Common Sense Economics: What Everyone Should Know About Wealth and Prosperity
Posted by ObjectiveAnalyst 8 years, 11 months ago to Books
Common Sense Economics: What Everyone Should Know About Wealth and Prosperity
Revised and Updated
Book Review, 1-13-16
Authors, James D. Gwartney, Richard L. Stroup, Dwight R. Lee, and Tawni H. Ferrarini
Economics, 190 pages. ISBN 978-0-312-64489-5
The authors are all well credentialed, published, economists/professors. There are many endorsements from notable others including Walter Williams and Milton Friedman. Insights and quotes from Adam Smith, Henry Hazlitt, Thomas Sowell and many others fill the pages.
This should be a text book in every high school. Everyone should understand the macro and micro economic lessons offered within. In plain language and examples the authors provide a sound understanding, defense and promotion of free market economics as a practical matter. The case against central control and command economies is made clear.
“A wise and frugal government, which shall restrain men from injuring one another, which shall leave them otherwise free to regulate their own pursuits of industry and improvements, and shall not take from the mouth of labor the bread it has earned. This is the sum of good government.” – Thomas Jefferson, pg. 96
The final section is dedicated to practical personal finance and offers some sound advice and financial planning.
If you find this kind of material a chore, need something brief, in plain language that covers all the basics, then this might be perfect for you.
Respectfully,
O.A.
Revised and Updated
Book Review, 1-13-16
Authors, James D. Gwartney, Richard L. Stroup, Dwight R. Lee, and Tawni H. Ferrarini
Economics, 190 pages. ISBN 978-0-312-64489-5
The authors are all well credentialed, published, economists/professors. There are many endorsements from notable others including Walter Williams and Milton Friedman. Insights and quotes from Adam Smith, Henry Hazlitt, Thomas Sowell and many others fill the pages.
This should be a text book in every high school. Everyone should understand the macro and micro economic lessons offered within. In plain language and examples the authors provide a sound understanding, defense and promotion of free market economics as a practical matter. The case against central control and command economies is made clear.
“A wise and frugal government, which shall restrain men from injuring one another, which shall leave them otherwise free to regulate their own pursuits of industry and improvements, and shall not take from the mouth of labor the bread it has earned. This is the sum of good government.” – Thomas Jefferson, pg. 96
The final section is dedicated to practical personal finance and offers some sound advice and financial planning.
If you find this kind of material a chore, need something brief, in plain language that covers all the basics, then this might be perfect for you.
Respectfully,
O.A.
