Synopsis This accessible but learned primer is for those who want to know more about the major economic systems--such as feudalism, socialism, fascism, and capitalism--which we have all heard of but which often remain cloudy in our minds. By making the distinctions clearer, and by focusing on the concept of incentives, Thomas Sowell underscores the ways in which government, society, and the individual citizen interrelate in a participatory democracy. He draws his examples from real-world issues such as rent control, and explains difficult topics such as how corporations and world economies work. Sowell is a noted conservative thinker and public intellectual whose many books cover a range of topics on social issues.
This overview of economic theory is presented as a primer for those who want to understand the role of government, society, and the individual citizen in a participatory democracy. Sowell is a noted conservative thinker and commentator.
| Details | | Publication Date: | 2000-12-01 |
| Size | | Length: | 366 pages | | Height: | 9.5 in | | Width: | 6.3 in | | Thickness: | 1.2 in | | Weight: | 24.8 oz |
Industry Reviews "An important contribution....[Sowell's] interesting book, clearly written and unencumbered with mathematics and diagrams, can easily be absorbed by the general readers. The book is, perhaps, most valuable as a rearmament of economists themselves with the powerful principles of their discipline." Times Literary Supplement - Paul Craig Roberts (03/22/2002)
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