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  • Applied Economics

  • Thinking Beyond Stage One: Second Edition
  • By: Thomas Sowell
  • Narrated by: Bill Wallace
  • Length: 11 hrs and 37 mins
  • 4.7 out of 5 stars (38 ratings)

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Applied Economics

By: Thomas Sowell
Narrated by: Bill Wallace
Free with 30-day trial

$16.45/month after 30 days. Cancel anytime.

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Publisher's Summary

Applied Economics is an accessible guide to how our economic decisions develop. It explains the application of economics to major world problems, including housing, medical care, discrimination, and the economic development of nations. The book is based on an international view of economics, includes examples from around the world, and shows how certain incentives and constraints produce similar outcomes among disparate peoples and cultures.
©2009 Thomas Sowell (P)2009 Blackstone Audio, Inc.
Economics
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Critic Reviews

"Applied Economics...is simply the must-have field guide to our economic landscape." (Jonah Goldberg, Los Angeles Times columnist)
"Applied Economics is full of...good sense - and serves as an excellent defense against the counterproductive promises of political candidates." ( Wall Street Journal)

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Required Econ1001 Reading (Listening)

It's best if you listen to other writings by Thomas Sowel with the same interest. The concepts are interconnected, coherently developed and very practical in the eyes of an undergraduate economist as well as a general reader.

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A utilitarian opinion piece

Worth a listen to get an understanding of economic thinking, but take it with a big grain of salt.

Early on it's quite a decent textbook, and illustrates the importance of employing basic economic concepts (incetives, supply & demand, costs, etc.) to political decision making.

A few chapters in though, it just becomes an almost completely blind propaganda piece for utilitarian capitalism with evident gaping holes in the logic of its underlying assumptions.

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