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Basic Economics

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Basic Economics

By: Clarence B. Carson
Narrated by: Christopher Hurt
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This sound primer of basic economics tells all you ever wanted to know but were afraid to ask about money, the market, prices, monopoly, competition, land, labor, capital, entrepreneurs, the Federal Reserve, and the distribution of wealth. For those desiring to educate themselves in economic principles, Carson will give you the tools to debate the warmed-over socialism presented by today’s media.

Carson defines and describes all of the major politico-economic systems of the past one thousand years. Feudalism, mercantilism, free enterprise, capitalism, welfarism, and communism are each allotted a chapter in the concluding section. The basics are all covered in clear, plain English, and Carson makes sure to keep his subject interesting.

©1988 Clarence B. Carson (P)1989 Blackstone Audio, Inc. Economics Education
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Critic Reviews

“Clarence B. Carson has made economics readable for the layman. In his latest book, Basic Economics, Carson does what he does best; he draws on his extensive knowledge of history and free market economic theory to lead his readers carefully through the intricacies and fallacies of economic thought.”

“As narrator, Hurt has a pleasant vocal quality…He succeeds by making the most of his instrument and treating the book almost as if it were a musical score written within that range.”
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Thomas Sowell is a clear thinker, great teacher and masterful communicator. This book offers a compelling grounding in economic principles, delivered with no nonsense practical clarity - rather than abstract concepts or jargon.

Sure, it could be argued that there are some of Sowell's well known ideological biases in places. I suspect he could have given more weight to failures of the market mechanism. That said, there are essential truths and principles here.

Everyone should get acquainted with this book. I'm glad I did.

compelling, insightful and essential

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The content was a bit slow for me and stayed on one topic too long, probably because I have studied economics at university. Overall it made some valid point and worked to show people how the economy actually works however some aspects it suggested should be market driven such as healthcare I think should have been looked at from a wider perspective, overall very American views.

A little one sided.

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