Common Sense Economics

Three of the most well-known economists working today—James Gwartney, Richard L. Stroup, and Dwight R. Lee—show us in Common Sense Economics why understanding economics is crucial for thriving in contemporary society and what it takes to effectively manage one's personal life and social obligations. They explain the fundamental concepts of supply and demand, private property, commerce, and other topics in simple, effective language that is free of any hints of jargon or obscurity. A clear, straightforward explanation of how and why our economy and the world function the way they do, as well as how and why people and countries prosper, Common Sense Economics is essential reading in a world where free trade, taxes, and government spending are topics that everyone needs to understand.

The writers' goal is to offer clear and organized insight into economics while using the least amount of jargon possible. They provide insight on the impact of political norms and policies on people and nations while also imparting fundamental principles to both novices and seasoned executives.

Utilizing the common practice of "lists," the authors provide "Ten Key Elements of Economic Theory," "Seven Major Sources of Economic Progress," "Ten Elements of Clear Thinking about Economic Progress and the Role of Government," "Ten Elements of Clear Thinking about Economic Progress and the Role of the Legal System," and "Ten Elements of Clear Thinking about Economic Progress and the Role of Government." Among the best books on economics, Common Sense Economics is a fantastic economics primer that is easy to read.

Author: James D. Gwartney, Richard L. Stroup and Dwight R. Lee

Link to buy: https://www.amazon.com/dp/B005ZO6UGY

Ratings: 4.3 out of 5 stars (from 63 reviews)

Best Sellers Rank: #2,804,298 in Books

#5,157 in Deals in Books
#5,712 in Introduction to Investing
#19,887 in Personal Finance (Books)