This book teaches you to think about the incentives created by certain economics decisions made by our governments, rather than the initial goals. Thomas Sowell gives us many examples in favor of free-market, price driven economic policy and Tom Weiner keeps the listener interested with a good pace.
I would never read a text.
Socialism. Their way of life is understandably hard.
How a 'Free Market' works & why it's better.
The book explains the basics of economics in simple language. The author uses real world examples from multiple eras, nations and economic systems, along with more basic thought experiments from everyday life. He does an excellent job hammering home the basic by using progressively more nuanced real world scenarios.
I usually only listen to sci-fi or fantasy books, but I could not put this down. I'm going to buy the hard copy for my wife who doesn't like audiobooks. It's worth buying twice!
I was a little put off by the aerator at first because I kept thinking, "why is a Pearson's Puppeteer explaining economics?"
Thomas Sowell gives very clear explaination of economics with many detailed examples. I will be looking into others books by him.
weeding & witeing
well taught - engaging
clear teaching - excellent content
the narrator was fine - not hard to listen to
maybe some smiles & plenty of insights
I loved the current and historical examples that were used to flesh out points rather than just dry theorizing.
It helped me review basic economic concepts in an interesting and understandable way.
No I did like his voice
Thomas Sowell is a brilliant thinker and very clear writer.
thorough, basic, thoughtful
Yes, he did a great job of reading the text. Never once detracted from the content.
Because of the content being presented, it did not always keep my attention, but that is more the fault of the topic I chose to learn more about, not the content itself. For someone who knows very little about economics, I thought it was a great introduction and would recommend it to anyone looking for basics.
Masterfully crafted to make an academic subject interesting for 30+ hours of listening.
Listening to this book has been quite unique.
This is a basic textbook on economics, presenting complicated ideas in easy to understand and practical texts.
This book was was complete and thorough with theoretical statements, backed up with relevant examples. Economics was explained in a very simple way, but the profound importance of the concepts really hit home.
Sowell repeated throughout the book that "Economics is the study of the use of scarce resources which have alternative uses." This is so foundational and yet so easy to forget. his calm and objective statement of facts without value judgements is refreshing in a time when most information is presented with spin and conclusions as to what you should think as a result.
It was very interesting but since it was over 20 hours, it was impossible to listen all at once. I will probably go back and listen again in the future, and have recommended this book to 3 people within a week of listening.
This simple and common sense explanation of how economic principles work and how incentives impact what people decide to do should be required reading for all Americans. It brings clarity to the underlying principles and let's you decide for yourself how the information should be applied to society. Just the facts...