Principles of Economics

By: Saifedean Ammous

Narrated by: Saifedean Ammous

Length: 12 hrs and 53 mins

Publisher's summary

Principles of Economics is a university-level textbook in economics that offers a clear and concise exploration of the most important economic concepts.

This book is unapologetically Austrian in its approach. It tackles major economic concepts and topics independently, but in a logical sequence aimed at delivering the listener an understanding of economics at an individual and societal level, and the widespread implications of economics as a topic. The first part of the book introduces the foundational concepts in economics and the Austrian method, the second part of the book introduces the actions that individual humans perform to economize.

After two decades of studying and learning economics at university level, this book represents the knowledge of economics I would have liked to have when I was 17.

©2023 Saifedean Ammous (P)2023 The Saif House

In time this book impact will be comparable to the Bitcoin Standard

Principles of economics has taught me a better Austrian economic theory in 12 hours then all of high school and undergrad degree combined while explaining the mind boggling leaps you must take in current Keynesian theory. I strongly believe this book will become the go to standard for beginning to understand the economic machine we are a part of.

World class as always

Excellent stories and descriptions to explain economics in a logical way for anyone interested regardless of background or expertise

This is a must read.

This is one of the most important books of this century. It is absolutely corrective as to the diminishment of critical and rational thinking in our society. It focuses on one of the most important things in life, Economics, which is a subject that is mostly ignored in the education of Americans, and is one of the most coherent arguments against Keynesian economics that I have read. Simply brilliant!

yet another brilliant Saif take

If "The bitcoin standard" & "The fiat standard" left you hungry for more or at least motivated an intrigue into a paradigm shifting view on economics fundamentals at large and the existential questions and critique that permeate all other aspects of life; then this book is a natural continuation to the prior two

Outstanding

I thoroughly enjoyed this book. Great introduction to economics from an Austrian perspective. Hearing Saifedean read it himself makes it even better.

I was already a fan of the Austrian school

I was already a fan of the Austrian school and didn't expect much from this book. I was pleasantly surprised at how much utility I got out of it. The author is brilliant and is a great writer. Because of his clear writing and perfect logic, this will now be one of the books I recommend to people alongside the other greats such as Human Action, Man Economy and State or Economics in One Lesson.

A must read!

This book contains quite a bit of education. I also enjoyed The Bitcoin Standard, and The Fiat Standard. My favorite elements of both are discussed further, also new variables and aspects are introduced and discussed.. The author, Saifedean Ammous,, brings to light topics that will change the way you think about money.

Must read Austrian economics book

Saifedean’s books are great, and principles of economics is no exception. Dissecting economics through the Austrian lens, Saifedean is able to explain economic phenomena in a rational manner, unlike Keynesian nonsense. For anyone looking to delve into Austrian economics and capitalism, this book is for you!

Absolute Masterpiece!

Saifedean had built strong foundations from his previous books The Bitcoin Standard and The Fiat Standar culminating in this sweeping dissection into human economic actions that is driven by human nature, and how every attempt at gaming the nature via money printing or manipulation actually leads to unintended problems. I think because nature works from bottom up, not top down, and any top down economic planning is basically working against nature and by definition will be corrected by nature itself whether they like it or not, whether planned by central committee of communist party or The Fed.

Economics as it should be taught

It’s a shame that Economics is still taught in universities with Keynesian text books and the subject is treated as a natural science. Econometric models with negligible coefficient of determination are forced down students’ throats. Saifedean’s book is more useful than a full mainstream Economics course. Strongly recommend.