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Common Sense Economics: What Everyone Should Know about Wealth and Prosperity

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Item specifics

Condition
Good

A book that has been read but is in good condition. Very minimal damage to the cover including scuff marks, but no holes or tears. The dust jacket for hard covers may not be included. Binding has minimal wear. The majority of pages are undamaged with minimal creasing or tearing, minimal pencil underlining of text, no highlighting of text, no writing in margins. No missing pages. See the seller’s listing for full details and description of any imperfections. See all condition definitionsopens in a new window or tab

Seller Notes
“Missing dust jacket; Pages can have notes/highlighting. Spine may show signs of wear. ~ …

Binding
Hardcover
Weight
0 lbs
Product Group
Book
IsTextBook
No
ISBN
9780312644895
Book Title
Common Sense Economics : What Everyone Should Know about Wealth and Prosperity
Publisher
St. Martin’s Press
Item Length
8.4 in
Edition
2
Publication Year
2010
Format
Hardcover
Language
English
Illustrator
Yes
Item Height
0.9 in
Author
Richard L. Stroup, James D. Gwartney, Dwight R. Lee, Tawni H. Ferrarini
Features
Revised
Genre
Business & Economics
Topic
Personal Finance / Money Management, Economics / General, Free Enterprise, Personal Finance / General
Item Weight
11.3 Oz
Item Width
5.7 in
Number of Pages
240 Pages

Common Sense Economics: What Everyone Should Know about Wealth and Prosperity

About this product

Product Identifiers

Publisher
St. Martin’s Press
ISBN-10
0312644892
ISBN-13
9780312644895
eBay Product ID (ePID)
84520554

Product Key Features

Edition
2
Book Title
Common Sense Economics : What Everyone Should Know about Wealth and Prosperity
Number of Pages
240 Pages
Language
English
Topic
Personal Finance / Money Management, Economics / General, Free Enterprise, Personal Finance / General
Publication Year
2010
Features
Revised
Illustrator
Yes
Genre
Business & Economics
Author
Richard L. Stroup, James D. Gwartney, Dwight R. Lee, Tawni H. Ferrarini
Format
Hardcover

Dimensions

Item Height
0.9 in
Item Weight
11.3 Oz
Item Length
8.4 in
Item Width
5.7 in

Additional Product Features

Intended Audience
Trade
LCCN
2010-021851
Dewey Edition
23
Reviews
Economic Journalism is often based on slip-shod analysis; scientific treatises are analytically coherent but unintelligible. This book is an effort to bridge the awesome gap between these levels of discourse. It is solid economic analysis, simply presented., Common Sense Economics makes economic principles as obvious and simple as they can be. By weaving careful reasoning with memorable examples and clear writing, the authors explain how economies grow (or don’t grow); how prices coordinate economic activity; and how governments promote or deter economic progress. This is an extraordinary contribution to economic education., “Economic Journalism is often based on slip-shod analysis; scientific treatises are analytically coherent but unintelligible.  This book is an effort to bridge the awesome gap between these levels of discourse.  It is solid economic analysis, simply presented.” — Nobel Laureate James Buchanan “If this book had been written a century ago the wasteful experiments with command economies might have been avoided. After my college-age children read this new edition, their understanding of how markets create social cooperation and wealth and how they can personally be guided in their finances sharply advanced.” – Gary M. Walton, Professor of Economics, University of California, Davis and President of the Foundation for Teaching Economics “I gave a copy of Common Sense Economics to one of my colleagues who teaches accounting here. He read it this weekend and thought it was so good that he is considering paying his students (half the cost) to read it. We both think the lessons are perfect.”- Kelly Hunter Markson, Ph.D., Instructor of Economics, Wake Technical Community College “My high school students really enjoy this book. It is easy for them to understand and it presents important economic concepts in plain language using clear, often clever, examples. They read the whole book, and we discuss it page by page during class discussion. I believe they get more out of it than their regular text.”- David Gardner, Principal and Teacher, Frederica Academy (Georgia) ” Common Sense Economics is about both personal prosperity and the wealth of nations. It explains how and why ordinary people are able to accomplish extraordinary things when they are economically free and when the policies and institutions of their government are supportive of that  freedom.”     – Wayne Angell, Member, Board of Governors of the Federal Reserve System (19861994) ” Common Sense Economics makes economic principles as obvious and simple as they can be. By weaving careful reasoning with memorable examples and clear writing, the authors explain how economies grow (or don’t grow); how prices coordinate economic activity; and how governments promote or deter economic progress. This is an extraordinary contribution to economic education.”     – Kenneth G. Elzinga, Robert C. Taylor Professor of Economics, University of Virginia  “Economics is not only fun and exciting, it’s mostly plain common sense. The authors have done a yeoman’s job in proving just that. Common Sense Economics is not only a fun, readable read but can serve as a handy and important reference for students, teachers, businessmen, members of the media, politicians, and trained economists.”       – Walter E. Williams, John M. Olin Distinguished Professor of Economics, George Mason University ” Common Sense Economics takes the economic way of thinking to the next level. If every high school graduate understood the principles in this book, people would make wiser choices as consumers, producers, and citizens and the United States would be more prosperous.” – John Morton, former Vice President for Program Development, National Council on Economic Education “In a time when public policy is being influenced primarily by need, greed, and compassion, this text sets out, in laymen’s terms, the most basic understanding of how the economy really works. Common Sense Economics is a must-read for anyone interested in the truth about wealth creation and effective public policy.” — J. R. Clark, Probasco Chair, The University of Tennessee and Executive Director, Association of Private Enterprise Education  , Common Sense Economics takes the economic way of thinking to the next level. If every high school graduate understood the principles in this book, people would make wiser choices as consumers, producers, and citizens and the United States would be more prosperous., I gave a copy of Common Sense Economics to one of my colleagues who teaches accounting here. He read it this weekend and thought it was so good that he is considering paying his students (half the cost) to read it. We both think the lessons are perfect., “Economic Journalism is often based on slip-shod analysis; scientific treatises are analytically coherent but unintelligible.  This book is an effort to bridge the awesome gap between these levels of discourse.  It is solid economic analysis, simply presented.” — Nobel Laureate James Buchanan “If this book had been written a century ago the wasteful experiments with command economies might have been avoided. After my college-age children read this new edition, their understanding of how markets create social cooperation and wealth and how they can personally be guided in their finances sharply advanced.” — Gary M. Walton, Professor of Economics, University of California, Davis and President of the Foundation for Teaching Economics “I gave a copy of Common Sense Economics to one of my colleagues who teaches accounting here. He read it this weekend and thought it was so good that he is considering paying his students (half the cost) to read it. We both think the lessons are perfect.”– Kelly Hunter Markson, Ph.D., Instructor of Economics, Wake Technical Community College “My high school students really enjoy this book. It is easy for them to understand and it presents important economic concepts in plain language using clear, often clever, examples. They read the whole book, and we discuss it page by page during class discussion. I believe they get more out of it than their regular text.”– David Gardner, Principal and Teacher, Frederica Academy (Georgia) ” Common Sense Economics is about both personal prosperity and the wealth of nations. It explains how and why ordinary people are able to accomplish extraordinary things when they are economically free and when the policies and institutions of their government are supportive of that  freedom.”     — Wayne Angell, Member, Board of Governors of the Federal Reserve System (1986-1994) ” Common Sense Economics makeseconomic principles as obvious and simple as they can be. By weaving careful reasoning with memorable examples and clear writing, the authors explain how economies grow (or don’t grow); how prices coordinate economic activity; and how governments promote or deter economic progress. This is an extraordinary contribution to economic education.”     — Kenneth G. Elzinga, Robert C. Taylor Professor of Economics, University of Virginia  “Economics is not only fun and exciting, it’s mostly plain common sense. The authors have done a yeoman’s job in proving just that. Common Sense Economics is not only a fun, readable read but can serve as a handy and important reference for students, teachers, businessmen, members of the media, politicians, and trained economists.”       — Walter E. Williams, John M. Olin Distinguished Professor of Economics, George Mason University ” Common Sense Economics takes the economic way of thinking to the next level. If every high school graduate understood the principles in this book, people would make wiser choices as consumers, producers, and citizens and the United States would be more prosperous.” — John Morton, former Vice President for Program Development, National Council on Economic Education “In a time when public policy is being influenced primarily by need, greed, and compassion, this text sets out, in laymen’s terms, the most basic understanding of how the economy really works. Common Sense Economics is a must-read for anyone interested in the truth about wealth creation and effective public policy.” — J. R. Clark, Probasco Chair, The University of Tennessee and Executive Director, Association of Private Enterprise Education  , My high school students really enjoy this book. It is easy for them to understand and it presents important economic concepts in plain language using clear, often clever, examples. They read the whole book, and we discuss it page by page during class discussion. I believe they get more out of it than their regular text., If this book had been written a century ago the wasteful experiments with command economies might have been avoided. After my college-age children read this new edition, their understanding of how markets create social cooperation and wealth and how they can personally be guided in their finances sharply advanced., “Economic Journalism is often based on slip-shod analysis; scientific treatises are analytically coherent but unintelligible.  This book is an effort to bridge the awesome gap between these levels of discourse.  It is solid economic analysis, simply presented.” –Nobel Laureate James BuchananIf this book had been written a century ago the wasteful experiments with command economies might have been avoided. After my college-age children read this new edition, their understanding of how markets create social cooperation and wealth and how they can personally be guided in their finances sharply advanced.” —Gary M. Walton, Professor of Economics, University of California, Davis and President of the Foundation for Teaching Economics”I gave a copy ofCommon Sense Economicsto one of my colleagues who teaches accounting here. He read it this weekend and thought it was so good that he is considering paying his students (half the cost) to read it. We both think the lessons are perfect.”—Kelly Hunter Markson, Ph.D., Instructor of Economics, Wake Technical Community College “My high school students really enjoy this book. It is easy for them to understand and it presents important economic concepts in plain language using clear, often clever, examples. They read the whole book, and we discuss it page by page during class discussion. I believe they get more out of it than their regular text.”—David Gardner, Principal and Teacher, Frederica Academy (Georgia)Common Sense Economicsis about both personal prosperity and the wealth of nations. It explains how and why ordinary people are able to accomplish extraordinary things when they are economically free and when the policies and institutions of their government are supportive of that  freedom.”     —Wayne Angell, Member, Board of Governors of the Federal Reserve System (1986–1994)Common Sense Economicsmakeseconomic principles as obvious and simple as they can be. By weaving careful reasoning with memorable examples and clear writing, the authors explain how economies grow (or don’t grow); how prices coordinate economic activity; and how governments promote or deter economic progress. This is an extraordinary contribution to economic education.”     —Kenneth G. Elzinga, Robert C. Taylor Professor of Economics, University of Virginia Economics is not only fun and exciting, it’s mostly plain common sense. The authors have done a yeoman’s job in proving just that.Common Sense Economicsis not only a fun, readable read but can serve as a handy and important reference for students, teachers, businessmen, members of the media, politicians, and trained economists.”       —Walter E. Williams, John M. Olin Distinguished Professor of Economics, George Mason UniversityCommon Sense Economicstakes the economic way of thinking to the next level. If every high school graduate understood the principles in this book, people would make wiser choices as consumers, producers, and citizens and the United States would be more prosperous.” —John Morton, former Vice President for Program Development, National Council on Economic EducationIn a time when public policy is being influenced primarily by need, greed, and compassion, this text sets out, in laymen’s terms, the most basic understanding of how the economy really works.Common Sense Economicsis a must-read for anyone interested in the truth about wealth creation and effective public po, Economics is not only fun and exciting, it’s mostly plain common sense. The authors have done a yeoman’s job in proving just that. Common Sense Economics is not only a fun, readable read but can serve as a handy and important reference for students, teachers, businessmen, members of the media, politicians, and trained economists., “Economic Journalism is often based on slip-shod analysis; scientific treatises are analytically coherent but unintelligible. This book is an effort to bridge the awesome gap between these levels of discourse. It is solid economic analysis, simply presented.” –Nobel Laureate James Buchanan “If this book had been written a century ago the wasteful experiments with command economies might have been avoided. After my college-age children read this new edition, their understanding of how markets create social cooperation and wealth and how they can personally be guided in their finances sharply advanced.” — Gary M. Walton, Professor of Economics, University of California, Davis and President of the Foundation for Teaching Economics “I gave a copy of Common Sense Economics to one of my colleagues who teaches accounting here. He read it this weekend and thought it was so good that he is considering paying his students (half the cost) to read it. We both think the lessons are perfect.” — Kelly Hunter Markson, Ph.D., Instructor of Economics, Wake Technical Community College “My high school students really enjoy this book. It is easy for them to understand and it presents important economic concepts in plain language using clear, often clever, examples. They read the whole book, and we discuss it page by page during class discussion. I believe they get more out of it than their regular text.” — David Gardner, Principal and Teacher, Frederica Academy (Georgia) ” Common Sense Economics is about both personal prosperity and the wealth of nations. It explains how and why ordinary people are able to accomplish extraordinary things when they are economically free and when the policies and institutions of their government are supportive of that freedom.” — Wayne Angell, Member, Board of Governors of the Federal Reserve System (1986-1994) ” Common Sense Economics makes economic principles as obvious and simple as they can be. By weaving careful reasoning with memorable examples and clear writing, the authors explain how economies grow (or don’t grow); how prices coordinate economic activity; and how governments promote or deter economic progress. This is an extraordinary contribution to economic education.” — Kenneth G. Elzinga, Robert C. Taylor Professor of Economics, University of Virginia “Economics is not only fun and exciting, it’s mostly plain common sense. The authors have done a yeoman’s job in proving just that. Common Sense Economics is not only a fun, readable read but can serve as a handy and important reference for students, teachers, businessmen, members of the media, politicians, and trained economists.” — Walter E. Williams, John M. Olin Distinguished Professor of Economics, George Mason University ” Common Sense Economics takes the economic way of thinking to the next level. If every high school graduate understood the principles in this book, people would make wiser choices as consumers, producers, and citizens and the United States would be more prosperous.” — John Morton, former Vice President for Program Development, National Council on Economic Education “In a time when public policy is being influenced primarily by need, greed, and compassion, this text sets out, in laymen’s terms, the most basic understanding of how the economy really works. Common Sense Economics is a must-read for anyone interested in the truth about wealth creation and effective public policy.” — J. R. Clark, Probasco Chair, The University of Tennessee and Executive Director, Association of Private Enterprise Education, In a time when public policy is being influenced primarily by need, greed, and compassion, this text sets out, in laymen’s terms, the most basic understanding of how the economy really works. Common Sense Economics is a must-read for anyone interested in the truth about wealth creation and effective public policy., Common Sense Economics is about both personal prosperity and the wealth of nations. It explains how and why ordinary people are able to accomplish extraordinary things when they are economically free and when the policies and institutions of their government are supportive of that freedom.
Dewey Decimal
330
Edition Description
Revised edition
Synopsis
“The authors tell us what everyone should know about economics in language we can all understand. It’s refreshing when four of the best in the profession avoid the all-too-common practice of writing in a code that only other economists can comprehend.” —Robert McTeer, former president of the Federal Reserve Bank of Dallas With the global economy recovering from a steep recession, those who fail to grasp basic economic principles such as gains from trade, the role of profit and loss, and the secondary effects of government spending, taxes, and borrowing risk falling behind in their professional careers–even their personal lives. Common Sense Economics discusses key principles and uses them to show how to make wise personal and policy choices. This new edition of a classic from James D. Gwartney, Richard L. Stroup, Dwight R. Lee, and Tawni H. Ferrarini, with reflections on the recent recession and the policy response to it, illuminates our world and what might be done to make it better.
LC Classification Number
HB95.G9 2010

Description


Item specifics

Condition
Good

A book that has been read but is in good condition. Very minimal damage to the cover including scuff marks, but no holes or tears. The dust jacket for hard covers may not be included. Binding has minimal wear. The majority of pages are undamaged with minimal creasing or tearing, minimal pencil underlining of text, no highlighting of text, no writing in margins. No missing pages. See the seller’s listing for full details and description of any imperfections. See all condition definitionsopens in a new window or tab

Seller Notes
“Missing dust jacket; Pages can have notes/highlighting. Spine may show signs of wear. ~ …

Binding
Hardcover
Weight
0 lbs
Product Group
Book
IsTextBook
No
ISBN
9780312644895
Book Title
Common Sense Economics : What Everyone Should Know about Wealth and Prosperity
Publisher
St. Martin’s Press
Item Length
8.4 in
Edition
2
Publication Year
2010
Format
Hardcover
Language
English
Illustrator
Yes
Item Height
0.9 in
Author
Richard L. Stroup, James D. Gwartney, Dwight R. Lee, Tawni H. Ferrarini
Features
Revised
Genre
Business & Economics
Topic
Personal Finance / Money Management, Economics / General, Free Enterprise, Personal Finance / General
Item Weight
11.3 Oz
Item Width
5.7 in
Number of Pages
240 Pages

Common Sense Economics: What Everyone Should Know about Wealth and Prosperity

About this product

Product Identifiers

Publisher
St. Martin’s Press
ISBN-10
0312644892
ISBN-13
9780312644895
eBay Product ID (ePID)
84520554

Product Key Features

Edition
2
Book Title
Common Sense Economics : What Everyone Should Know about Wealth and Prosperity
Number of Pages
240 Pages
Language
English
Topic
Personal Finance / Money Management, Economics / General, Free Enterprise, Personal Finance / General
Publication Year
2010
Features
Revised
Illustrator
Yes
Genre
Business & Economics
Author
Richard L. Stroup, James D. Gwartney, Dwight R. Lee, Tawni H. Ferrarini
Format
Hardcover

Dimensions

Item Height
0.9 in
Item Weight
11.3 Oz
Item Length
8.4 in
Item Width
5.7 in

Additional Product Features

Intended Audience
Trade
LCCN
2010-021851
Dewey Edition
23
Reviews
Economic Journalism is often based on slip-shod analysis; scientific treatises are analytically coherent but unintelligible. This book is an effort to bridge the awesome gap between these levels of discourse. It is solid economic analysis, simply presented., Common Sense Economics makes economic principles as obvious and simple as they can be. By weaving careful reasoning with memorable examples and clear writing, the authors explain how economies grow (or don’t grow); how prices coordinate economic activity; and how governments promote or deter economic progress. This is an extraordinary contribution to economic education., “Economic Journalism is often based on slip-shod analysis; scientific treatises are analytically coherent but unintelligible.  This book is an effort to bridge the awesome gap between these levels of discourse.  It is solid economic analysis, simply presented.” — Nobel Laureate James Buchanan “If this book had been written a century ago the wasteful experiments with command economies might have been avoided. After my college-age children read this new edition, their understanding of how markets create social cooperation and wealth and how they can personally be guided in their finances sharply advanced.” – Gary M. Walton, Professor of Economics, University of California, Davis and President of the Foundation for Teaching Economics “I gave a copy of Common Sense Economics to one of my colleagues who teaches accounting here. He read it this weekend and thought it was so good that he is considering paying his students (half the cost) to read it. We both think the lessons are perfect.”- Kelly Hunter Markson, Ph.D., Instructor of Economics, Wake Technical Community College “My high school students really enjoy this book. It is easy for them to understand and it presents important economic concepts in plain language using clear, often clever, examples. They read the whole book, and we discuss it page by page during class discussion. I believe they get more out of it than their regular text.”- David Gardner, Principal and Teacher, Frederica Academy (Georgia) ” Common Sense Economics is about both personal prosperity and the wealth of nations. It explains how and why ordinary people are able to accomplish extraordinary things when they are economically free and when the policies and institutions of their government are supportive of that  freedom.”     – Wayne Angell, Member, Board of Governors of the Federal Reserve System (19861994) ” Common Sense Economics makes economic principles as obvious and simple as they can be. By weaving careful reasoning with memorable examples and clear writing, the authors explain how economies grow (or don’t grow); how prices coordinate economic activity; and how governments promote or deter economic progress. This is an extraordinary contribution to economic education.”     – Kenneth G. Elzinga, Robert C. Taylor Professor of Economics, University of Virginia  “Economics is not only fun and exciting, it’s mostly plain common sense. The authors have done a yeoman’s job in proving just that. Common Sense Economics is not only a fun, readable read but can serve as a handy and important reference for students, teachers, businessmen, members of the media, politicians, and trained economists.”       – Walter E. Williams, John M. Olin Distinguished Professor of Economics, George Mason University ” Common Sense Economics takes the economic way of thinking to the next level. If every high school graduate understood the principles in this book, people would make wiser choices as consumers, producers, and citizens and the United States would be more prosperous.” – John Morton, former Vice President for Program Development, National Council on Economic Education “In a time when public policy is being influenced primarily by need, greed, and compassion, this text sets out, in laymen’s terms, the most basic understanding of how the economy really works. Common Sense Economics is a must-read for anyone interested in the truth about wealth creation and effective public policy.” — J. R. Clark, Probasco Chair, The University of Tennessee and Executive Director, Association of Private Enterprise Education  , Common Sense Economics takes the economic way of thinking to the next level. If every high school graduate understood the principles in this book, people would make wiser choices as consumers, producers, and citizens and the United States would be more prosperous., I gave a copy of Common Sense Economics to one of my colleagues who teaches accounting here. He read it this weekend and thought it was so good that he is considering paying his students (half the cost) to read it. We both think the lessons are perfect., “Economic Journalism is often based on slip-shod analysis; scientific treatises are analytically coherent but unintelligible.  This book is an effort to bridge the awesome gap between these levels of discourse.  It is solid economic analysis, simply presented.” — Nobel Laureate James Buchanan “If this book had been written a century ago the wasteful experiments with command economies might have been avoided. After my college-age children read this new edition, their understanding of how markets create social cooperation and wealth and how they can personally be guided in their finances sharply advanced.” — Gary M. Walton, Professor of Economics, University of California, Davis and President of the Foundation for Teaching Economics “I gave a copy of Common Sense Economics to one of my colleagues who teaches accounting here. He read it this weekend and thought it was so good that he is considering paying his students (half the cost) to read it. We both think the lessons are perfect.”– Kelly Hunter Markson, Ph.D., Instructor of Economics, Wake Technical Community College “My high school students really enjoy this book. It is easy for them to understand and it presents important economic concepts in plain language using clear, often clever, examples. They read the whole book, and we discuss it page by page during class discussion. I believe they get more out of it than their regular text.”– David Gardner, Principal and Teacher, Frederica Academy (Georgia) ” Common Sense Economics is about both personal prosperity and the wealth of nations. It explains how and why ordinary people are able to accomplish extraordinary things when they are economically free and when the policies and institutions of their government are supportive of that  freedom.”     — Wayne Angell, Member, Board of Governors of the Federal Reserve System (1986-1994) ” Common Sense Economics makeseconomic principles as obvious and simple as they can be. By weaving careful reasoning with memorable examples and clear writing, the authors explain how economies grow (or don’t grow); how prices coordinate economic activity; and how governments promote or deter economic progress. This is an extraordinary contribution to economic education.”     — Kenneth G. Elzinga, Robert C. Taylor Professor of Economics, University of Virginia  “Economics is not only fun and exciting, it’s mostly plain common sense. The authors have done a yeoman’s job in proving just that. Common Sense Economics is not only a fun, readable read but can serve as a handy and important reference for students, teachers, businessmen, members of the media, politicians, and trained economists.”       — Walter E. Williams, John M. Olin Distinguished Professor of Economics, George Mason University ” Common Sense Economics takes the economic way of thinking to the next level. If every high school graduate understood the principles in this book, people would make wiser choices as consumers, producers, and citizens and the United States would be more prosperous.” — John Morton, former Vice President for Program Development, National Council on Economic Education “In a time when public policy is being influenced primarily by need, greed, and compassion, this text sets out, in laymen’s terms, the most basic understanding of how the economy really works. Common Sense Economics is a must-read for anyone interested in the truth about wealth creation and effective public policy.” — J. R. Clark, Probasco Chair, The University of Tennessee and Executive Director, Association of Private Enterprise Education  , My high school students really enjoy this book. It is easy for them to understand and it presents important economic concepts in plain language using clear, often clever, examples. They read the whole book, and we discuss it page by page during class discussion. I believe they get more out of it than their regular text., If this book had been written a century ago the wasteful experiments with command economies might have been avoided. After my college-age children read this new edition, their understanding of how markets create social cooperation and wealth and how they can personally be guided in their finances sharply advanced., “Economic Journalism is often based on slip-shod analysis; scientific treatises are analytically coherent but unintelligible.  This book is an effort to bridge the awesome gap between these levels of discourse.  It is solid economic analysis, simply presented.” –Nobel Laureate James BuchananIf this book had been written a century ago the wasteful experiments with command economies might have been avoided. After my college-age children read this new edition, their understanding of how markets create social cooperation and wealth and how they can personally be guided in their finances sharply advanced.” —Gary M. Walton, Professor of Economics, University of California, Davis and President of the Foundation for Teaching Economics”I gave a copy ofCommon Sense Economicsto one of my colleagues who teaches accounting here. He read it this weekend and thought it was so good that he is considering paying his students (half the cost) to read it. We both think the lessons are perfect.”—Kelly Hunter Markson, Ph.D., Instructor of Economics, Wake Technical Community College “My high school students really enjoy this book. It is easy for them to understand and it presents important economic concepts in plain language using clear, often clever, examples. They read the whole book, and we discuss it page by page during class discussion. I believe they get more out of it than their regular text.”—David Gardner, Principal and Teacher, Frederica Academy (Georgia)Common Sense Economicsis about both personal prosperity and the wealth of nations. It explains how and why ordinary people are able to accomplish extraordinary things when they are economically free and when the policies and institutions of their government are supportive of that  freedom.”     —Wayne Angell, Member, Board of Governors of the Federal Reserve System (1986–1994)Common Sense Economicsmakeseconomic principles as obvious and simple as they can be. By weaving careful reasoning with memorable examples and clear writing, the authors explain how economies grow (or don’t grow); how prices coordinate economic activity; and how governments promote or deter economic progress. This is an extraordinary contribution to economic education.”     —Kenneth G. Elzinga, Robert C. Taylor Professor of Economics, University of Virginia Economics is not only fun and exciting, it’s mostly plain common sense. The authors have done a yeoman’s job in proving just that.Common Sense Economicsis not only a fun, readable read but can serve as a handy and important reference for students, teachers, businessmen, members of the media, politicians, and trained economists.”       —Walter E. Williams, John M. Olin Distinguished Professor of Economics, George Mason UniversityCommon Sense Economicstakes the economic way of thinking to the next level. If every high school graduate understood the principles in this book, people would make wiser choices as consumers, producers, and citizens and the United States would be more prosperous.” —John Morton, former Vice President for Program Development, National Council on Economic EducationIn a time when public policy is being influenced primarily by need, greed, and compassion, this text sets out, in laymen’s terms, the most basic understanding of how the economy really works.Common Sense Economicsis a must-read for anyone interested in the truth about wealth creation and effective public po, Economics is not only fun and exciting, it’s mostly plain common sense. The authors have done a yeoman’s job in proving just that. Common Sense Economics is not only a fun, readable read but can serve as a handy and important reference for students, teachers, businessmen, members of the media, politicians, and trained economists., “Economic Journalism is often based on slip-shod analysis; scientific treatises are analytically coherent but unintelligible. This book is an effort to bridge the awesome gap between these levels of discourse. It is solid economic analysis, simply presented.” –Nobel Laureate James Buchanan “If this book had been written a century ago the wasteful experiments with command economies might have been avoided. After my college-age children read this new edition, their understanding of how markets create social cooperation and wealth and how they can personally be guided in their finances sharply advanced.” — Gary M. Walton, Professor of Economics, University of California, Davis and President of the Foundation for Teaching Economics “I gave a copy of Common Sense Economics to one of my colleagues who teaches accounting here. He read it this weekend and thought it was so good that he is considering paying his students (half the cost) to read it. We both think the lessons are perfect.” — Kelly Hunter Markson, Ph.D., Instructor of Economics, Wake Technical Community College “My high school students really enjoy this book. It is easy for them to understand and it presents important economic concepts in plain language using clear, often clever, examples. They read the whole book, and we discuss it page by page during class discussion. I believe they get more out of it than their regular text.” — David Gardner, Principal and Teacher, Frederica Academy (Georgia) ” Common Sense Economics is about both personal prosperity and the wealth of nations. It explains how and why ordinary people are able to accomplish extraordinary things when they are economically free and when the policies and institutions of their government are supportive of that freedom.” — Wayne Angell, Member, Board of Governors of the Federal Reserve System (1986-1994) ” Common Sense Economics makes economic principles as obvious and simple as they can be. By weaving careful reasoning with memorable examples and clear writing, the authors explain how economies grow (or don’t grow); how prices coordinate economic activity; and how governments promote or deter economic progress. This is an extraordinary contribution to economic education.” — Kenneth G. Elzinga, Robert C. Taylor Professor of Economics, University of Virginia “Economics is not only fun and exciting, it’s mostly plain common sense. The authors have done a yeoman’s job in proving just that. Common Sense Economics is not only a fun, readable read but can serve as a handy and important reference for students, teachers, businessmen, members of the media, politicians, and trained economists.” — Walter E. Williams, John M. Olin Distinguished Professor of Economics, George Mason University ” Common Sense Economics takes the economic way of thinking to the next level. If every high school graduate understood the principles in this book, people would make wiser choices as consumers, producers, and citizens and the United States would be more prosperous.” — John Morton, former Vice President for Program Development, National Council on Economic Education “In a time when public policy is being influenced primarily by need, greed, and compassion, this text sets out, in laymen’s terms, the most basic understanding of how the economy really works. Common Sense Economics is a must-read for anyone interested in the truth about wealth creation and effective public policy.” — J. R. Clark, Probasco Chair, The University of Tennessee and Executive Director, Association of Private Enterprise Education, In a time when public policy is being influenced primarily by need, greed, and compassion, this text sets out, in laymen’s terms, the most basic understanding of how the economy really works. Common Sense Economics is a must-read for anyone interested in the truth about wealth creation and effective public policy., Common Sense Economics is about both personal prosperity and the wealth of nations. It explains how and why ordinary people are able to accomplish extraordinary things when they are economically free and when the policies and institutions of their government are supportive of that freedom.
Dewey Decimal
330
Edition Description
Revised edition
Synopsis
“The authors tell us what everyone should know about economics in language we can all understand. It’s refreshing when four of the best in the profession avoid the all-too-common practice of writing in a code that only other economists can comprehend.” —Robert McTeer, former president of the Federal Reserve Bank of Dallas With the global economy recovering from a steep recession, those who fail to grasp basic economic principles such as gains from trade, the role of profit and loss, and the secondary effects of government spending, taxes, and borrowing risk falling behind in their professional careers–even their personal lives. Common Sense Economics discusses key principles and uses them to show how to make wise personal and policy choices. This new edition of a classic from James D. Gwartney, Richard L. Stroup, Dwight R. Lee, and Tawni H. Ferrarini, with reflections on the recent recession and the policy response to it, illuminates our world and what might be done to make it better.
LC Classification Number
HB95.G9 2010

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