Book Review: Basic Economics by Thomas Sowell

Basic Economics: A Common Sense Guide to the Economy by Thomas Sowell I picked this book up because I enjoy reading Dr. Sowell’s editorial and opinion pieces and thought if they are so good then the book must be good as well.  I was not disappointed.  I will admit that I was at best a lackluster math student in school, hence the reason my degrees are in History and not business.  I have a grasp of economics and economic principles but this book made many things clear to me that I thought I knew but come to find out only dimly understood. An appeal of this book is it’s clear examples … More after the Jump…

Awesome Quote:

What do you call it when someone steals someone else’s money secretly? Theft. What do you call it when someone takes someone else’s money openly by force? Robbery. What do you call it when a politician takes someone else’s money in taxes and gives it to someone who is more likely to vote for him? Social Justice.

Thomas Sowell – 27 Dec 2011 – Jewish World Review