Common Sense Economics: What Everyone Should Know About Wealth and Prosperity [James D. Gwartney, Richard L. Stroup, Dwight R. Lee, Tawni Hunt. James Gwartney, Richard Stroup, Dwight Lee, Tawni Ferrarini, and Joseph wealth, and how to make sound economic choices and financial decisions. This Common Sense Economics website, its accompanying textbook and its course by James D. Gwartney, Richard L. Stroup, Dwight R. Lee, Tawni Hunt.
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Goodreads helps you keep track of books you want to read. Want to Read saving…. Want to Read Currently Reading Read. Refresh and try again. Open Preview See a Problem? Thanks for telling us about the problem. Return to Book Page. James Gwartney, Richard L. Stroup, and Dwight R. Lee are three of the most prominent economists today, and in “Common Sense Economics” they show us why economic understanding is an essential ingredient for life in today’s society, a key element that empowers those who possess it to better take charge of their own lives and their own responsibilities to their society.
In clear, powerful language free of any hint of jargon or obscurity, they illuminate the basic principles of supply and demand, private ownership, trade, and more.
About Common Sense Economics
In a world where free trade, taxes, and government spending are issues everyone needs to understand, “Common Sense Economics” is a lucid, simple explanation of how and why our economy and our world work the way they do, and how and why individuals and nations prosper.
Hardcoverpages. Published February 1st by St. Martin’s Press first published To see what your friends thought of this book, please economic up.
To ask other readers questions about Common Sense Economicsplease sign up. Where can I listen to the book as audio any good websites I should use. See 1 question about Common Sense Economics…. Lists with This Book. This book is not yet featured on Listopia. Feb 22, Jeffrey rated it really liked it Shelves: I’ve read several books on economics outside of college Econ.
Here’s the author to let you in on a secret: As a result, we are easily misled by leaders who tell us of their good intentions–their passion to solve our problems. Our democracy puts voters in charge of cho I’ve read several books on economics outside of college Econ. Our democracy puts voters in charge of choosing our policy makers, so the consequences of economic illiteracy can be disastrous. The author tells us that if we want to avoid disaster and want this country to be economically prosperous, read on.
There’s a micro to the macro. The author also states that by reading we will be able to make better decisions regarding our “consumption, savings, investments, career alternatives, and many other dimensions of personal decision making. I bring this up because this book is now being read by many in school and college, and they are learning more about economics than from most the ‘text books’ they are assigned. The majority of kids can’t even master their behavior nor do they have the necessary attitudes to achieve in the work force or the needed success principles amongst other things to not only survive but thrive.
So our focus is on material that most don’t want or will ever use in their careers? And our ‘education’ predominantly omits how to build a businesses when this country is founded in entrepreneurship; even its founders were some of the most effect entrepreneurs this country has ever knows Ben Franklin rich by age 40 via selling his printing franchise to have more time for inventing and statesmanship–fortunately for us.
Our kids don’t even know how to do research or how to think independently, creatively, intuitively, never mind know the first thing about economics that will help them make informed decisions that will hopefully keep this country out of the crapper.
Finally, this book will help them with their individual finances, which is essential when I see the majority of college kids cluelessly racking up debt in loans and credit cards to a future of indentured servitude. Gwartney, we certainly do need this book. Nov 02, Daniel rated it did not like it. Had to read this for an economics course, probably the worst book I ever read. It reads more like political talking points filled with meaningless drivel filled with bumper sticker slogans.
May 04, Eclnomics Kumar rated it liked it. This economics book explains the classic laissez-faire theory. However, it does not do a good job in explaining the deficiencies and problems in this approach.
Common Sense Economics: What Everyone Should Know about Wealth and Prosperity
Jan 10, Mike Thoennes rated it it was amazing. This is one of those books that should be on every persons book shelf, dog-eared gwarteny underlined.
I learned more economic principle in the pages of this book than the pages of a well known author’s book that I simply could not finish. I needed straight talk not high theory.
This book is practical and effectively covers what you need to know about the core economic principles of free markets; how economic ecoonomics function, the economic role of government, and personal principles of prosperi This is one of those books that should be on every persons book shelf, dog-eared and underlined.
Efonomics book is practical and effectively covers what you need to know about the core economic principles of free markets; how economic forces function, the economic role of government, and personal principles of prosperity. It still is written by economist’s with an intent to inform and educate, but read this ecinomics then watch the world stage in a newly informed perspective. In fact, read it twice!
Aug 29, Jeremy Gardiner rated it it was amazing. Wow, what an incredible book. It’s the best I’ve read on economics to date.
The book is broken up into four sections: It was hard to find anything I disagreed with.
The authors teach a “free-market” economic system. Feb 22, Chan Loch yeen rated it really liked it. A book definitely for everyone, easily understood, with the least number of complicated jargon. It introduces basic rules of how the economy works at lay man term I would say. I like this book because it doesn’t just explain what is economics. It also relates us, individually to the economy. I believe this is what makes the book lively and interactive to me.
Last but not least, I love the true purpose of this book. Its aim ecnomics not to make you a economical genius, but to tackle a common problem fa A book definitely for everyone, easily understood, with the least number of complicated jargon. Its aim is not to make you a gwarney genius, but to tackle a common problem faced in most of the developing countries and the third world, economical illiteracy.
Trust me, it’s a book that will stimulate you to take action in your finance management. Oct 06, Glenn rated it really liked it. This is an excellent introduction to basic economic principles. As the authors point out, we live in a nation of economic illiterates, and given the current political and economic environment, clear thinking about economics has never been more important.
This book introduces the key ideas and issues and presents a clear explanation of what works and what doesn’t in the real world.
About Common Sense Economics | Common Sense Economics
While not everyone will agree with all the specifics, I know of no book that better introduces the concepts and pres This is an excellent introduction to basic economic principles.
While not everyone will agree with all the specifics, I know of no book that better introduces the concepts and presents a better, more accessible argument about sound economics.
Jan 21, Cavalier rated it it was amazing Shelves: A top-notch primer on economic theory and application. Well-organized and easy to understand, the book covers basic theory, macroeconomic application proposals, and microeconomic i.
The only criticism I have is the authors’ sanguine view of central banking and the policy of money supply management. This comes from my recently started the study of Austrian Economic Theory.
Aug 03, Colin Bruce Anthes rated it did not like it.
One star for clarity: According to the cover, this economlcs piece of fiction is being used to indoctrinate high schoolers. An astonishing work of sophistry top to bottom. I read this as a text-book for an entry level economics course. I thought it was engaging, informative, and easy to read. Jun 26, Dwarakanath Reddy rated it it was amazing. Written in simple language. Book is really nice to understand the functioning of the economy. Everyday economy This book teaches you about the structure of economy and would a recommendation for anyone.
This book also gives you a platform to build yourself on. Aug 04, William Rhoden rated it it was amazing. It was a good conservative view of economics. Jul 31, Peter Marshall rated it it was amazing. Good introductory commoon about economics and how it can apply to everyday life. Good refresher on the basics gwzrtney this day and age of economics with an agenda.
Feb 23, Fiona Xacur rated it liked gwartnney. Mar 26, Matthew rated it really liked it Recommends it for: Every Citizen of the US. Another selection from the Federalist Society’s Pre-Law Reading List, this book essentially confirmed a lot of my biases towards free market economics. It was a great introduction to the basic economic principles and also explained things that I didn’t understand like monetary policy and capital markets.