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In this fifth edition of Basic Economics, Thomas Sowell revises and updates his popular book on commonsense economics, bringing the world into clearer focus through a basic understanding of the fundamental economic principles and how they explain our lives. Drawing on lively examples from around the world and from centuries of history, Sowell explains basic economic principles for the general public in plain English.

Thomas Sowell has a different idea about how economics should be taught. With this groundbreaking introduction to economics, Sowell has thrown out the graphs, statistics, and jargon. Learning economics, he believes, should be relaxing - and even enjoyable. In this edition, Basic Economics has been revised and expanded to address the new concerns of the 21st century. It's focus has become more international, including the range of economic problems faced by foreign countries around the world.

Here is the gritty, powerful story of Thomas Sowell's life-long education in the school of hard knocks, a journey that took him from Harlem to the Marines, the Ivy League, and a career as a controversial writer, teacher, and economist in government and private industry. It is also the story of the dramatically changing times in which this personal odyssey took place.

These selections from the many writings of Thomas Sowell over a period of half a century cover social, economic, cultural, legal, educational, and political issues. The sources range from Dr. Sowell’s letters, books, newspaper columns, and articles in both scholarly journals and popular magazines. The topics range from latetalking children to tax cuts for the rich, baseball, race, war, the role of judges, medical care, and the rhetoric of politicians.

In Wealth, Poverty, and Politics, Thomas Sowell, one of the foremost conservative public intellectuals in the country, argues that political and ideological struggles have led to dangerous confusion about income inequality in America. Pundits and politically motivated economists trumpet ambiguous statistics and sensational theories while ignoring the true determinant of income inequality: the production of wealth.

This book is geared to the average citizen with little or no economics background who would like the tools to think critically about economic issues. Many of today's economic issues are obscured by their inherent complexity and the often confusing and conflicting views coming from political talking heads. Sowell, a leading conservative economist and senior fellow at the Hoover Institution, seeks to alleviate this confusion.

The quest for social justice is a powerful crusade of our time, with an appeal to many different people, for many different reasons. But those who use the same words do not always present the same meanings. Clarifying those meanings is the first step toward finding out what we agree on and...

Applied Economics is an accessible guide to how our economic decisions develop. It explains the application of economics to major world problems, including housing, medical care, discrimination, and the economic development of nations. The book is based on an international view of economics, includes examples from around the world, and shows how certain incentives and constraints produce similar outcomes among disparate peoples and cultures.

These wide-ranging essays - on many individual political, economic, cultural, and legal issues - have as a recurring, underlying theme the decline of the values and institutions that have sustained and advanced American society for more than two centuries. This decline has been more than erosion. It has, in many cases, been a deliberate dismantling of American values and institutions by people convinced that their superior wisdom and virtue must override both the traditions of the country and the will of the people.

Intellectuals and Race is a radical book in the original sense - one that goes to the root of the problem. The role of intellectuals in racial strife is explored in an international context that puts the American experience in a wholly new light. The book explores the incentives, the visions, and the rationales that drive intellectuals at the highest levels to conclusions that have often turned out to be counterproductive and even disastrous, not only for particular racial or ethnic groups but for societies as a whole.

This book is about the great moral issues underlying many of the headline-making political controversies of our times. It is not a comforting book but a book about disturbing and dangerous trends. The Quest for Cosmic Justice shows how confused conceptions of justice end up promoting injustice, how confused conceptions of equality end up promoting inequality, and how the tyranny of social visions prevents many people from confronting the actual consequences of their own beliefs and policies.

Basic Economics has been written with the thought that learning economics should be not only a relaxed experience but also an enjoyable one.

This explosive new audiobook challenges many of the long-held assumptions about blacks, about Jews, about Germans and Nazis, about slavery, and about education. Plainly written, powerfully reasoned, and backed with a startling array of documented facts, Black Rednecks and White Liberals takes on the trendy intellectuals of our times as well as historic interpreters of American life.

The Vision of the Anointed is a devastating critique of the mindset behind the failed social policies of the past thirty years. Thomas Sowell sees what has happened not as a series of isolated mistakes, but as a logical consequence of a vision whose defects have led to disasters in education, crime, family disintegration, and other social pathology. In this book, "politically correct" theory is repeatedly confronted with facts-and sharp contradictions between the two are explained in terms of a whole set of self-congratulatory assumptions held by political and intellectual elites.

An enlarged edition of Thomas Sowell's brilliant examination of the origins of economic disparities Economic and other outcomes differ vastly among individuals, groups, and nations. Many explanations have been offered for the differences. Some believe that those with less fortunate outcomes are...

This reissue of Thomas Sowell’s classic study of decision making, which includes a preface by the author, updates his seminal work in the context of The Vision of the Anointed. Sowell, one of America’s most celebrated public intellectuals, describes in concrete detail how knowledge is shared and disseminated throughout modern society. He warns that society suffers from an ever-widening gap between firsthand knowledge and decision making—a gap that threatens not only our economic and political efficiency but our very freedom.

This is a study of how intellectuals as a class affect modern societies by shaping the climate of opinion in which official policies develop, on issues ranging from economics to law to war and peace.

Economic Facts and Fallacies is designed for people who want to understand economic issues without getting bogged down in economic jargon, graphs, or political rhetoric. Writing in a lively manner that does not require any prior knowledge of economics, Thomas Sowell exposes some of the most popular fallacies about economic issues, including many that are widely disseminated in the media and by politicians.

The fourth edition of Basic Economics is both expanded and updated. A new chapter on the history of economics itself has been added, and the implications of that history examined. Among other additions throughout the book, a new section on the special role of corporations in the economy has been added to the chapter on government and big business.

Most commentators look at the issue of immigration from the viewpoint of immediate politics. In doing so, they focus on only a piece of the issue and lose touch with the larger picture. Now Thomas Sowell offers a sweeping historical and global look at a large number of migrations over a long period of time. Migrations and Cultures shows the persistence of cultural traits in particular racial and ethnic groups.