Common Sense Economics: What Everyone Should Know About Wealth and Prosperity (Google eBook)

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Macmillan, Aug 3, 2010 - Business & Economics - 240 pages
30 Reviews

"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, with reflections on the recent recession and the policy response to it, illuminates our world and what might be done to make it better.

  

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Review: Common Sense Economics: What Everyone Should Know About Wealth and Prosperity

User Review  - Chris Thompson - Goodreads

This little treasure should be mandatory reading for all Americans who desire a return to prosperity for our great country. If you apply what you'll learn reading this book, you'll make better decisions for the rest of your life. Read full review

Review: Common Sense Economics: What Everyone Should Know About Wealth and Prosperity

User Review  - Goodreads

This little treasure should be mandatory reading for all Americans who desire a return to prosperity for our great country. If you apply what you'll learn reading this book, you'll make better decisions for the rest of your life. Read full review

Contents

Seven Major Sources of Economic Progress
41
Economic Progress and the Role of Government
91
Twelve Key Elements of Practical Personal Finance
145
Acknowledgments
191
Notes
193
Glossary
203
List of Supplemental Units
213
Suggested Additional Readings
215
Index
217
About the Authors
225
Copyright

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About the author (2010)

James Gwartney holds the Gus A. Stavros Eminent Scholar Chair at Florida State University and is the director of the Stavros Center for the Advancement of Free Enterprise and Economic Education.


Richard Stroup is the author of Eco-Nomics and an adjunct professor of economics at North Carolina State University.


Dwight Lee is coauthor of Getting Rich in America and holds the William J. O'Neil Chair of Global Markets and Freedom at Southern Methodist University.


Tawni Hunt Ferrarini is the Sam M. Cohodas Professor of Economics and the Director of the Center for Economic Education and Entrepreneurship at Northern Michigan University.

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