Applied Economics: Thinking Beyond Stage One

Front Cover
Basic Books, 2004 - Business & Economics - 246 pages
7 Reviews
The application of economics to major contemporary real world problems--housing, medical care, discrimination, the economic development of nations--is the theme of this new book that tackles these and other issues head on in plain language, as distinguished from the usual jargon of economists. It examines economic policies not simply in terms of their immediate effects but also in terms of their later repercussions, which are often very different and longer lasting. The interplay of politics with economics is another theme of Applied Economics, whose examples are drawn from experiences around the world, showing how similar incentives and constraints tend to produce similar outcomes among very disparate peoples and cultures.
 

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LibraryThing Review

User Review  - KirkLowery - LibraryThing

Sowell addresses the economic issues being discussed today, e.g., health care, immigration, discrimination, housing and more. He points out that political discussions of economic issues is very ... Read full review

Most Relevant Book of Our Time!

User Review  - dolphin 48 - Borders

This book is undoubtedly the most practical and relevant book relating to how our politicians can destroy our country without us even realizing it! The negative impacts of NOT thinking beyond stage ... Read full review

Contents

Politics versus Economics
1
Free and Unfree Labor
31
The Economics of Medical Care
69
The Economics of Housing
97
Risky Business
129
The Economics of Discrimination
161
The Economic Development of Nations
193
Sources
222
Index
39
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About the author (2004)

Thomas Sowellhas taught economics at a number of colleges and universities, including Cornell, University of California Los Angeles, and Amherst. He has published both scholarly and popular articles and books on economics, and is currently a scholar in residence at the Hoover Institution, Stanford University.

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