Applied Economics: Thinking Beyond Stage One

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Basic Books, Dec 9, 2008 - Business & Economics - 352 pages
This revised edition of Applied Economics is about fifty percent larger than the first edition. It now includes a chapter on the economics of immigration and new sections of other chapters on such topics as the “creative” financing of home-buying that led to the current “subprime” mortgage crisis, the economics of organ transplants, and the political and economic incentives that lead to money earmarked for highways being diverted to mass transit and to a general neglect of infrastructure. On these and other topics, its examples are drawn from around the world. Much material in the first edition has been updated and supplemented. The revised and enlarged edition of Applied Economics retains the easy readability of the first edition, even for people with no prior knowledge of economics.

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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


Title Page
Free and Unfree Labor
The Economics of Medical Care
The Economics of Housing
Risky Business
The Economics of Immigration
The Economics of Discrimination
The Economic Development of Nations

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About the author (2008)

Thomas Sowell has taught economics at Cornell, UCLA, Amherst and other academic institutions, and his Basic Economics has been translated into six languages. He is currently a scholar in residence at the Hoover Institution, Stanford University. He has published in both academic journals in such popular media as the Wall Street Journal, Forbes magazine and Fortune, and writes a syndicated column that appears in newspapers across the country.

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