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Title details for Common Sense Economics by James D. Gwartney - Available

Common Sense Economics

What Everyone Should Know About Wealth and Prosperity

by James D. Gwartney
Jane Shaw Stroup
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The fully revised and updated fourth edition of the classic Common Sense Economics.

As the global economy recovers from the COVID-19 pandemic and debates over the future of work challenge our long-held preconceptions about what careers and the market can be, learning the basics of economics has never been more essential. Principles such as gains from trade, the role of profit and loss, and the secondary effects of government spending, taxes, and borrowing risk continue to be critically important to the way America's economy functions, and critically important to understand for those hoping to further their professional lives—even their personal lives. Common Sense Economics discusses these key points and theories and more, using them to show how any reader can make wiser personal choices and form more informed positions on policy.
Now in its fourth edition, this classic from James D. Gwartney, Dwight R. Lee, Tawni Hunt Ferrarini , Joseph P. Calhoun, and Jane Shaw Stroup has been fully updated to include commentary on the effects of the pandemic on the global economy and the workplace; it offers insight into political processes and the many ways in which economics informs policy, illuminating our world and what might be done to make it better.

  • Creators

  • Publisher

  • Release date

    July 16, 2024

  • Formats

    • OverDrive Read

      • ISBN: 9781250292612

    • EPUB ebook

      • ISBN: 9781250292612
      • File size: 3023 KB

  • Languages

    • English

  • Reviews

    • Library Journal

      Starred review from March 1, 2024

      Veteran economists Gwartney (emeritus, Florida State Univ.), Dwight R. Lee (Ball State Univ.), Tawni Hunt Ferrarini (Lindenwood Univ.), Joseph P. Calhoun (Florida State Univ.), and Jane Shaw Stroup (James G. Martin Ctr. for Academic Renewal) update their classic text on economics. This edition discusses the effects of the COVID pandemic on the global economy and the workplace, provides insights into the recent rise in inflation, and explains how knowledge of economics can improve personal lives. The authors also include ideas they received from some of the thousands of students who have taken their economics classes over the years. The main sections cover seven significant sources of progress, 10 critical components of the economics of government, and 12 key elements of practical personal finance. VERDICT This reader-friendly work concisely explains vital economic principles. The section on personal finance should be required reading for everyone. The superb electronic supplemental material package can be used to structure any introduction to economics course, and this work nicely supplements the fifth edition of Thomas Sowell's Basic Economics. Highly recommended for public libraries and all high school and university economics instructors.--Dale Farris

      Copyright 2024 Library Journal, LLC Used with permission.

Formats

  • OverDrive Read
  • EPUB ebook

subjects

Languages

  • English

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