Applied Economics: Thinking Beyond Stage One

Applied Economics: Thinking Beyond Stage One

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.

Title:Applied Economics: Thinking Beyond Stage One
Edition Language:English
ISBN:9780465081431
Format Type:

    Applied Economics: Thinking Beyond Stage One Reviews

  • Carla

    I remember reading several articles/essays/excerpts from Thomas Sowell in undergrad. He has the great ability of making economics accessible though his clear writing style and simple presentation of i...

  • Brenton

    The title would have you believe this would be a more thorough-going followup to Sowell's fantastic "Basic Economics", with a greater emphasis on practical, real-world problems and proffered solutions...

  • Mark Geise

    “Applied Economics: Thinking Beyond Stage One” is another great work by Thomas Sowell. This book is more of a summation of other, more detailed books of Sowell’s. Rather than being about one par...

  • Lucas

    After chapter upon chapter telling of the counter-productiveness of government intervention in markets, the immigration section is entirely out of place. Apparently there's nothing wrong with heavy re...

  • Michael

    Thomas Sowell's "Applied Economics" ought to be required reading in every high school and college economics, politics, and English courses. While Mr. Sowell is Ph.D economist and fellow at the Hoover ...

  • Suzie Quint

    I know people think economics is a boring topic, and it can be. So can anything if it's not well presented. But one of the reasons I'm an economics junkie is that, when it's presented well, it's also ...

  • Kiara

    Great book! Sowell has a unique way of simplifying complex economic concept. The section where he compares Social Security to a pyramid or Ponzi scheme was eye-opening. From insurance rates to agricul...

  • Toe

    Reinforces the idea that working hard in America leads to success. Like it or not, those who are poor or fail almost certainly made a series of wrong choices throughout their lives. There is simply to...

  • Michael Palkowski

    Sowell's points are ludicrously grounded and clear, which is perfect for not only a parsimonious read but also in understanding dense economic theory in context. His treatment of the housing bubble is...

  • Cary

    While this purports to be a follow-on to the author's Basic Economics: A Citizen's Guide to the Economy, it felt more like a re-hashing of the supporting from that earlier volume.That's not necessaril...