Common Sense Economics: What Everyone Should Know About Wealth and Prosperity
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(as of Oct 20, 2025 17:47:49 UTC – Details)
With the global economy recovering from a steep recession, and with that recovery challenging our long-held ideas 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 key points and theories, using them to show how any reader can make wiser personal choices and form more informed positions on policy.
Now in its third edition, this fully updated classic from James D. Gwartney, Richard L. Stroup, Dwight R. Lee, and Tawni H. Ferrarini reflects on the recession and the progress that’s been made since the crash; 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.
ASIN : B01E6OCPAS
Publisher : St. Martin’s Press
Accessibility : Learn more
Publication date : March 14, 2025
Edition : Second Edition, Revised, Updated
Language : English
File size : 4.0 MB
Screen Reader : Supported
Enhanced typesetting : Enabled
X-Ray : Enabled
Word Wise : Enabled
Print length : 313 pages
ISBN-13 : 978-1250106957
Page Flip : Enabled
Best Sellers Rank: #43,627 in Kindle Store (See Top 100 in Kindle Store) #10 in Economic Policy & Development (Kindle Store) #12 in Economic Policy #17 in Economic Policy & Development (Books)
Customer Reviews: 4.5 4.5 out of 5 stars 359 ratings var dpAcrHasRegisteredArcLinkClickAction; P.when(‘A’, ‘ready’).execute(function(A) { if (dpAcrHasRegisteredArcLinkClickAction !== true) { dpAcrHasRegisteredArcLinkClickAction = true; A.declarative( ‘acrLink-click-metrics’, ‘click’, { “allowLinkDefault”: true }, function (event) { if (window.ue) { ue.count(“acrLinkClickCount”, (ue.count(“acrLinkClickCount”) || 0) + 1); } } ); } }); P.when(‘A’, ‘cf’).execute(function(A) { A.declarative(‘acrStarsLink-click-metrics’, ‘click’, { “allowLinkDefault” : true }, function(event){ if(window.ue) { ue.count(“acrStarsLinkWithPopoverClickCount”, (ue.count(“acrStarsLinkWithPopoverClickCount”) || 0) + 1); } }); });
Customers say
Customers find the book informative and easy to understand, with one review noting its use of real-life examples to explain concepts. Moreover, the book serves as a great introduction to economics, with one customer highlighting how economic principles affect our lives. Additionally, they appreciate its readability, considering it a must-read for college students, and find it worth the purchase price.
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