Thomas Sowell
Hardcover | Pages: 352 pages Rating: 4.14 | 1733 Users | 144 Reviews
Specify Based On Books Applied Economics: Thinking Beyond Stage One
| Title | : | Applied Economics: Thinking Beyond Stage One |
| Author | : | Thomas Sowell |
| Book Format | : | Hardcover |
| Book Edition | : | Anniversary Edition |
| Pages | : | Pages: 352 pages |
| Published | : | December 9th 2008 by Basic Books (first published November 12th 2003) |
| Categories | : | Economics. Nonfiction. Politics. Business |
Narrative As Books Applied Economics: Thinking Beyond Stage One
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.Identify Books Concering Applied Economics: Thinking Beyond Stage One
| Original Title: | Applied Economics: Thinking Beyond Stage One |
| ISBN: | 0465003451 (ISBN13: 9780465003457) |
| Edition Language: | English |
Rating Based On Books Applied Economics: Thinking Beyond Stage One
Ratings: 4.14 From 1733 Users | 144 ReviewsColumn Based On Books Applied Economics: Thinking Beyond Stage One
The good thing about this book is that after the first few chapters, you can start from any chapter and follow/understand the application of a particular economic principle. The bad thing about this book is that for anyone who is familiar with economics, most of these principles have been nailed into their brains over the course of time. If you like these kind of books, I would recommend Freakonomics instead of this book!This book was a joy to listen to, as I had the chance to do so during my recent trip to California with a couple of friends/relatives. A large part of what made the book a joy was the way that the author thoughtfully examined various subjects of political interest in a way that allowed his insights to easily supplement that of the reader or listener (as the case may be) in their own conversations on political matters. Additionally, the book as a whole is full of the sound reasoning and
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 ideas. However, in this particular book, it was just that - the simplicity - that bothered me.The whole premise of the book is that we should "think beyond stage one" and consider long-term effects of policies and practices. Sowell describes the (usually unintended) negative effects of certain
I read a decent range of material I think and ive taken economics classes in college and I enjoy reading about economics, but I hated this book. Sowell is a white man who can't see past his own privilege, who pulls bunk out of his ass thinly veiled as economics to explain away problems that clearly exist for reasons beyond just that. His explanations are overly simplistic as he cycles through three reasons for every theme he addresses. Slogging through this book it felt like all those puss bags
I think this is a great book, and I think it was probably even better when it was written. BUT it has not aged well because of its very premise (which is ultimately that one needs to think about powerfdul distant effects as well as weak immediate effects) has weakened the case studies. This isn't surprising, given that the book is like 15 years old now, but it does point out that economists, like anyone else, really don't have a clue as to what the future holds. Sowell's basic argument: when
Must read for anybody interested in economics or social sciences - economics of politics, race, migration, global economics etc.
Stowell makes some very good points, even in arguing some positions that I do not agree with. generally his economic takes are sound but in many cases he fails to propose a system that would work better, or explore solutions to the issues he presents that do not require a fundamental paradigm shift but rather a small tweak to align incentives. His chapter on emigration starts out rational enough, but the chapter devolves a bit into a less rational decrying of immigrants.
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