Tom -
I haven't gotten around to reading any hardcore economic books. That I prefer in small doses, like Richebacher letters or articles on the Web such as Gerard Jackson. Once, I peeked into a Schumpeter book at a library, and immediately got a splitting heacdache. -g- Some day I'll get up the courage. Next up for me are some biographies, starting with Buffett, and then maybe Getty, Morgan, Rockefeller, and the Warburgs.
I just finished a softcore economic book you might like. No equations, charts or graphs, just common sense.
amazon.com
Basic Economics: A Citizen's Guide to the Economy
by Thomas Sowell
Hardcover - 432 pages (December 26, 2000)
Basic Books; ISBN: 046508138X ; Dimensions (in inches): 1.17 x 9.59 x 6.58
Amazon.com Sales Rank: 70
Popular in: Laguna Hills, CA (#4)
Please order it quick as it fell from 69 to 70 in sales rank in the last 10 minutes. -g-
"Book Description
From one of America's best-known economists, the one book anyone who wants to understand the economy needs to read.
At last there is a citizen's guide to the economy, written by an economist who uses plain English. No jargon, no graphs, no equations. Yet this is a comprehensive survey, covering everything from rent control and the rise and fall of businesses to the international balance of payments.
The purpose of Basic Economics is to enable people without any economic training to understand the way the economy functions-not only the American economy, but other economies around the world.
Some of the clearest demonstrations of the role of prices, for example, come from economies in which prices are not allowed to function-with consequences which show just what those functions are and what happens when they are lacking.
In the end, this is not a book from which to cram facts, but one from which to gain an understanding of the economy that will enable you to form your own conclusions on the basis of tested principles, rather than on the basis of emotion or rhetoric. That is the goal of the journey, but you should also enjoy the trip along the way. "
Regards, Don |
