Title
Common Sense Economics: What Everyone Should Know About Wealth and Prosperity,New
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The authors of this book, James Gwartney, Richard Stroup,Dwight Lee, Tawni Ferrarini, and Joseph Calhoun, are all lifelong economic educators who know how to use the tools of economics to illuminate why both individuals and nations prosper and how they can be more successful.The book is concise, thoughtfully organized, and readerfriendly. Whether the economy is growing, stagnating, or declining,there are basic economic principles that are always operating, such as gains from trade, opportunity cost, ability of prices to communicate information, the importance of diversification, the power of incentives and how they create fundamental differences in market and political decisions.Common Sense Economics is written to provide comprehensive and understandable explanations of key principles that will help everyone make better personal and policy choices. Already a classic, the third edition is fully updated and more relevant than ever for a world starved for sound economics.
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- Q: What is the main focus of 'Common Sense Economics'? A: 'Common Sense Economics' focuses on fundamental economic principles that explain how individuals and nations can prosper. The authors aim to make these concepts understandable and applicable to personal and policy decisions.
- Q: Who are the authors of this book? A: The book is authored by James Gwartney, Richard Stroup, Dwight Lee, Tawni Ferrarini, and Joseph Calhoun, all of whom have extensive backgrounds in economic education.
- Q: What is the publication date of the third edition? A: The third edition of 'Common Sense Economics' was published on June 14, 2016.
- Q: How many pages does 'Common Sense Economics' have? A: 'Common Sense Economics' contains a total of 272 pages.
- Q: What type of binding does this book have? A: 'Common Sense Economics' is available in hardcover binding, which provides durability and a premium feel.
- Q: Is this book suitable for beginners in economics? A: Yes, 'Common Sense Economics' is designed to be reader-friendly and accessible, making it suitable for beginners as well as those with more advanced knowledge of economics.
- Q: What are some key economic principles covered in the book? A: The book covers essential economic principles such as gains from trade, opportunity cost, the role of prices in communicating information, diversification, and the impact of incentives.
- Q: Is 'Common Sense Economics' relevant for current economic conditions? A: Yes, the third edition is fully updated and addresses contemporary economic issues, making it relevant for today's economic landscape.
- Q: Can this book help with personal finance decisions? A: Absolutely, the principles outlined in 'Common Sense Economics' can assist readers in making informed personal finance and policy choices.
- Q: What is the item condition of this book? A: 'Common Sense Economics' is sold in new condition, ensuring that you receive a pristine copy.