Common Sense Economics: What Everyone Should Know About Wealth and… (edition 2005)

by James D. Gwartney, Richard L. Stroup, Dwight R. Lee, Tawni Hunt Ferrarini

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Member:	wineisme
Title:	Common Sense Economics: What Everyone Should Know About Wealth and Prosperity
Authors:	James D. Gwartney
Other authors:	Richard L. Stroup, Dwight R. Lee, Tawni Hunt Ferrarini
Info:	St. Martin's Press (2005), Edition: First Edition, Hardcover, 208 pages
Collections:	Your library, Currently reading
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Common Sense Economics: What Everyone Should Know About Wealth and Prosperity by James Gwartney

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The information presented is concise and to the point. It's an excellent primer on basic economic principles for the person needing a solid introduction to the field. (

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PopeLinus | Aug 9, 2009 |

THE best book for an introduction to economics. Gwartney's bang on here. Apply these rules, and you'll be rich. Ignore them, be poor. (

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horacewimsey | Jan 15, 2009 |

Quick read to learn about macro econ 101. Has good summary sections and a part about personal finance.

See summary here: http://www.wikisummaries.org/Common_Sense_Economics (

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davekong | Mar 12, 2008 |

This is a good book to pick up if the world of economics baffles you, but not really something anyone who has taken an intro econ course needs. (

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janeycanuck | Apr 21, 2007 |

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Dedicated to our spouses, Amy Gwartney, Jane Shaw Stroup, and Cindy Crane-Lee

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In a free-market economy such as the United States, our individual choices largely determine the course of our lives.

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There ain't no such thing as a free lunch

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Amazon.com Product Description (ISBN 031233818X, Hardcover)

* Do taxes help more than they hurt?
* What effect does redistributing wealth have on our economy---and those who participate in its redistribution?
* What is the role of government?
* How does an economy work?

James Gwartney, Richard L. Stroup, and Dwight R. Lee are three of the most prominent economists today, and in Common Sense Economics they show us why economic understanding is an essential ingredient for life in today's society, a key element that empowers those who possess it to better take charge of their own lives and their own responsibilities to their society. In clear, powerful language free of any hint of jargon or obscurity, they illuminate the basic principles of supply and demand, private ownership, trade, and more. In a world where free trade, taxes, and government spending are issues everyone needs to understand, Common Sense Economics is a lucid, simple explanation of how and why our economy and our world work the way they do, and how and why individuals and nations prosper.

(retrieved from Amazon Thu, 14 Apr 2011 08:50:22 -0400)

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Poised to become an enduring classic, this book is an intelligent and easy-to-read look at the basics of national and individual economics--information every citizen must know.

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