Applied Economics (Second Edition): Thinking Beyond Stage One: Revised and Enlarged

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9781433291319: Applied Economics (Second Edition): Thinking Beyond Stage One: Revised and Enlarged
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Applied Economics is an accessible guide to how our economic decisions develop. It explains the application of economics to major world problems, including housing, medical care, discrimination, and the economic development of nations, illustrating with examples from around the world. This new, expanded edition has been updated to address economic questions that are particularly relevant to our times, with chapters on the economics of immigration, the economics of organ transplants, the creative financing of home buying that led to the current mortgage crisis, 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. The book retains its easy readability, even for people with no prior knowledge of economics.

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About the Author:

THOMAS SOWELL graduated magna cum laude with a B.A. degree in economics from Harvard University, received an M.A. in economics from Columbia University, and a doctorate in economics from the University of Chicago. He has taught economics at Howard University, Cornel, Brandeis, and UCLA. Since 1980 he has been a Senior Fellow of the Hoover Institution at Stanford University, where he holds a fellowship named after Rose and Milton Friedman. He is also the author of several books, including Basic Economics and his recent Economic Facts and Fallacies.

Review:

Applied Economics...is simply the must-have field guide to our economic landscape. --Jonah Goldberg, Los Angeles Times columnist

Applied Economics is full of...good sense and serves as an excellent defense against the counterproductive promises of political candidates. --Wall Street Journal

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