Description
Basic Economics: A Common Sense Guide to the Economy (Fifth Edition) by Thomas Sowell is one of the most widely read introductions to economics ever written. Sowell strips away the jargon, graphs, and equations that make economics intimidating and explains how economies actually work using clear language and real-world examples that anyone can follow.
This fifth edition covers essential economic concepts including supply and demand, price controls, the role of profits and losses, international trade, monetary policy, housing markets, and the economics of discrimination. It also features a newly added chapter on international wealth disparities (Chapter 23), exploring why some nations prosper while others remain trapped in poverty — a topic with deep relevance across Africa.
Sowell draws on examples from countries and economies around the world, making this book especially valuable for readers in Kenya and East Africa who want to understand the economic forces shaping their daily lives — from inflation and taxation to trade policy and government regulation. Whether you’re a university student studying economics or business, an entrepreneur making financial decisions, or a curious reader who wants to understand how the economy affects everything from the price of unga to the strength of the shilling, this book delivers clarity.
A timeless resource that belongs on every thinking person’s bookshelf.
Get your PDF copy instantly from Cliffmatt Books at just Ksh 100 — delivered via WhatsApp or email after M-Pesa payment.
Reviews
There are no reviews yet.