Common Sense Economics

Author: James D. Gwartney... [et al.]
Editor:

With the global economy recovering from a steep recession, those who fail to grasp basic economic principles such as gains from trade, the role of profit and loss, and the secondary effects of government spending, taxes, and borrowing risk falling behind in their professional careers—even their personal lives. Common Sense Economics discusses key principles and uses them to show how to make wise personal and policy choices.

This new edition of a classic, with reflections on the recent recession and the policy response to it, illuminates our world and what might be done to make it better.

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