Basic Economics by Thomas Sowell
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Web ID: 15418928Will Change Your Life
Don't be fooled by the title - yes, this book is about basic economics. But as you come to understand those basics, you will gain real insight into so much more about how the world around you works - from minimum wage, to rent control, to labor in third world countries, to pay disparity, to how statistics almost always lack the context needed to draw appropriate inferences, and more. Sowell’s writing is clean and straightforward, and will hook you from the very first chapter. The book examines many common ideas that "sound good" in light of the real outcomes of those ideas, using actual examples from across the globe and throughout time. By understanding how things ACTUALLY work and why, you will be a better citizen, equipped to good in the world – not just think you are. Despite how relevant these principles are to the lives and livelihoods of everyone, after you read this book, you may understand why there is no push from the powers-at-be to make this a requirement (or even an option) in high school. One of the most important books you will ever read.
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