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Economics for Dummies

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  • Economics for Dummies

    This is one area that I really don't know very much about, and I've come to the realization that before I venture any further into Tooze I should probably get a basic book on economics just to help me understand, well, the basics.

    I foolishly did not take the course on economics my high school had to offer, and now I tend to get a bit lost when trying to discuss the more complex aspects of economics.

    So, any recommendations on a book for dummies about economics?
    A wild liberal appears! Conservative uses logical reasoning and empirical evidence! It's super effective! Wild liberal faints.

  • #2
    Basic Economics by Thomas Sowell is my recommendation.

    Economics in one lesson by Henry Hazelitt is an oldie but is an quick and easy read for a first timer.
    If the art of war were nothing but the art of avoiding risks,glory would become the prey of mediocre minds. Napoleon

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    • #3
      Originally posted by Legate View Post
      Basic Economics by Thomas Sowell is my recommendation.


      I agree about Hazlitt and Sowell, especially Thomas Sowell.

      Might I also suggest

      The Economic Way of Thinking, by Paul Heyne

      and

      The Undercover Economist by Tim Harford

      All three of these are good introductions to the way economists look at things that aren't mathy or overly technical. They are solid introductions to Economics for every day people. I would rank them in the order listed but suggest that all three could be had for little money used. Or get Hazlitt on audio CD and listen while you drive
      Last edited by Miss Saigon; 31 Jul 11, 22:40.

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      • #4
        I flunked economics twice in college. Then I went back in 1994 and was blessed to have a great professor, Dr Kurth. I made two A's in his classes. The teacher really makes a difference.

        Try googling Barnes and Noble or Amazon for the title "Economics for Dummies", and I bet you find something.

        Pruitt
        Pruitt, you are truly an expert! Kelt06

        Have you been struck by the jawbone of an ASS lately?

        by Khepesh "This is the logic of Pruitt"

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        • #5
          Anything by Thomas Sowell, and he does a great job of mixing history with economics so you get a real understanding of the very human aspect of economics.

          Also, The Road to Serfdom by Frederic Hayek.

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          • #6
            Thanks for the recommendations everyone! The consensus seems to be that Sowell will be my best bet, so I'll try and find his book.
            A wild liberal appears! Conservative uses logical reasoning and empirical evidence! It's super effective! Wild liberal faints.

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            • #7
              Make sure you get one for Obama while you're at it...
              Task Force Regenbogen- Support and Paras

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              • #8
                Originally posted by Destroyer25 View Post
                Thanks for the recommendations everyone! The consensus seems to be that Sowell will be my best bet, so I'll try and find his book.
                I do most of my book shopping at Amazon marketplace. Usually I save a bunch of money this way.

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                • #9
                  If you want to stock up on Sowell I recommend "White Liberals and Black Rednecks," as well as "Conquest and Cultures," and any of his other stuff.

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                  • #10
                    Originally posted by Dashy View Post
                    Make sure you get one for Obama while you're at it...
                    He wouldn't touch it as he knows best..
                    If the art of war were nothing but the art of avoiding risks,glory would become the prey of mediocre minds. Napoleon

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                    • #11
                      I might get Basic Economics by Thomas Sowell myself since I could use an education in economics. I took a class in Economics in college to and barely passed. The professor was a horrible boring teacher and it took all of my strength to stay awake in his class.
                      “When you're in jail, a good friend will be trying to bail you out. A best friend will be in the cell next to you saying, 'Damn, that was fun'.”
                      ― Groucho Marx

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                      • #12
                        Originally posted by Mr Mac View Post
                        If you want to stock up on Sowell I recommend "White Liberals and Black Rednecks," as well as "Conquest and Cultures," and any of his other stuff.
                        Agreed. His stuff is very good. I have read several of them and have more waiting.

                        Originally posted by Checkertail20 View Post
                        I might get Basic Economics by Thomas Sowell myself since I could use an education in economics. I took a class in Economics in college to and barely passed. The professor was a horrible boring teacher and it took all of my strength to stay awake in his class.
                        The teacher makes all the difference in the world. When I first took microeconomics I struggled with it and and came away not understanding anything I was supposed to have been taught even though I got an A in it. Later I took Macroeconomics from an outstanding professor who really sparked my interest. I then went back and retook Micro with a better professor and then went on to take every econ course I could get. It is all about the right teacher.

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                        • #13
                          Originally posted by Dashy View Post
                          Make sure you get one for Obama while you're at it...
                          To be fair I think most politicians in America, or even most politicians in the world could benefit from reading it. Singling out Obama as the problem for America's problems is rather stupid. He may have made some bad decisions but he didn't create the mess.
                          A wild liberal appears! Conservative uses logical reasoning and empirical evidence! It's super effective! Wild liberal faints.

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                          • #14
                            Originally posted by Destroyer25 View Post
                            To be fair I think most politicians in America, or even most politicians in the world could benefit from reading it. Singling out Obama as the problem for America's problems is rather stupid. He may have made some bad decisions but he didn't create the mess.
                            He just helps exacerbate the mess.
                            If the art of war were nothing but the art of avoiding risks,glory would become the prey of mediocre minds. Napoleon

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                            • #15
                              Originally posted by Legate View Post
                              He just helps exacerbate the mess.
                              Well that's true, he hasn't done much to make things better.

                              Trying to implement Socialist policies in a country with people that don't understand them and a government with no money to fund them isn't a great idea. Not much sense in trying to set up a safety net when the sh has already hit the fan.
                              A wild liberal appears! Conservative uses logical reasoning and empirical evidence! It's super effective! Wild liberal faints.

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