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From renowned historian Niall Ferguson, a searching and provocative examination of the widespread institutional rot that threatens our collective future What causes rich countries to lose their way? Symptoms of decline are all around us today: slowing growth,…
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The present is a contest between the bright and dark sides of discovery. To avoid being torn apart by its stresses, we need to recognize the fact-and gain courage and wisdom from the past. Age of Discovery shows how. Now is the best moment in history to be alive,…
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The main driver of inequality––returns on capital that exceed the rate of economic growth––is again threatening to generate extreme discontent and undermine democratic values. Thomas Piketty’s findings in this ambitious, original,…

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In the century after the Civil War, an economic revolution improved the American standard of living in ways previously unimaginable. Electric lighting, indoor plumbing, motor vehicles, air travel, and television transformed households and workplaces. But has that…

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The bestselling author of The Death of Money and Currency Wars reveals the global elites' dark effort to hide a coming catastrophe from investors in The Road to Ruin , now a National Bestseller.   A drumbeat is sounding among the global elites. The signs of…
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World-renowned economist Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, explains that we have an opportunity to shape the fourth industrial revolu­tion, which will fundamentally alter how we live and work. Schwab argues that this…
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A searching and provocative examination of the widespread institutional rot that threatens our collective future What causes rich countries to lose their way? Symptoms of decline are all around us today: slowing growth, crushing debts, increasing inequality,…
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From one of the world's most highly regarded social scientists comes a seminal book on forecasting that shows, for the first time, how we can all get better at making predictions. In Superforecasting , Tetlock and co-author Dan Gardner offer a masterwork on…
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Here is a bracing deconstruction of the framework for understanding the world that is learned as gospel in Economics 101, regardless of its imaginary assumptions and misleading half-truths. Economism: an ideology that distorts the valid principles and tools of…

Basic Economics

by Thomas Sowell

|December 2, 2014

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In this fifth edition of Basic Economics , Thomas Sowell revises and updates his popular book on common sense economics, bringing the world into clearer focus through a basic understanding of the fundamental economic principles and how they explain our lives.…
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The Wealth of Nations by Adam Smith It is symbolic that Adam Smith’s masterpiece of economic analysis, The Wealth of Nations , was first published in 1776, the same year as the Declaration of Independence. In his book, Smith fervently extolled the simple…