To understand economics is to understand the practical case for freedom. The great merit of this book is to bring out the connection in the clearest and shortest possible way.
The Concise Guide To Economics is a handy, quick reference guide for those already familiar with basic economics, and a brief, compelling primer for everyone else. Jim Cox introduces topics ranging from entrepreneurship, money, and inflation to the consequences of price controls to price gouging.
If it were read alongside the daily newspaper, it would undermind most all the fallacies that appear nearly every day.
Along the way, he defends the crucial role of advertising, speculators, and heroic insider traders.
Thus does the book combines straightforward, common sense analysis with hard-core dedication to principle, using the fewest words possible to explain the topic clearly. And each brief chapter includes references to further reading so those who are curious to dig deeper will know where to look next.
The Concise Guide makes a great gift to those who have never thought about the workings of economic logic, and thereby misunderstand the case for free-market capitalism.
From the Introduction by Llewellyn H. Rockwell, Jr.:
“The beauty of Cox’s book comes from both its clear exposition and its brevity. He offers only a few paragraphs on each topic but that is enough for people see both error and truth. Sometimes just mapping out the logic beyond the gut reaction is enough to highlight an economic truth. He does this for nearly all the topics that confront us daily.
“Many people only have a moment. That’s why the guide is essential. It is probably the shortest and soundest guide to economic logic in print. May it be burned into the consciousness of every citizen now and in the future.”
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Wow, what a gem. I’m definitely ordering a copy of this for my semi-socialist mother. A good woman, but thinks too much with her heart and too little with her head.
http://www.conciseguidetoeconomics.com/
A book that clearly begs to be available in searchable PDF, a la Ariel Rubinstein’s lectures.
This will make a nice present for any person who is not a capitalist, because the only thing keeping people from embracing capitalism is ignorance in regards to economics. Education turned Ronald Reagan into a pro liberty(capitalist) guy and this book sounds like it will do the same for many people.
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