Common Sense Economics

December 17, 2009

I’d like to thank James Gwartney, Richard L. Stroup, and Dwight R. Lee for getting together and writing Common Sense Economics: What Everyone Should Know About Wealth and Prosperity. Economics is not all that complicated, but it can seem that way. This book is not loaded with terminology and formulas for the reader to get lost in. Everything is kept simple so that you can easily follow along.

This book looks at situations both big and small (macroeconomics and microeconomics). The authors lay down some fundamentals of economics, identify sources of economic progress and the role of government, and even give some tips on how you can improve your personal economy starting today. Nothing in this book is truly revolutionary or groundbreaking. As the title suggest, it’s just good ol’ common sense.

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