The principles of the economy. Classical leadership. Thomas Sowell

This book is for those who want to figure out how the economy works, but does not want to plunge into professional vocabulary and equations. The author of the bestseller Thomas Sowell explains the general principles that underlie various economic systems: capitalist, socialist, feudal and so on. In an accessible language, he shows how to criticize the economic policy in terms of incentives that it creates, and not the goals that it proclaims. With clear explanations of the entire region, from the control of rent and the rise and fall of the business to the international payment balance, this book No. 1 for everyone who wants to understand how the economy is functioning.

inside you will find an explanation of the basic economic principles in an accessible language as well as examples from different countries and eras.