Applied Economics

Applied Economics
Author :
Publisher : Basic Books
Total Pages : 352
Release :
ISBN-10 : 9780786722709
ISBN-13 : 0786722703
Rating : 4/5 (703 Downloads)

Book Synopsis Applied Economics by : Thomas Sowell

Download or read book Applied Economics written by Thomas Sowell and published by Basic Books. This book was released on 2008-12-09 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: The application of economics to major contemporary real world problems -- housing, medical care, discrimination, the economic development of nations -- is the theme of this new book that tackles these and other issues head on in plain language, as distinguished from the usual jargon of economists. It examines economic policies not simply in terms of their immediate effects but also in terms of their later repercussions, which are often very different and longer lasting. The interplay of politics with economics is another theme of Applied Economics, whose examples are drawn from experiences around the world, showing how similar incentives and constraints tend to produce similar outcomes among very disparate peoples and cultures.


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Applied economics is both an art and a science. It requires a sound knowledge of economic theory, statistical techniques and data sources, together with an appr