Perseus Academic: Applied Economics by Thomas Sowell

Featured in…

• Title Postcard:
  Applied Economics

The application of economics to major contemporary real world problems—housing, medical care, discrimination, the economic development of nations—is the theme of this important book that tackles these and other issues head-on in plain language, as distinguished from the usual jargon of economists. Thomas Sowell 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. This revised edition includes new topics and comprehensive revisions while retaining the easy readability of the first edition, even for people with no prior knowledge of economics. With an added chapter on the economics of immigration and the updating of other chapters on such topics as the “creative” financing of home-buying that led to the “subprime” mortgage crisis and the economics of organ transplants, the second edition of Applied Economics is a vital tool for understanding the economy.

Thomas Sowell has taught economics at Cornell, UCLA, Amherst and other academic institutions, and his Basic Economics has been translated into six languages. He is currently a scholar in residence at the Hoover Institution, Stanford University. He has published in both academic journals in such popular media as the Wall Street Journal, Forbes magazine and Fortune, and writes a syndicated column that appears in newspapers across the country.