Basic Economics (2000) offers a clear and accessible introduction to economic principles, making it ideal for those without prior knowledge of the subject. The book avoids technical jargon, instead explaining key concepts through straightforward language and real-world examples. These concepts are the underlying foundations of any economic system, whether capitalist, socialist, feudal, or otherwise.
Thomas Sowell is a renowned American economist, author, and social commentator. He serves as a Senior Fellow at the Hoover Institution, Stanford University. He emerged as a leading figure in the American conservative movement, recognized as a prominent Black conservative voice. With over 45 books to his name, including the best-selling Basic Economics, Sowell has spent more than half a century contributing to both popular and scholarly discourse. His work spans topics such as economics, politics, education, and race. He has been recognized with the National Humanities Medal.