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by brickmort 2142 days ago
I've read six Thomas Sowell books in the past few years. His book Basic Economics is a classic, but my favorite of his is Applied Economics: Thinking Beyond Stage One. It covers the things that the former does but, as the title suggests, applies it to a real-life scenario. He then walks through the scenario as it plays out to demonstrate his point to the reader. For example, when a city artificially lowers the rent, it makes apartments more affordable, but what happens afterwards? he would then play the scenario out as it affects tenants, landlords, and the rental market. I highly recommend it!
2 comments

I like the book 'Economics in one lesson' by Henry Hazlitt which does something similar.
IMO this book should be required required reading for college students.
Does he talk about job creation? I'm curious because, as much as people talk about job creation, it doesn't seem to be part of most economics curricula.