To be well informed, the average citizen doesn’t have to digest thick, heavy economics textbooks which are full of calculus. That’s the good news. Here’s the better news: there are some superb explanations of economics in very readable books, with little or no math. Here are some of the best I’ve found.
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These two books by Thomas Sowell, studied in order, form a superb introduction to economics and economic policy. Sowell is a master at explaining things without delving into difficult math — or much math at all, really. These are the first two books I recommend for any citizen who wants to understand economics sufficiently to comprehend current issues and to help a nation to remain free. They are surprisingly pleasant reading.
- Thomas Sowell, Basic Economics: A Common Sense Guide to the Economy (previously subtitled A Citizen’s Guide to the Economy).
- Thomas Sowell, Applied Economics: Thinking Beyond Stage One
Others have recommended this introductory work; it’s in my pile of books to read:
I highly recommend this classic explanation of capitalism — that is, economic freedom:
Further suggestions are welcome, as are your thoughts on these books.