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1、BASICECONOMICSACitizen'sGuidetotheEconomyREVISEDANDEXPANDEDEDITIONTHOMASSOWELLBasicBooksAMemberofthePerseusBooksGroupNewYorkCopyright@2004byThomasSowellPublishedbyBasicBooks,AMemberofthePerseusBooksGroupAllrightsreserved.PrintedintheUnitedStatesofAmerica.Nopartofthisbookmaybereproducedinanymanner
2、whatsoeverwithoutwrittenpermissionexceptinthecaseofbriefquotationsembodiedincriticalarticlesandreviews.Forinformation,addressBasicBooks,387ParkAvenueSouth,NewYork,NY10016-8810.BookspublishedbyBasicBooksareavailableatspecialdiscountsforbulkpurchasesintheUnitedStatesbycorporations,institutions,ando
3、therorganizations.Formoreinformation,pleasecontacttheSpecialMarketsDepartmentatthePerseusBooksGroup,11CambridgeCenter,CambridgeMA02142,orcall(617)252-5298,(800)255-1514ore-mail.mccrary@perseusbooks.com.Sowell,Thomas,1930Basiceconomics:acitizensguidetotheeconomy/ThomasSowell.Rev.andexpandeded.p.em
4、.Includesbibliographicalreferencesandindex.ISBN0-465-08145-2(talk.paper)1.Economics.I.Title.HB171.S7132003O-dc212003013778040506/10987654321Afewlinesofreasoningcanchangethewayweseetheworld.StevenE.LansburgCONTENTSPreface1WhatisEconomics?PARTI:PRICESANDMARKETS2TheRoleofPrices3PriceControls4AnOverv
5、iewPARTII:INDUSTRYANDCOMMERCE5TheRiseandFallofBusinesses6TheRoleofProfits-andLosses7BigBusinessandGovernment8AnOverviewPARTIII:WORKANDPAY9ProductivityandPay10ControlledLaborMarkets11AnOverviewPARTIV:TIMEANDRISK12InvestmentandSpeculation13RisksandInsurance14AnOverviewPARTV:THENATIONALECONOMY15Nati
6、onalOutput16MoneyandtheBankingSystem17TheRoleofGovernment18AnOverviewPARTVI:THEINTERNATIONALECONOMY19InternationalTrade20InternationalTransfersofWealth21AnOverviewPARTVII:SPECIALECONOMICISSUES22"Non-Economic"Values23MythsAboutMarkets24PartingThoughtsQuestionsSourcesPREFACEThisistherevisedandenlar
7、gededitionofanintroductiontoeconomicsforthegeneralpublic.Inadditiontobeingupdated,BasicEconomicshasalsobecomemoreinternationalizedbyincludinginformationfrommorecountriesaroundtheworld,becausethebasicprinciplesofeconomi
