Helpful Score: 1
Book Description
For 50 years, the standard-bearer for elementary economics courses, this revision is a clear and modern introduction to economic principles. Bill Nordhaus is now the primary author of this classic text.
Book Info
Author's goal is to survey economics. In doing so, they emphasize the basic economic principle that will endure beyond today's headlines. Textbook. DLC: Economics.
A little Keynes is most welcome these days, December 25, 2003
Reviewer: A reader
While other reviewers have justly criticized Samuelson for being model-bound (as most economists are) and dragging the Phillips Curve out of its grave, this remains a fine introduction to basic economic concepts, including the notion that some kinds of wealth are subjective and not quantifiable. Most of the reviewers a-froth over Samuelson name other fine econ primers -- Hazlitt's, Friedman's, etc. -- but the reader should note that their bias is to call democratic socialism imprisonment, and taxes theft. Frankly, I'd recommend reading both sides, and then reading essayists like Galbraith and his conservative counterparts for some descriptive reality, which is in short supply in most econ textbooks.
For 50 years, the standard-bearer for elementary economics courses, this revision is a clear and modern introduction to economic principles. Bill Nordhaus is now the primary author of this classic text.
Book Info
Author's goal is to survey economics. In doing so, they emphasize the basic economic principle that will endure beyond today's headlines. Textbook. DLC: Economics.
A little Keynes is most welcome these days, December 25, 2003
Reviewer: A reader
While other reviewers have justly criticized Samuelson for being model-bound (as most economists are) and dragging the Phillips Curve out of its grave, this remains a fine introduction to basic economic concepts, including the notion that some kinds of wealth are subjective and not quantifiable. Most of the reviewers a-froth over Samuelson name other fine econ primers -- Hazlitt's, Friedman's, etc. -- but the reader should note that their bias is to call democratic socialism imprisonment, and taxes theft. Frankly, I'd recommend reading both sides, and then reading essayists like Galbraith and his conservative counterparts for some descriptive reality, which is in short supply in most econ textbooks.
