ON-Lion Letter

In the new fifth edition of his Basic Economics:  A Common Sense Guide to the Economy, Bradley Prize recipient Thomas Sowell revises and updates his popular book, bringing the world into clearer focus through a basic understanding of the fundamental economic principles and how they explain our lives.  Drawing on lively examples from around the world and from centuries of history, Sowell explains basic economic principles for the general public in plain English.

Sowell is the Rose and Milton Friedman Senior Fellow in Public Policy at the Hoover Institution, projects of which are substantially supported by The Lynde and Harry Bradley Foundation in Milwaukee.

Basic Economics, which has now been translated into six languages and has additional material online, remains true to its core principle -- that the fundamental facts and principles of economics do not require jargon, graphs, or equations, and can be learned in a relaxed and even enjoyable way.

In a December episode of Hoover's online show Uncommon Knowledge, Peter Robinson interviews Sowell about the book.

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