Economics for Real People: An Introduction to the Austrian School
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Economics for Real People: An Introduction to the Austrian School
This is the second edition of the fun and fascinating guide to the main ideas of the Austrian School of economics: Economics for Real People, written in sparkling prose especially for the non-economist. Gene Callahan shows that good economics isn't about government planning or statistical models. It's about human beings and the choices they make in the real world.
This may be the most important book of its kind since Hazlitt's Economics in One Lesson. Though written for the beginner, it has been justly praised by scholars too, including Israel Kirzner, Walter Block, and Peter Boettke.
Israel M. Kirzner (New York University): "Even a cursory examination of this book is sufficient to impress the reader that we have here a remarkably well-written exposition for the layman of the highlights of Austrian Economics."
Peter J. Boettke (George Mason University): "Written in a jargon-less and engaging style, Callahan's work provides the most comprehensive introduction to modern Austrian economics currently available to the intelligent layman."
Walter Block (Loyola University, New Orleans): "I don't toss around compliments like this lightly, but the passion, eloquence and sheer witty writing style of this author is also reminiscent of Rothbard. I plan to use it in all of my future intro courses."
Barron's calls Economics for Real People "a terrific new book on economic theory." "If I were teaching an introductory course in economics," writes Gene Epstein (December 2, 2002), "I'd assign Gene Callahan's Economics for Real People: An Introduction to the Austrian School. I also commend it to folks in search of a good read on the joys of economic insight."
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