Economics for Real People By Gene Callahan


Economics for Real People is a perfect introduction to sound economics.

Writing with the the non-economist in mind, 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.

Economics isn’t a science reserved for professors sitting in the ivory tower. It arms every individual with the ideas needed to understand their day to day lives. If society is to progress, and people’s lives improved, they must know the basic ideas of the science of human action.

Good economics isn’t enough to turn nations rich, but bad economics is a guarantee of eventual poverty. Callahan wants to make sure we don’t fall into the trap of believing in bad economics.

This may be the most important book of its kind since Hazlitt’s Economics in One Lesson. Though written for the beginner, scholars including Israel Kirzner, Walter Block, and Peter Boettke have praised the contributions of this work.

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  • Jeffrey Tucker

    Economics for Real People

    Economics for Real People Gene Callahan wrote this book in real time — as he discovered Austrian economics. Gene has since moved on but the book still holds up. Kick off the discussion! Questions, comments, observations or elaborations? Either reply here or create a new discussion using the tag Library_economics-for-real-people

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