Reviews for Classical economics

The average rating for Classical economics based on 2 reviews is 3 stars.

Review # 1 was written on 2016-09-28 00:00:00 David Borci This is a great help for understanding the basics of economics. My children have been reading it to me as we drive places and it is explained clearly enough that they are understanding it but also in-depth enough that my understanding is being positively impacted. Most importantly, it teaches a principle we Americans must come to understand and accept if we ever hope to stop the downward spiral of our economy: there is no such thing as a free lunch! The government can't give us anything that he doesn't first take away--and when we get it back, it has decreased in quantity and quality. The author's assertion is worthy of our consideration: "[F:]ew voters will face the fact that the real meaning of the cry, 'I want! I want!' is 'Tax me! Tax me!' "In an election, it is important to be aware of The Lie. The Lie is, I will give you what you want, and I will make someone else pay for it. The candidate who can tell The Lie most convincingly wins the election. "In other words, at bottom, inflation is an ethics problem. The only way to stop the spread of inflation is to start the spread of ethics." (p. 41)

Review # 2 was written on 2016-10-22 00:00:00 Eric Brause It was all about economics, which personally I'm not that great at. But I enjoyed the book.