Unfortunately, these books lack some of the basic foundational lessons and connections necessary to understand the discipline with depth and clarity.
The result of this methodology: little learning, much frustration, and harmful results.Other books such as Henry Hazlitt's Economics on One Lesson and Thomas Sowell's Basic Economics are notable exceptions for their ability to express economic principles and applications in easy to understand words. The typical textbook approach has been a fragmented, technical, and overly assuming mess. The result is an uninformed populace that is easily fooled and ruled by emotional rhetoric and political sleight of hand causing unnecessary pain and suffering.While the basic principles and theories of economics remain constant, building an effective scope, sequence, and formulation for teaching "the dismal science" has been elusive. Unfortunately, economics is a subject that has been for the most part ignored or glossed over by our education system.
In short, getting economics right is a matter of life and death. If understood and implemented correctly, the economy impacts the standard of living for all members of a society. Simply Economics is the proven way to learn and apply economics with success.Economics is a fundamental institution of civilization.
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