The Way of Thinking in Economics·practical Application
by J
About This Novel
Why does the Rent Control Act fail to effectively limit rents? Is medical insurance the main culprit for the decline in the quality of medical services? Why do policies aimed at gender equality intensify gender discrimination? A careful examination of reality will reveal that the actual effects of many decisions often run counter to their original intentions. What affects the quality of decisions, and what can economics do about it? Economics is not just numbers, charts and formulas in books, it is real life that is inseparable from politics, society and psychology. When we go to work, pay taxes, buy a house, invest, save, or see a doctor, we should all become economists. In this book, Thomas Sowell will lead readers to re-examine social issues closely related to personal life such as housing, medical care, employment, immigration, discrimination, etc. From an economic perspective, peeling off the cocoons and revealing the economic logic behind decision-making errors. After reading this book, you will learn to think like an economist, get rid of the shackles of short-term thinking, and have the ability to propose unique insights of both height and depth when facing new problems.
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