Applied Economics: Thinking
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| Originally published | 2003 |
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| Authors | Thomas Sowell |
| Date of Reg. | |
| Date of Upd. | |
| ID | 1280694 |
About Applied Economics: Thinking
Applied Economics: Thinking Beyond Stage One is a 2003 nonfiction work by economist Thomas Sowell. Sowell discusses how basic economics is generally misapplied because politicians think only in Stage One. Stage One is the immediate result of an action, without determining what happens then.