Essentials of Economics-A Brief Survey of Principles and Policies by
Faustino Ballvé
It covers ten essential lessons:
- What is Economics About?
- The Market
- The role of the Entrepreneur
- Capital, Labor, and Wages
- Money and Credit
- Monopoly, Crises, and Unemployment
- International Trade
- Nationalism and Socialism
- The Controlled Economy
- What Economics Is Not About
He combines history, theory, and clear exposition to present what might be called an orthodox Austrian view of the way the world works. It has no footnotes, a deliberate choice of the author to stay within the objective of the book, namely to educate the intelligent laymen in economic theory. It is also free of data that might have quickly become dated. The result is a dream in so many ways: a stable, balanced, and nicely proportioned introduction to economic theory for everyone.