Essentials of Economics a brief survey of principles and policies [Faustino Ballve] on *FREE* shipping on qualifying offers. Here is a book that. Anshupriya said: Essentials of Economics is a delightful read. In fact, I Faustino Ballve, though an Austrian economist himself, doesn’t limit himself to AE itself. Essentials of Economics: A Brief Survey of Principles and Policies. Front Cover. Faustino Ballvé. Foundation for Economic Education, – Economics –

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Goodreads helps you keep track of books you want to read. Want to Read saving…. Want to Read Currently Reading Economcs. Refresh and try raustino. Open Preview See a Problem? Thanks for telling us about the problem. Return to Book Page. Perhaps the best brief primer on economics ever penned, Ballve’s little classic explains such basics as what economics is — and is not — all about, the role of the entrepreneur, the factors of production, money and credit, international trade, monopoly and unemployment, socialism and interventionism — all from an “Austrian School” perspective, and all in pages!

Published first published January 1st To see what your friends thought of this book, please sign up. To ask fautsino readers questions about Essentials Of Economicsplease sign up. Be the first to ask a question about Essentials Of Economics. Lists with This Book. May 09, Anshupriya Goswamy rated it it was amazing Shelves: Essentials of Economics is a delightful read.

In fact, I will go on to say that it is one of the best books of economics that I have fwustino come across. The book traces the faustinoo of various schools of economics. For example, he talks about how Aristotle had clearly differentiated between value in use and value in exchange of any commodity, a d Essentials of Economics is a delightful read.

For example, he talks about how Aristotle had clearly differentiated between value in use and essenttials in exchange of any commodity, a distinction that is credited to Adam Smith twenty two centuries later.

Another illustration is his criticism of Communist Manifesto, authored by Marx and Engels in which they talk about an increasingly international economy with goods from far away lands finding place in ordinary households.

This phenomena, Ballve correctly points out, was not as new as Engels and Marx would have us believe, as he proves by outlining evidences of international trade and trade routes since times immemorial.

The book is such a delightful read because of the way it econo,ics written. Each of these chapters builds on the previous ones, without confusing the reader by heaping in too many concepts at once. Each question and each topic is viewed through the lens of ecoonmics schools of economics and what earlier economists have had to say about them.


The reader is therefore not left with an impression of having heard a tirade of AE in oblivion to all other theories, but a systematic appraisal of theories that are popular, their strengths and weaknesses, and what they may lead to if implemented.

Overall, a simple, wonderful treatise though Ballve would himself not approve of his work being called a treatise because of the way other so called treatises in vogue approach economics. The style is very concise, and I recommend it as a good first contact with the ever-prevalent economic issues of modern societies, from an Austrian School perspective.

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The summarized approach of the book succeeds in avoiding its being outfashioned. However, that also means it lacks the subtlety that a reader well versed in economics would like to encounter. That’s perhaps the best feature of the book although not one of its main focuses. This was specially noticed economicz the chapter on International Trade and every time gaustino author delved for a while in the history of ideas.

If this is the only book a reader would pick on economics, then he would finish the ninety or so pages with the right impression, and mostly the right answers. The book avoids the technical jargon, and the mathematical sophistry of mainstream textbooks, and gives a clear focus on: These features are seldom emphasised ecoonomics most textbooks and here they get the space they deserve.

The influence of LvMises on the author is clear. I get the impression that this book would only be effective with people already sharing the author’s ideological tendencies.

Quotes from “Essentials of Economics” by Faustino Ballve, part 1 – Brett Crudgington –

For readers unpersuaded by the market economy, this book could end up doing more harm than good View all 9 essfntials. Good intro to basic economics.

Oct 15, Bent Andreassen rated it really liked it. A short and quite brilliant introduction to basic economic theory. Highly recommended as an introduction.

Essentials of Economics – Faustino Ballvé – Google Books

A great introduction to economics. The book has 10 chapters. Each chapter deals with an economic concept. The chapters are short and not too technical. What I liked most about the book was that each chapter is an essay that does not require previous knowledge.


Feb 21, Emily Domitrovic hamburg rated it really liked it. Great primer on economics. You can download it for free from FEE. While, like Economics in One Lesson: That said, it’s short enough to get everything across in just under a balve pages. As the lay-person, I found this book an incredibly good read.

Essentials Of Economics: A Brief Survey Of Principles And Policies

I intend to go back to it now and again because within it’s pages are the fundamentals of the Austrian School. If we learn these principles, there will never be a time that we are prisoners to the likes of pseudo-intellectuals such as Paul Krugman.

He is the Rasputin of our time. If you haven’t read this book, put it on your list to do Ecpnomics Jul 31, John Boettcher rated it it was amazing.

A great introduction to the Austrian School of Economics. Although there may be a few other better written books on the subject, this one does the topic justice in its treatment. You will get what you pay for with this book.

This is such an easy to understand book on basic economics. John rated it really liked it Aug ecoonmics, Einherjer89 rated it it was amazing Oct 08, Tyler Newton rated it liked it Dec 05, Patrick rated it liked it Jul 12, Chris rated it really liked it Jan 11, Stoyan Stoitsev rated it it was amazing Dec 02, Ray Still rated it liked it Nov 19, Peter rated econo,ics really liked it Dec 26, Donna Anoskey rated it liked it Dec 30, Jay rated it really liked it Aug 30, Travis rated it really liked it Feb 25, Jack Christenson rated it really liked it Apr 27, Lutger rated it it was amazing Oct 25, Todd Hartle rated it really liked it Apr 04, Marko rated it really liked it Jul 29, Rani Geha rated it really liked it Jan 24, Rob Williams rated it really liked it Dec 15, There are no discussion topics on this book yet.

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