{"id":25723,"date":"2011-05-19T05:30:06","date_gmt":"2011-05-19T05:30:06","guid":{"rendered":""},"modified":"2020-02-07T10:16:57","modified_gmt":"2020-02-07T15:16:57","slug":"thomas_sowell_s_basic_economics","status":"publish","type":"post","link":"https:\/\/admin.rushlimbaugh.com\/daily\/2011\/05\/19\/thomas_sowell_s_basic_economics\/","title":{"rendered":"Thomas Sowell\u2019s &#8220;Basic Economics&#8221;"},"content":{"rendered":"<section>RUSH: I got a great e-mail after yesterday\u2019s brilliant monologue performed by me on the free market that exists in gasoline and oil. It\u2019s Robert Davis. &#8216;Dear Rush: Listening to your caller yesterday who claimed that there is no free market in the oil industry reminded me once again how many economic ignoramuses there are in this world. I found myself wishing that you would challenge the caller to a homework assignment. Ask him to study chapter two of Thomas Sowell\u2019s book &#8216;Basic Economics: A Citizens Guide to the Economy,\u2019 then call back to discuss it.\u2019 And I was remiss in not suggesting that. I, among many people, are constantly moaning and wailing about the inept economic education that\u2019s taught in this country at various levels. And, folks, if you want to go out and have an experience of true learning and education, that will light you up, that so many things that seem mysterious and dark will become clear, they are so simple, this is the absolute best book that you could read to find out about basic economics. It is called that, &#8216;Basic Economics: A Citizens Guide to the Economy.\u2019 It\u2019s written in real language. It\u2019s not written in the ecospeak that these economists and financial people use to keep you from knowing what they\u2019re talking about. There is nothing about basis points in here or any of that kind of &#8212; this is right &#8212; I can\u2019t recommend this stronger. Thomas Sowell, &#8216;Basic Economics: A Citizens Guide to the Economy.\u2019 I have my copyright over there. If I would have had it in front of me, I would not have been remiss.<\/p>\n<p>END TRANSCRIPT<\/p>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>RUSH: I got a great e-mail after yesterday\u2019s brilliant monologue performed by me on the free market that exists in gasoline and oil. It\u2019s Robert Davis. &#8216;Dear Rush: Listening to your caller yesterday who claimed that there is no free market in the oil industry reminded me once again how many economic ignoramuses there are [&hellip;]<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","ngg_post_thumbnail":0},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Thomas Sowell&#039;s &quot;Basic Economics&quot; - The Rush Limbaugh Show<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rushlimbaugh.com\/daily\/2011\/05\/19\/thomas_sowell_s_basic_economics\/\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:title\" content=\"Thomas Sowell&#039;s &quot;Basic Economics&quot; - The Rush Limbaugh Show\" \/>\n<meta name=\"twitter:description\" content=\"RUSH: I got a great e-mail after yesterday\u2019s brilliant monologue performed by me on the free market that exists in gasoline and oil. 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It\u2019s Robert Davis. &#8216;Dear Rush: Listening to your caller yesterday who claimed that there is no free market in the oil industry reminded me once again how many economic ignoramuses there are [&hellip;]","twitter_misc":{"Written by":"admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebSite","@id":"https:\/\/admin.rushlimbaugh.com\/#website","url":"https:\/\/admin.rushlimbaugh.com\/","name":"The Rush Limbaugh Show","description":"Excellence In Broadcasting","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/admin.rushlimbaugh.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.rushlimbaugh.com\/daily\/2011\/05\/19\/thomas_sowell_s_basic_economics\/#webpage","url":"https:\/\/www.rushlimbaugh.com\/daily\/2011\/05\/19\/thomas_sowell_s_basic_economics\/","name":"Thomas Sowell's \"Basic Economics\" - The Rush Limbaugh Show","isPartOf":{"@id":"https:\/\/admin.rushlimbaugh.com\/#website"},"datePublished":"2011-05-19T05:30:06+00:00","dateModified":"2020-02-07T15:16:57+00:00","author":{"@id":"https:\/\/admin.rushlimbaugh.com\/#\/schema\/person\/911066e449df26406b107ca78cbbde0b"},"breadcrumb":{"@id":"https:\/\/www.rushlimbaugh.com\/daily\/2011\/05\/19\/thomas_sowell_s_basic_economics\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.rushlimbaugh.com\/daily\/2011\/05\/19\/thomas_sowell_s_basic_economics\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.rushlimbaugh.com\/daily\/2011\/05\/19\/thomas_sowell_s_basic_economics\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.rushlimbaugh.com\/"},{"@type":"ListItem","position":2,"name":"Thomas Sowell\u2019s &#8220;Basic Economics&#8221;"}]},{"@type":"Person","@id":"https:\/\/admin.rushlimbaugh.com\/#\/schema\/person\/911066e449df26406b107ca78cbbde0b","name":"admin","image":{"@type":"ImageObject","@id":"https:\/\/admin.rushlimbaugh.com\/#personlogo","inLanguage":"en-US","url":"https:\/\/secure.gravatar.com\/avatar\/f18195e0073013fa0e16b040686c2924?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/f18195e0073013fa0e16b040686c2924?s=96&d=mm&r=g","caption":"admin"},"url":"https:\/\/admin.rushlimbaugh.com\/daily\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/admin.rushlimbaugh.com\/api\/wp\/v2\/posts\/25723"}],"collection":[{"href":"https:\/\/admin.rushlimbaugh.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/admin.rushlimbaugh.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/admin.rushlimbaugh.com\/api\/wp\/v2\/users\/25"}],"replies":[{"embeddable":true,"href":"https:\/\/admin.rushlimbaugh.com\/api\/wp\/v2\/comments?post=25723"}],"version-history":[{"count":2,"href":"https:\/\/admin.rushlimbaugh.com\/api\/wp\/v2\/posts\/25723\/revisions"}],"predecessor-version":[{"id":336097,"href":"https:\/\/admin.rushlimbaugh.com\/api\/wp\/v2\/posts\/25723\/revisions\/336097"}],"wp:attachment":[{"href":"https:\/\/admin.rushlimbaugh.com\/api\/wp\/v2\/media?parent=25723"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/admin.rushlimbaugh.com\/api\/wp\/v2\/categories?post=25723"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/admin.rushlimbaugh.com\/api\/wp\/v2\/tags?post=25723"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}