On Line Reviews by Mike Ramey


“If economics is the study of the use of scarce resources which have alternative uses, then it follows that there will always be unmet needs.”

--Thomas Sowell

Basic Economics—Fifth Edition


     With portions of America still reeling from a major economic slowdown brought on by the pandemic, this is a good a time as any to concentrate on some ‘mental re-tooling’ in the form of preparation for a society on the other side of this pestilence.  Nevertheless, no matter what society may look like, there WILL be a need for the understanding of the basic economic principles that have made many successful in the school room, the boardroom, and the home.


     “Basic Economics: A Common Sense Guide To The Economy—Fifth Edition” by veteran economist, professor and syndicated columnist Thomas Sowell is a book that will do wonders in bringing one’s economic understanding to a respectable level (2015, 689 pages, Fifth edition, Basic Books).  This work is especially handy in the home school environment as it provides those extra ‘wisdom nuggets’ of basic information and questions to challenge and entertain students as they grasp a firm understanding of what makes an economy work.


“Seldom do people think things through foolishly.  More often, they do not bother to think things through at all, so that even highly intelligent individuals can reach untenable conclusions because their brainpower means little if it is not deployed and applied.”


--Thomas Sowell

Basic Economics—Fifth Edition


     Sowell’s work is composed of seven sections, which contain a total of twenty-seven chapters.  Sections include: “The National Economy”, Special Economic Issues” and “Work and Pay”.  The ‘bonus’ section comes in the question section of the book.  It contains 100 questions on a variety of economic topics covered in the work, with page numbers as to where the answers may be found. 


     The reader AND the teacher should be warned that the questions and answers may surprise you.


     “Basic Economics: A Common Sense Guide To The Economy—Fifth Edition” by Thomas Sowell is available from your favorite bookstore or electronic book seller.  It is a worthy investment for the young, or the young-at-heart.


     Mike Ramey is a Minister, syndicated columnist, book reviewer and consultant.  “On Line Reviews” is one of a variety of regular column titles which Ramey has in cyberspace from Barnstorm Communications International.  If you care to drop him a line, or a whine, feel free to reach him at manhoodline@yahoo.com. ©2021 Barnstorm Communications International.

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Ramey is married and resides in Indianapolis, Indiana. He is a Christian, an Ordained Minister and KJV Bible Teacher. Since the 1980s, Ramey has won--or helped to win--multiple journalism awards and citations (including 3 CASPER awards). He holds a Police Citation for Citizen Bravery from the Indianapolis Police Department (1986) presented by the late Mayor William H. Hudnut III, and an award as ‘Best New Internet Writer’ (2003) “Black Men In America.com” from Mr. Gary Johnson, Publisher.

His career also includes serving as an award-winning broadcast reporter, producer and TV/Radio talk show host in the Indianapolis market since 1981. In addition, Ramey has served as staff writer and section editor for The Indianapolis Recorder, and a freelancer for The Indiana Herald. Ramey has also served as a guest Op-Ed writer for The Indianapolis News, a staff writer for The Indianapolis Star, and a freelancer for BOTH The Associated Press and USA Today Newspaper (Gannett).

In business as an Anti-Gang Specialist & Consultant since 2007, Ramey is the Modern Street Gangs Specialist of “The Gang Line”. He has been interviewed in the U.S. and abroad on the dangers of Modern Street Gangs. Ramey is a Certified Modern Street Gang Specialist, with Law Enforcement (2006), Non-Law Enforcement (2010) and Gangs & Cults (2017) certifications, plus endorsements in K-12 Gang Issues (2010) and Transnational Gang Tactics (2010). He has held workshops, trainings and consultations with and for street-level/school-based personnel. He carries Specialist ratings in the area of Cult/Occult Crime, Transnational Human Trafficking and has served as a national/transnational consultant to various faith-based anti-gang ministries.

Ramey has also served as a veteran substitute licensed teacher (1986-2011), a college instructor, a Probation Officer (Intensive/High Risk & School-Based 2001-2007) with the Marion County Juvenile Court and a peer grant reviewer of anti-gang grant programs for the U.S. Department of Justice (2010). He also created, designed and taught the course UM-190 “Modern Street Gangs: Developing Urban Ministry Strategies” in 2009 and 2010 at Crossroads Bible College, Indianapolis, Indiana for those who desired to serve Jesus Christ in an Urban Ministry environment. Ramey also served as a post-production consultant for Chick Publications’ anti-gang comic: “Black Angel”. It had a 2013 national release, with an international Spanish-language version released in 2014.

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