Economic Facts and Fallacies

Economic Facts and Fallacies

Economic Facts and Fallacies exposes some of the most popular fallacies about economic issues-and does so in a lively manner and without requiring any prior knowledge of economics by the reader. These include many beliefs widely disseminated in the media and by politicians, such as mistaken ideas about urban problems, income differences, male-female economic differences, as well as economics fallacies about academia, about race, and about Third World countries. One of the themes of Economic Facts and Fallacies is that fallacies are not simply crazy ideas but in fact have a certain plausibility that gives them their staying power-and makes careful examination of their flaws both necessary and important, as well as sometimes humorous. Written in the easy-to-follow style of the author's Basic Economics, this latest book is able to go into greater depth, with real world examples, on specific issues.

Title:Economic Facts and Fallacies
Edition Language:English
ISBN:9780465003495
Format Type:

    Economic Facts and Fallacies Reviews

  • Amora

    This book was way ahead of it’s time. Almost every economic fallacy repeated by ideologues such as Paul Krugman and Bernie Sanders can be found debunked in this book. Economist Thomas Sowell makes e...

  • Ezzy

    Most of this book is just bullshit. Mainly, it's pandering to a political ideology while pointing out weaknesses (some fatal, in his defense) of statistics that are bantered around. However, he moves ...

  • David

    This fascinating book peels away the truths from the untruths about economics in our societies. While the style of writing is rather dry, the content is quite engaging. Many commonly held beliefs are ...

  • Cami

    I’m just finishing this book now so I won’t spoil the ending for you, just kidding. It really is a great book applying basic economic theories to real life situations. He spends quite a bit of tim...

  • Jen

    This gentleman has some points of view that are rather polarizing, but I have to say, he is very thoughtful and cites everything, which I appreciate. I disagree with his views on reverse mortgages, bu...

  • Kenny

    STUBBORN THINGSThomas Sowell’s remarkable book Economic Facts and Fallacies is even more remarkable for its brevity. In just over two hundred pages, he tackles and deconstructs fallacies infecting o...

  • Ryan

    Sowell is probably my favorite economic writer -- not for his novel ideas, but for his excellent presentation of the entire body of generally reasonable economic thought. He would be my dream pick for...

  • Nikolay

    To set the stage, I more often identify with centrist ideas (hard to explain) and the book was a conscious attempt to learn more about the “right” – Thomas Sowell is openly conservative, so it f...

  • Nicholas

    Pure Sowell. Same as usual. Stop interfering. Let people do what they want cause they know better than you do. Oh and things aren't as bad as everyone says.I really liked his point about traditional w...

  • Joel

    This book is quite a bit drier than I remember Basic Economics being. It did pick up in Chapters 5, 6, and 7 about income, race, and third-world countries, respectively.I did find that Sowell sometime...