Economic Facts and Fallacies
by: Thomas Sowell
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Product Description:
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.
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Customer Reviews
Average Rating:
Rating: 
- The Book Your Friends Need to Read
Easy to understand, EVERYONE needs to read this book. Once again, Sowell exposes the fallacies (as he calls them) of many social and economic perceptions pushed by the Left. His points are simple and extremely relevant, backed up by several dozen factual references for each chapter. Perfect gift for your friends who refuse to concede the failures of Big Government social policies! This book should be a staple in your library.
Rating: - Thought provoking
Thomas Sowell is direct and to the point.He writes in a way that is easy to understand and very informative. This book should be required reading for everyone before they get a credit card or vote!
Rating: - Required Reading for candidates
My fantasy of having great wealth is to start a foundation that would give a book a week to every member of Congress, every state legislator, every government policymaker, every opinion columnist and every candidate. This would be the second book we'd give out. First would be Sowell's "Basic Economics." Yes, it might not do any good. I recently cited to a newspaper columnist Sowell's history of what happens to government revenues when you increase the Capital Gains tax (hint: the opposite of what's ... Read More
Rating: - Economic Facts and Fallacies
Thomas Sowell is a remarkable writer. He explains economics and politics in such a common sense way. Thomas Sowell's books and articles in [...] are always refreshing to read.
Rating: 
- Further your economic education
I decided that as a responsible citizen I should try to learn a few things about economics.I found that this book is a great aid in that endeavor.Dr. Sowell is a master in making the complex principles of economics easy for the layman.Although my favorite is his book, "Basic Economics," this book is an excellent further examination into some of the principles he brought up in that one.My favorites here were the chapters on college education, income disparity, and the third world.For those ... Read More
- The Book Your Friends Need to ReadEasy to understand, EVERYONE needs to read this book. Once again, Sowell exposes the fallacies (as he calls them) of many social and economic perceptions pushed by the Left. His points are simple and extremely relevant, backed up by several dozen factual references for each chapter. Perfect gift for your friends who refuse to concede the failures of Big Government social policies! This book should be a staple in your library.
- Thought provokingThomas Sowell is direct and to the point.He writes in a way that is easy to understand and very informative. This book should be required reading for everyone before they get a credit card or vote!
- Required Reading for candidatesMy fantasy of having great wealth is to start a foundation that would give a book a week to every member of Congress, every state legislator, every government policymaker, every opinion columnist and every candidate. This would be the second book we'd give out. First would be Sowell's "Basic Economics." Yes, it might not do any good. I recently cited to a newspaper columnist Sowell's history of what happens to government revenues when you increase the Capital Gains tax (hint: the opposite of what's ... Read More
- Economic Facts and FallaciesThomas Sowell is a remarkable writer. He explains economics and politics in such a common sense way. Thomas Sowell's books and articles in [...] are always refreshing to read.
- Further your economic educationI decided that as a responsible citizen I should try to learn a few things about economics.I found that this book is a great aid in that endeavor.Dr. Sowell is a master in making the complex principles of economics easy for the layman.Although my favorite is his book, "Basic Economics," this book is an excellent further examination into some of the principles he brought up in that one.My favorites here were the chapters on college education, income disparity, and the third world.For those ... Read More
