Economic Facts and Fallacies by Thomas Sowell
Second Edition

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Synopsis

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.
 

About Thomas Sowell

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Bestselling author Thomas Sowell has been on the faculties of leading universities across the country, an economist in the corporate world and in government, and a scholar in residence at three think tanks. His books have been translated into nine languages, and his essays have appeared in "The New York Times, The Wall Street Journal, Time, Newsweek, Forbes, " and "Fortune" and are syndicated to 150 newspapers. For the past two decades, he has been a Senior Fellow at the Hoover Institution, Stanford University. His Internet Web site is www.tsowell.com.
 
Published March 22, 2011 by Basic Books. 295 pages
Genres: Business & Economics, Young Adult. Non-fiction

Unrated Critic Reviews for Economic Facts and Fallacies

Publishers Weekly

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The heart of the matter for Thomas Sowell (Basic Economics ) is to ask, “What are the facts?” In his latest book, economist Sowell examines numerous misconcep

Nov 26 2007 | Read Full Review of Economic Facts and Fallacies:...

Publishers Weekly

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The heart of the matter for Thomas Sowell (Basic Economics ) is to ask, “What are the facts?” In his latest book, economist Sowell examines numerous misconceptions about life and economics.

| Read Full Review of Economic Facts and Fallacies:...

Deseret News

Armed with historical facts, imperical economics, plain logic and lots of reputable statistics, Sowell attempts to "reveal fallacies that have had harmful effects on the well-being of millions of people in countries around the world."

May 28 2011 | Read Full Review of Economic Facts and Fallacies:...

Project MUSE

The source of the incorrect beliefs is also clearly demonstrated: income stagnation is exaggerated by using household income because the average size of household has decreased even though per capita incomes have risen quite dramatically.

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