Economic Facts and Fallacies: Second Edition

Economic Facts and Fallacies: Second Edition

by Thomas Sowell

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Overview

Thomas Sowell's indispensable examination of the most popular economic fallacies
In Economic Facts and Fallacies, Thomas Sowell exposes some of the most popular fallacies about economic issues in a lively manner that does not require any prior knowledge of economics. These fallacies include many beliefs widely disseminated in the media and by politicians, such as fallacies about urban problems, income differences, male-female economic differences, as well as economic fallacies about academia, about race, and about Third World countries.
Sowell shows 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.

Product Details

ISBN-13: 9780465026302
Publisher: Basic Books
Publication date: 03/22/2011
Sold by: Hachette Digital, Inc.
Format: NOOK Book
Pages: 304
Sales rank: 252,815
File size: 387 KB
Age Range: 13 - 18 Years

About the Author

Thomas Sowell is a Senior Fellow at the Hoover Institution, Stanford University. He is the author of dozens of books and the recipient of various awards, including the National Humanities Medal, presented by the President of the United States in 2003.

Table of Contents

Preface vii

Chapter 1 The Power of Fallacies 1

Chapter 2 Urban Facts and Fallacies 13

Chapter 3 Male-Female Facts and Fallacies 59

Chapter 4 Academic Facts and Fallacies 90

Chapter 5 Income Facts and Fallacies 139

Chapter 6 Racial Facts and Fallacies 172

Chapter 7 Third World Facts and Fallacies 206

Chapter 8 Parting Thoughts 235

Endnotes 241

Index 271

Customer Reviews

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Economic Facts and Fallacies 3.7 out of 5 based on 0 ratings. 27 reviews.
Laurent Nicolov More than 1 year ago
Thomas Sowell has a straight foreward style that gets to the core issues that are at play beyond the typical superficial analyses of complex economic problems of our day. I strongly recommend this book. Thomas Sowell is intellectually honest and wise.
dtfoz More than 1 year ago
Thomas Sowell does a great job of challenging assumptions and preconceived beliefs that are part of the everyday narrative of academia, the media and politicians. And he does this in a straight forward way using language that all can understand. This book is must reading and an eye opener those who argue that "facts are on our side."
verber on LibraryThing More than 1 year ago
This book is clearly coming at issues from a conservative basis taking aim a number assumptions and beliefs held by "liberals". While many of these issues bear closer inspection, and several of Sowell's conclusions might be correct, the book fails to make a sufficient case, sometimes using the fallacious he attempts to expose.
jpsnow on LibraryThing More than 1 year ago
Sowell elegantly rips apart myths about the economics of labor, finance, gender, and race. He also explains how erroneous assumptions become so well established that no one even stops to think about them. Not only is this a solid analysis of the situations he analyzes, it's also a good introduction to the methodology needed for such assessment.
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