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Thomas Sowell “both surprises and overturns received wisdom” in this indispensable examination of widespread economic fallacies (The Economist)
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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Explore the works of Thomas Sowell
In this instant New York Times bestseller, renowned economist Thomas Sowell demolishes the myths that underpin the social justice movement Intellectuals and Race is a radical book in the original sense of one that goes to the root of the problem. The role of intellectuals in racial strife is explored in an international context that puts the American experience in a wholly new light. The Einstein Syndrome is a follow-up to Late-Talking Children, which established Thomas Sowell as a leading spokesman on the subject of late-talking children. Discrimination and Disparities gathers a wide array of empirical evidence to challenge the idea that different economic outcomes can be explained by any one factor, be it discrimination, exploitation, or genetics. A Conflict of Visions offers a convincing case that ethical and policy disputes circle around the disparity between both outlooks. Race and Culture shows that cultural capital has far more impact than politics, prejudice, or genetics on the social and economic fates of minorities, nations, and civilization.
Publisher : Basic Books; 2nd edition (March 22, 2011)
Language : English
Paperback : 293 pages
ISBN-10 : 0465022030
ISBN-13 : 978-0465022038
Reading age : 13 years and up
Grade level : 11 and up
Item Weight : 2.31 pounds
Dimensions : 5.5 x 0.74 x 8.25 inches
Customers say
Customers find the book well-written and easy to read. They also appreciate the author’s insight and skill at breaking down complex subjects into the most objective form. Readers mention the book is an eye-opener and provides references for his thoughts, ideas, and conclusions.
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