Economic Facts and Fallacies

Economic Facts and Fallacies
by Thomas Sowell

Economic Facts and Fallacies
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Book Summary Information

Author: Thomas Sowell
Edition: Hardcover
Audio: German (Original Language); English (Unknown); English (Published)
Published: 2007-12-31
ISBN: 0465003494
Number of pages: 272
Publisher: Basic Books

Book Reviews of Economic Facts and Fallacies

Book Review: Cultural Economics made easy to understand
Summary: 5 Stars

As usual, Dr. Sowell, comments on several current cultural issues and their facts and fallacies with a straitforward style that is well researched and referenced. An economics degree is not needed to understand the topics discussed. He does a nice job of picking apart the biases that underlie the beliefs of the media and politicians.

Summary of Economic Facts and Fallacies

From one of America's most distinguished economists, a short, brilliant and revelatory book: the fundamental ideas people most commonly get wrong about economics, and how to think about the subject better.

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 readers. 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 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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