Economic Facts and Fallacies
by Thomas Sowell
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Book Reviews of Economic Facts and Fallacies
Book Review: Fell Short
Summary: 2 Stars
Dr. Sowell is obviously an accomplished educator and economist. However, this effort fell quite a distance short of the mark. Beginning with a definition of four common fallacies, he then proceeded to use them (particularly the fallacy of "construction") throughout his book. At times, it seemed more of a rant against those taking opposing positions on selected issues. The problem comes from his initial assumptions as to the reasons his positions were opposed in the first place. It seems each of his arguments was based upon a simplistic reduction to a single-variable relationship of cause and effect. If life were truly that simply, the book might have been more worthwhile.Book Review: No Such Thing as Too Much Truth
Summary: 5 Stars
Those interested in the pursuit of truth and the dangers of falsehoods masquerading as truth will enjoy this book. Those needing an education in economics as well as those already well-versed in economic reasoning will find this book entertaining and informative. Fans of Sowell's many other outstanding books--this reviewer is one of them--will enjoy this effort. I am sending copies of this to both of my daughters in college. We hear the mantra "critical thinking" frequently. In Economic Facts and Fallacies, Thomas Sowell shows readers how it should be done. If eligibility to vote ever depends on passing a test, I hope the questions are based on the reasoning in this book!Book Review: Excellent Reference...
Summary: 5 Stars
I got this book to check out Sowell's take on the "Vanishing Middle Class." In just a few paragraph's he is able to completely turn that notion on it's head... and show why the oft repeated claim is jibberish. I now know this book will be an excellent resource for fighting commonly held economic fallacies. Yesterday I read the chapter on Men vs. Women pay. The commonly held belief is that women don't make as much as a man because of discrimination. While keeping an open minded view that discrimination could come in to play, Sowell delivers an extremely convincing alternative argument for the discrepancy in pay. This book really is an eye opener.Book Review: Not What I've Come to Expect from Dr. Sowell
Summary: 3 Stars
I am a big fan of Dr. Sowell's work, but this one just did not strike that same chord with me. While he had some very good points and data, it was delivered in a very belabored way that made it hard for me to finish. I actually had to push myself, whereas Basic Economics 2nd Ed: A Citizen's Guide to the Economy, Revised and Expanded Edition was easy to breeze right through the book. I believe you could get as much or more from reading his weekly syndicated articles. He's a great educator and genius of a man, just didn't quite hit the mark with this one.Book Review: Economic Facts and Fallacies by Sowell
Summary: 5 Stars
Sowell is well-versed in practical reality-based economics and makes common sense to his readershio. His points range from quite humorous (I think) to quite serious, and are not stated in a verbose or technical jargon, or literary fashion. He integrates well into my general speaking and thinking genre/pattern, so I truly do enjoy his authorship to date He may be said to be somewhat sociological, but the underlying ideas are much more important than fuzzy theories from ivory towers. I believe strongly in pattern recognition as a strong natural force and these are values I recognize clearly and readily.
Chris G.