Economic Facts and Fallacies: Second Edition
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.
1100173294
Economic Facts and Fallacies: Second Edition
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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Economic Facts and Fallacies: Second Edition

Economic Facts and Fallacies: Second Edition

by Thomas Sowell
Economic Facts and Fallacies: Second Edition

Economic Facts and Fallacies: Second Edition

by Thomas Sowell

Paperback(Second Edition)

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Overview

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.

Product Details

ISBN-13: 9780465022038
Publisher: Basic Books
Publication date: 03/22/2011
Edition description: Second Edition
Pages: 304
Sales rank: 44,606
Product dimensions: 5.40(w) x 8.20(h) x 0.90(d)
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 including Charter Schools and Their Enemies, winner of the 2021 Hayek Book Prize. He is the recipient of numerous other 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

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