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Economic Facts and Fallacies
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Economic Facts and Fallacies

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Description:

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.

Features:
Product Details:
Author: Thomas Sowell
Hardcover: 272 pages
Publisher: Basic Books
Publication Date: December 31, 2007
Language: German
ISBN: 0465003494
Package Length: 9.3 inches
Package Width: 6.2 inches
Package Height: 1.1 inches
Package Weight: 1.0 pounds
Average Customer Rating: based on 80 reviews
 
Customer Reviews:
Average Customer Review:4.5
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5Economics made easy!  Nov 12, 2009
In todays ecomomy you hear about economics and economist all the time but do you really know what that means? This book while having a topic which I would normally have found boring was an amazing read. I had people at work who saw me reading a book on economics and thought I had gone looney! I would read little bits to them and the next thing you know, they wanted it when I was done with it. I will read more from Dr. Thomas Sowell! He makes what appears to be a difficult subject so simple to understand!

1 of 1 found the following review helpful:

5Thomas Sowell Delivers Excellent Insights  Nov 03, 2009
Thomas Sowell is an excellent author and thinker. "Economic Facts and Fallacies" presents some excellent insights into fallacies that are often accepted as fact in American society. This book is the concise presentation of well developed thoughts.

1 of 1 found the following review helpful:

5MORE PROOF THAT FREEDOM = WEALTH  Oct 23, 2009
"Economic Facts and Fallacies" successfully debunks most of the fallacies used to justify the tyranny perpetrated by the fourth branch of government - the bureaucracy. Reading Mr. Sowell's book was part of the research done to write "21ST Century Common Sense" and the time was well spent. However, Mr. Sowell is too charitable towards those who would usurp our freedom and who use many of the fallacies listed in "Economic Facts and Fallacies" to that end.
These CHARLATANS routinely use such misinformation for political gain and most are much too intelligent to believe the validity of these fallacies. No wonder that those who support suppression of individual liberty and freedom hysterically denounce "Economic Facts and Fallacies".


Felton Williamson, Jr.
Author of "Common Sense - The Way Back"
[...]
Common Sense - The Way Back

1 of 9 found the following review helpful:

1Completely dissatisfying  Aug 24, 2009
This book in no way measures up to its relatively high rating. I read Chapters 1,2 and 4 and retired it. Sowell's points on urban fallacies are superficial in the extreme, and I assumed the other chapters would follow suit. Came away with nothing of value from this book - a rare occurence. Stay away.

2 of 3 found the following review helpful:

4Great Book - Easy Reading - Important Analysis  Jul 04, 2009
This is a good read for those seeking to understand basic applied economic thought. Sowell is a good author who doesnt concern himself with impressing the reader with comlexity - rather - he crystallizes the problem and solution in an easy to read form for the reader.

 
 
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