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Binding: Hardcover
Dewey Decimal Number: 330
EAN: 9780465003495
ISBN: 0465003494
Label: Basic Books
Manufacturer: Basic Books
Number Of Items: 1
Number Of Pages: 272
Publication Date: December 31, 2007
Publisher: Basic Books
Sales Rank: 943
Studio: Basic Books
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Editorial Review:
Product Description:
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.
Customer Reviews Average Rating: 
Rating:  - Review of Economic Facts & Fallacies
As always, Dr. Thomas Sowell has written yet another clear, incisive and illuminating book. His gift for explaining complex things in an easily understood manner is again on display.
There is no better way to learn and appreciate economics than to buy and read every Thomas Sowell book you can find. I regard him as the most insightful writer and teacher I have ever found. He is a national and an international treasure.
Rating:  - Great book, but at least 1 contradiction
A very good book, does a great job of pointing out many fallacies that circulate in the USA. But I was disappointed in his citing of black "family incomes" below the poverty line in chapter 6. The statistics he cites in this chapter to show that the civil rights movement had a small influence in black poverty contradicts his discussion in chapter 5 about income fallacies, specifically the use of "Household income" to demonstrate a lack of income improvement among the poor. That contradiction stuck ... Read More
Rating:  - Not What I've Come to Expect from Dr. Sowell
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 ... Read More
Rating: - Another Thomas Sowell great!
As always, Sowell finds the whole truth! Now, most published statistics only use only the data that fits their agenda, but he gets to the true basic facts.
Rating:  - Tendentious
I only read the firsttwo chapters. That was enough. I find this book is very tendentious. I know that for economists there's only liberalism and the free market. But this is the 21st century and every economist - except Sowell apparently - has accepted by now the fact that a human being is not a homo oeconomicus.
The book is well written and it's interesting to get some facts in the right order but reading the same answer to different questions again and again is very one-dimensional.
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Economic Facts and Fallacies |
