The Best Books
Economic Facts and Fallacies: Second Edition
By Thomas Sowell
Paperback
$1540Overview- In Economic Facts and Fallacies, Thomas Sowell exposes some of the most popular
fallacies about economic issues in a lively manner that does not require any prior knowledge of economics.
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 economic fallacies about
academia, about race, and about Third World countries.
Sowell shows 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.
About Thomas Sowell
Thomas Sowell has taught economics at Cornell, UCLA, Amherst and other
academic institutions, and his Basic Economics has been translated into six
languages.
He is currently a scholar in residence at the Hoover Institution,
Stanford University. He has published in both academic journals in such
popular media as the Wall Street Journal, Forbes magazine and Fortune,
and writes a syndicated column that appears in newspapers across the
country.