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Economic Facts and Fallacies

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MSRP: $26.00
Your Price: $17.16
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Manufacturer: Basic Books
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Economic Facts and Fallacies Features
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ISBN13: 9780465003495 Condition: NEW Notes: Brand New from Publisher. No Remainder Mark.
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Additional Economic Facts and Fallacies Information
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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.
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What Customers Say About Economic Facts and Fallacies:
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I would read little bits to them and the next thing you know, they wanted it when I was done with it. In todays ecomomy you hear about economics and economist all the time but do you really know what that means. I will read more from Dr. 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. Thomas Sowell. He makes what appears to be a difficult subject so simple to understand.
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.
However, Mr. "Economic Facts and Fallacies" successfully debunks most of the fallacies used to justify the tyranny perpetrated by the fourth branch of government - the bureaucracy. 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. Reading Mr. Sowell's book was part of the research done to write "21ST Century Common Sense" and the time was well spent. 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
Sowell's points on urban fallacies are superficial in the extreme, and I assumed the other chapters would follow suit. This book in no way measures up to its relatively high rating. I read Chapters 1,2 and 4 and retired it. Came away with nothing of value from this book - a rare occurence. Stay away.
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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