Economic Facts and Fallacies
Economic Facts and Fallacies is an indispensable examination of the most popular economic misconceptions. It 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.
"Thomas Sowell marshals his arguments with admirable clarity and authority. There is not a chapter in which he does not produce a statistic that both surprises and overturns received wisdom."
"From one of America's most noted conservative economists, a short, original book that offers some unconventional ideas about how to think about common economic topics."
"This readable volume is a useful primer exposing how economics relates to the social issues that affect our country."
― Publishers Weekly
"Sowell's book dismantles many of the pervasive fallacies running rampant in politics today, broken into categories of urban life, gender, academia, income, race, and the problems of the third world. In Economic Facts and Fallacies, as in his other work, Sowell makes a persuasive and powerful case, armed with a solid arsenal of statistics, numbers, and historical facts."
― RealClearPolitics.com