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. It isn’t a short primer of his masterpiece “Basic Economics” but instead addresses and explains why many major economic fallacies exist and why they are wrong, in plain language and easily accessible examples. Economic Facts and Fallacies is designed for people who want to understand economic issues without getting bogged down in economic jargon, graphs, or political rhetoric. In brief, economists clash because, as Henry Hazlitt has so succinctly put it, “Economics is haunted by more fallacies than any other study known to man” (emphasis mine). Time and again, readers are shown that support for expanding government control arises from mistaken reasoning and interpretation of data.

HooverInstitution 857,844 views. 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... Free shipping over $10. Buy a cheap copy of Economic Facts and Fallacies book by Thomas Sowell. These 20 facts about the U.S. economy may leave you shaking your head. Consider this summary for an explanation of many of the fallacious ideas examined against the facts we have. When economic ideas are shared in the media and politics, how can we know fact from fallacy? Economic Facts and Fallacies by Thomas Sowell, 9780465022038, download free ebooks, Download free PDF EPUB ebook. Surprisingly, many of the things heard are fallacies.

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. “Sowell marshals his arguments with admirable clarity and authority. 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." 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. Consider this summary for an explanation of many of the fallacious ideas examined against the facts we have. According to The Economist, "By 2030, 22% of people in the OECD club of rich countries will be 65 or older, nearly double the share in 1990." 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, Some of the content is common sense, others are straightforward, and the rest is an array of revelations.

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.