Economic Facts and Fallacies
Second Edition
2nd Edition
Published on 22. March 2011
304 pages
978-0-465-02630-2 (ISBN)
Description
From renowned economist Thomas Sowell, an indispensable examination of widespread economic fallacies
"Thomas Sowell marshals his arguments with admirable clarity and authority."-Economist
In this revised and expanded edition of 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.
"Thomas Sowell marshals his arguments with admirable clarity and authority."-Economist
In this revised and expanded edition of 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.
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Thomas Sowell
Economic Facts and Fallacies
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Basic Books
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Person
Thomas Sowell is a Senior Fellow at the Hoover Institution, Stanford University. For more than half a century, his writings have appeared in both popular and scholarly publications, on both sides of the Atlantic, and his books have been translated into a dozen foreign languages. After a career as an economist in the government, academia and the corporate world, he has since 1980 been a scholar in residence at the Hoover Institution, devoting his efforts to research and writing, on subjects ranging from the history and influence of intellectuals to education and social policies in countries around the world.
Content
- Intro
- Title Page
- Epigraph
- Preface
- Chapter 1 - THE POWER OF FALLACIES
- THE ZERO-SUM FALLACY
- THE FALLACY OF COMPOSITION
- THE POST HOC FALLACY
- THE CHESS-PIECES FALLACY
- THE OPEN-ENDED FALLACY
- SUMMARY AND IMPLICATIONS
- Chapter 2 - URBAN FACTS AND FALLACIES
- TRANSPORTATION
- HOUSING
- URBAN ECONOMIC ACTIVITIES
- SUMMARY AND IMPLICATIONS
- Chapter 3 - MALE-FEMALE FACTS AND FALLACIES
- HISTORY
- ECONOMICS
- EMPLOYER DISCRIMINATION
- SUMMARY AND IMPLICATIONS
- Chapter 4 - ACADEMIC FACTS AND FALLACIES
- ACADEMIC GOVERNANCE
- THE FACULTY
- THE STUDENTS
- ACADEMIC COSTS
- ACADEMIC REVENUES
- SUMMARY AND CONCLUSIONS
- Chapter 5 - INCOME FACTS AND FALLACIES
- INCOME STAGNATION
- INCOME INEQUALITY
- SUMMARY AND CONCLUSIONS
- Chapter 6 - RACIAL FACTS AND FALLACIES
- GROUP DIFFERENCES
- HISTORY
- ECONOMICS
- SUMMARY AND IMPLICATIONS
- Chapter 7 - THIRD WORLD FACTS AND FALLACIES
- GEOGRAPHY
- HISTORY
- ECONOMICS
- SUMMARY AND IMPLICATIONS
- Chapter 8 - PARTING THOUGHTS
- Notes
- INDEX
- Copyright Page
