Economic Facts and Fallacies

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.