About this title: A brilliant and revelatory look at the fundamental ideas people 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 readers requiring any prior knowledge of the subject. These fallacies include beliefs widely disseminated in the media and by politicians, such as myths about urban problems, income differences as well as fallacies about academia, race and Third World countries.One of the themes is that fallacies are not simply ...
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Edition: First Printing
Binding: Hardcover
Publisher: Basic Books, Inc., Publishers, New York, New York, U.S.A.
Date Published: 2008
ISBN-13:9780465003495ISBN:0465003494
Description: Fine in Fine jacket. 8vo-over 7¾"-9¾" tall. "Simply on thr basis of the byline, I read everything Thomas Sowell writes. And it keeps me busy because he writes a lot. But I'm always richly rewarded, as I was again when I picked up ECONOMIC FACTS AND FALLACIES. Sowell is fearless and invariably so far ahead of the curve in discussing ecomonics or politics or pretty much anything that the rest of us are left eating his intellectual dust. I can't think of a higher compliment that that. " This book ... read more
Description: Good. Former Library book. Shows some signs of wear, and may have some markings on the inside. Shipped to over one million happy customers. Your purchase benefits world literacy! read more
Binding: Hardcover
Publisher: Basic Books
Date Published: 2007-12-31
ISBN-13:9780465003495ISBN:0465003494
Description: NEW. Hardcover. From an inventory that is 100% brand-new, 100% direct from the publishers' distribution channel. We carry NO pre-owned, NO remaindered. We pack in CARDBOARD to ensure the pristine quality is maintained. (Bubble-wrap alone is NOT sufficient to protect from USPS equipment. ) Guaranteed brand-NEW, protected with CARDBOARD, your satisfaction is guaranteed. BKLUVID: 9780465003495. read more
Binding: Spoken Word MP3-CD
Publisher: Blackstone Audio Inc
Date Published: 2008-05-01
ISBN-13:9781433245367ISBN:1433245361
Description: NEW. Spoken Word MP3-CD. From an inventory that is 100% brand-new, 100% direct from the publishers' distribution channel. We carry NO pre-owned, NO remaindered. We pack in CARDBOARD to ensure the pristine quality is maintained. (Bubble-wrap alone is NOT sufficient to protect from USPS equipment. ) Guaranteed brand-NEW, protected with CARDBOARD, your satisfaction is guaranteed. BKLUVID: 9781433245367. read more
Binding: Spoken Word Compact Disc
Publisher: Blackstone Audio Inc
Date Published: 2008-05-01
ISBN-13:9781433245350ISBN:1433245353
Description: NEW. Spoken Word Compact Disc. From an inventory that is 100% brand-new, 100% direct from the publishers' distribution channel. We carry NO pre-owned, NO remaindered. We pack in CARDBOARD to ensure the pristine quality is maintained. (Bubble-wrap alone is NOT sufficient to protect from USPS equipment. ) Guaranteed brand-NEW, protected with CARDBOARD, your satisfaction is guaranteed. BKLUVID: 9781433245350. read more
Description: New. 0465003494 SATISFACTION GUARANTEED! NEW Book! May have remainder mark. Most orders ship within 1 BUSINESS DAY with ORDER CONFIRMATION. Great Book at a Great Value! read more
Binding: Hardback
Publisher: BASIC BOOKS
Date Published: 2008
ISBN-13:9780465003495ISBN:0465003494
Description: New. From one of Americas most distinguished economists comes this work that exposes some of the most popular fallacies about economic issues--and does so in a lively, easy-to-understand style. read more
"Sowell brings the "facts" to expose fallacies that persist in America's politics, media, social sciences and conventionally understood history regarding income, race, the Third World, and other hot button topics. Pretty good, but mostly a rehash of Sowell's other books. As usual he writes for general readers, not specialists, and this book reads easily, even as he covers some very controversial terrain. Recommended."
"Good basic stuff here. Great chapters on the differences between men and women in the economy, race and economy, and the third world and economy.
He's adequately hard on "third parties" intervening into situations where two parties will do. But I wonder if he falls prey to one of his own fallacies (the chess board fallacy) assuming a kind of interchangeability between various parties (at least on that point). He's just not addressing the hardest questions in other words.
I was also fairly impressed with how stats can be so manipulated. His point about analyzing who falls into what categories and when was very well taken. For example, he points out that in statistics that claim the median real income is stagnating or falling, there are a number of problems. Business ventures losing money or having an off year, retirees on fixed incomes, recent college grads as well as students can all get pooled into the same bracket and voila! incomes stagnate.
He also noted that three-quarters of Americans whose incomes were in the bottom 20 percent in 1975 were also in the top 40% at some point during the next 16 years (p. 135).
Again, while he is laying basic foundational principles and generalizations, this book does not even begin to address basic Scriptural principles of mercy, debt forgiveness, or generosity, or in other words, the duty of third parties."
"How do we address the nagging issues of poverty around the world? What is the difference between, blame and causation? Sowell's book takes a sobering and pungent look at poverty and the developing world. I have it on Kindle but would love to have it in copy as I want to underline so much of what has been written."
"This is a brilliant book. The writing is uncomplicated even when dealing with complex issues. Thomas Sowell tackles economic issues that effect many of us in the course of our lives and breaks them down to the point where we can clearly see the simple choices that people make and how dynamically that impacts our society.
This is not dry reading. This is not boring at all.
Everyone "knows" that Homes in california cost ten times more than homes in the midwest. But in 1975 the average cost of a home in Topeka, Kansas was the same as a house in Palo Alto, Califorina. Find out what happened in 1976 that caused the housing costs in California to skyrocket.
Why do College tuition costs go up every year at a pace greater than the rate of inflation? Find out what the president of Fort Hays state university in Hays, Kansas did that actually lowered the cost of tuition and grew the student population.
This is an enlightening book that taught me something very fundamental and important. Most Economic problems are not difficult to solve. They usually have a very straightforward solution. But that choice usually demands a certain amount of sacrifice, pain or responsibility that many people and most politicians don't want to endure."
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