Economic Facts and Fallacies. Book Summary

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Thomas Sowell

What’s inside

In ‘Economic Facts and Fallacies’, economist Thomas Sowell explodes a number of popular misconceptions about economics. Covering topics from urban and gender issues to academia and race, Sowell demonstrates that false economic notions not only pervade, but often dominate, discussions in the media, politics, and even academia.

You’ll Learn

  • Gain a deeper understanding of economic misconceptions
  • Equip oneself with factual economic knowledge
  • Improve critical thinking skills in terms of economic issues
  • Understand the impact of politics on economics

Key Points

  • Fallacies in urban economics
  • Debunking gender economic myths
  • Academic distortions in economic understanding
  • The impact of race on economic decisions
  • Misconceptions of income disparity
  • Fallacies of international economic policies
  • The political influences on economic decisions

Who’s it For

  • Economy students
  • Policy makers
  • Researchers
  • General public interested in economics

About the author

Thomas Sowell is an American economist, social theorist, and senior fellow at Stanford’s Hoover Institution. Known for his conservative views and often considered a libertarian, Sowell has authored over 30 books on economics and social policy.