Economic Facts and Fallacies, 2nd edition
About this product
From renowned economist Thomas Sowell, an indispensable examination of widespread economic fallacies "From one of America's most noted conservative economists, a short, original book that offers some unconventional ideas about how to think about common economic topics." ― Baltimore Sun
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. 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. Read more
Editor's Take
Readers on Goodreads are highly engaged, with many praising the book as sharp, clear, and eye-opening, while some disagree with its political framing and find parts of it overly ideological.
Amazon-style reviewer sentiment is broadly positive in the available search results, with praise focused on Sowell’s plain-language explanation of economic misconceptions and his forceful debunking of common myths. Review coverage in outlets like Deseret and Townhall describes the book as a thorough challenge to popular economic assumptions, especially around housing, income, race, academia, and the Third World.
On review and discussion sites, readers often highlight the book’s accessibility and memorable arguments, but critics note that it can feel one-sided or too aligned with Sowell’s broader worldview. Overall, the response skews favorable among readers who want a concise, polemical economics read.
Price History
Specifications
| Publisher | Basic Books |
| Publication date | March 22, 2011 |
| Edition | 2nd |
| Language | English |
| Print length | 304 pages |
| ISBN-10 | 0465022030 |
| ISBN-13 | 978-0465022038 |
| Item Weight | 2.31 pounds |
| Reading age | 13 years and up |
| Dimensions | 5.55 x 0.75 x 8.25 inches |
| Grade level | 11 and up |
| Best Sellers Rank | #15,369 in Books ( See Top 100 in Books ) #5 in Libertarianism #10 in Macroeconomics (Books) #11 in Free Enterprise & Capitalism |
| Customer Reviews | 4.8 4.8 out of 5 stars (2,612) |
