Economic Facts and Fallacies

Thomas Sowell investigates and exposes widespread misconceptions about economic topics that frequently appear in journalism, politics, and popular culture. The chapters systematically scrutinize pervasive beliefs about urban planning, gender earnings gaps, academic administration, income distribution, racial disparities, and third world economic aid. By applying empirical data and straightforward economic reasoning, the book demonstrates why superficially plausible explanations often collapse under scrutiny and lead to counterproductive public policy.

by Thomas Sowell

Basic Books · First published 2007 · 282 pages