Economic Facts and Fallacies

Basic Books - Basic Books

Release date: 2007-12-31
Hardcover
Author: Thomas Sowell
Business & Economics, Business / Economics / Finance, Business/Economics, Business & Economics / Economics / General, Economics - General, Economics, Economics: Professional & General


Economic Facts and Fallacies
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Economic Facts and Fallacies

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Easy to understand, EVERYONE needs to read this book. Once again, Sowell exposes the fallacies (as he calls them) of many social and economic perceptions pushed by the Left. His points are simple and extremely relevant, backed up by several dozen factual references for each chapter. Perfect gift for your friends who refuse to concede the failures of Big Government social policies! This book should be a staple in your library.

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Economic Facts and Fallacies

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Thomas Sowell is direct and to the point. He writes in a way that is easy to understand and very informative. This book should be required reading for everyone before they get a credit card or vote!

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Economic Facts and Fallacies

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My fantasy of having great wealth is to start a foundation that would give a book a week to every member of Congress, every state legislator, every government policymaker, every opinion columnist and every candidate. This would be the second book we'd give out. First would be Sowell's "Basic Economics." Yes, it might not do any good. I recently cited to a newspaper columnist Sowell's history of what happens to government revenues when you increase the Capital Gains tax (hint: the opposite of what's expected). The columnist told me those were "right wing facts" and he wasn't interested in any facts that supported business. Really. Too many people want to discard any facts that don't support their cherished illusions, preferring comfortable lies, which is why politicians of both parties get elected promising to do things that sound good, but hurt the majority of people they claim to be helping.

Reading Thomas Sowell would at least make it harder for them to do with a straight face. And if every voter read Sowell, it would be much harder for politicians to pander to their uninformed prejudice.

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