Economic Facts and Fallacies
by Thomas Sowell
Sowell on common beliefs about cities, gender pay, education, income statistics and development, tested against data. Argumentative; worth reading even to disagree.
Read it if…
you want statistics-based challenges to received ideas.
See the book →
Skip it if…
you want neutrality.
Try instead: Capital in the Twenty-First Century →
Three things you will actually use
- Check the statistic's definition.
- Households are not people.
- Follow individuals over time.
Do this first
Read the chapter on income facts and fallacies.
Our verdict
Sowell versus fallacies.
See the book →
Compare with other Money books
Good Economics for Hard Times
Abhijit V. Banerjee and Esther Duflo · Money
What economics knows.
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