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In this slim volume, Sowell exposes, refutes and debunks six of the major economic fallacies of our time: 1. Urban Facts and Fallacies 2. Male-Female Facts and Fallacies 3. Academic Facts and Fallacies 4. Income Facts and Fallacies 5. Racial Facts and Fallacies 6. Third World Facts and Fallacies As you've probably noticed, these are six of the major flashpoint issues of our times - and Sowell knocks down the myths and lies the left-wing has worked so hard to spread. For example, Sowell shows how elitists have made the most desirable areas of California unaffordable for all but the very rich through restrictive policies. This results in various hypocrisies, such as driving out poor blacks from places like San Francisco and also contributes to the fallacy of a lack of "affordable housing". The latter is not the fault of evil conservatives, but of very selfish left-wingers. Sowell applies his truly formidable knowledge and scalpel-like logic to each of these six fallacies, slicing away the untruths and revealing that the United States is not a nation of massive inequalities, but is in fact still the land of opportunity. As Sowell puts it so well, "[s]ome things are believed because they are demonstrably true. But many things are believed because they are consistent with a widely held vision of the world - and this vision is accepted as a substitute for facts." For those willing to learn, Sowell demolishes six major myths here. Would that there were more like Sowell - and those willing to learn from him.Read full review
Extremely in depth and informative, Sowell is one of the greater intellects of our current time, as his writings show. As with every other book of his Iv read, it is more than worth the read.
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Great read-Thomas Sowell is one of the most intelligent people in the country.....
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Go ahead. Read it and try not to get angry at high cost housing or whatever else the I'm-here-to-help government messes with and causes increased costs.
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Definitely one of the best economic books of all time a must have. disproves most common economic fallacies and explains how economics works. this book is great for the economist or the average reader. really easy to understand.
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