Economic Facts and Fallacies is a clear and understandable exposition of some of the widely believed economic principles that do not happen to be true. Following these principles leads to unnecessary hardship and inefficiencies in our economy.
The first chapter presents four general types of fallacies, and then the rest of the book presents specific examples in six areas. The examples are numerous and interesting. Most discussions are fairly short and simple, but they make powerful points. (more…)