Books by Thomas Sowell

The author of “Basic Economics,” Thomas Sowell continues popularizing economics in simple plain language and easily understandable examples in his 2008 “Economic Facts and Fallacies.” Sowell’s book examines some of the most popular economic fallacies often disseminated by the media and politicians, divided into categories of urban life, gender, academia, income, race, and the problems of the third world.

Reviewing Thomas Sowell’s highly acclaimed “Knowledge and Decisions” back in 1981, Nobel Prize-winning economist Friedrich Hayek – coincidentally, one of the author’s most noteworthy influences – commended him for his ability to translate “abstract and theoretical argument into concrete and realistic discussion of the central problems of contemporary economic policy.” Well, pretty much the same can be said about “Basic Economics,” Sowell’s mammoth 750-page, 1000-footnote, and 2000-introduction to arguably the most important – and the most misunderstood – of all social sciences. Lacking graphs, equations and even economic jargon – “so that it can be readily understood by people with no previous knowledge of economics” – the book is imagined, as originally subtitled, as “a citizen’s guide to the economy.”