Economic Facts and Fallacies

This explosive new audiobook challenges many of the long-held assumptions about blacks, about Jews, about Germans and Nazis, about slavery, and about education. Plainly written, powerfully reasoned, and backed with a startling array of documented facts, Black Rednecks and White Liberals takes on the trendy intellectuals of our times as well as historic interpreters of American life.

In this fifth edition of Basic Economics, Thomas Sowell revises and updates his popular book on commonsense economics, bringing the world into clearer focus through a basic understanding of the fundamental economic principles and how they explain our lives. Drawing on lively examples from around the world and from centuries of history, Sowell explains basic economic principles for the general public in plain English.

Discrimination and Disparities challenges believers in such one-factor explanations of economic outcome differences as discrimination, exploitation, or genetics. It is listenable enough for people with no prior knowledge of economics. Yet the empirical evidence with which it backs up its analysis spans the globe and challenges beliefs across the ideological spectrum.

In this devastating critique of the mindset behind the failed social policies of the past thirty years, Thomas Sowell sees what has happened not as a series of isolated mistakes, but as a logical consequence of a vision whose defects have led to disasters in education, crime, family disintegration, and more.

This book is about the great moral issues underlying many of the headline-making political controversies of our times. It is not a comforting book but a book about disturbing and dangerous trends. The Quest for Cosmic Justice shows how confused conceptions of justice end up promoting injustice, how confused conceptions of equality end up promoting inequality, and how the tyranny of social visions prevents many people from confronting the actual consequences of their own beliefs and policies.

This is a study of how intellectuals as a class affect modern societies by shaping the climate of opinion in which official policies develop, on issues ranging from economics to law to war and peace.

In Wealth, Poverty, and Politics, Thomas Sowell, one of the foremost conservative public intellectuals in the country, argues that political and ideological struggles have led to dangerous confusion about income inequality in America. Pundits and politically motivated economists trumpet ambiguous statistics and sensational theories while ignoring the true determinant of income inequality: the production of wealth.

This book is the culmination of fifteen years of research and travels that have taken the author completely around the world twice. Its purpose has been to try to understand the role of cultural differences within nations and between nations, today and over the centuries of history, in shaping the economic and social fates of peoples and of whole civilizations.

In his book Race and Culture, Sowell asks the question: “What is it that allows certain groups to get ahead?” and the answer will undoubtedly create debates for years to come. The thesis of Race and Culture is that productive skills are the key to understanding the economic advancement of particular racial or ethnic groups, as well as countries and civilizations - and that the spread of those skills, whether through migration or conquest, explains much of the advancement of the human race.

This book is geared to the average citizen with little or no economics background who would like the tools to think critically about economic issues. Many of today's economic issues are obscured by their inherent complexity and the often confusing and conflicting views coming from political talking heads. Sowell, a leading conservative economist and senior fellow at the Hoover Institution, seeks to alleviate this confusion.

Hayek gives the main arguments for the free-market case and presents his manifesto on the "errors of socialism." Hayek argues that socialism has, from its origins, been mistaken on factual, and even on logical, grounds and that its repeated failures in the many different practical applications of socialist ideas that this century has witnessed were the direct outcome of these errors. He labels as the "fatal conceit" the idea that "man is able to shape the world around him according to his wishes."

Prominent English social critic Peter Hitchens writes of the period between the death of Winston Churchill and the funeral of Princess Diana, a time he believes has seen disastrous changes in English life. The Abolition of Britain is bitingly witty and fiercely argued, yet also filled with somber appreciation for what the idea of England has always meant to the West and to the world.

There was no single, dramatic event that set the current financial crisis off. A whole series of very questionable decisions by many people, in many places, over a period of years, built up the pressures that led to a sudden collapse of the housing market and of financial institutions that began to fall like dominoes as a result of investing in securities based on housing prices. This book is designed to unravel the tangled threads of that story.

The Art of the Argument shocks the dying art of rational debate back to life, giving you the essential tools you need to fight the escalating sophistry, falsehoods, and vicious personal attacks that have displaced intelligent conversations throughout the world. At a time when we need reasonable and empirical discussions more desperately than ever, The Art of the Argument smashes through the brain-eating fogs of sophistry and mental manipulation, illuminating a path to benevolent power for all who wish to take it.

How can we benefit from the promise of government while avoiding the threat it poses to individual freedom? In this classic book, Milton Friedman provides the definitive statement of his immensely influential economic philosophy - one in which competitive capitalism serves as both a device for achieving economic freedom and a necessary condition for political freedom.