EconTalk

Thomas Sowell on Economic Facts and Fallacies

Feb 25, 2008

01:06:22

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Episode guests

Thomas Sowell

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Episode notes

Introduction

3min

The Failure to Compare Apples to Apples

1min

The Role of Prices in Income Comparisons

3min

The Importance of Distribution of Income

3min

The Fallacy of the System

3min

The Disdain and Greed of Corporate CEOs

3min

The Zero Sum Fallacy

4min

The Differences Between Male and Female Earnings

3min

The Importance of Hours of Work

3min

10.

The Disparate Outcomes for Blacks and Whites

2min

11.

The Importance of Age of Marriage

3min

12.

The Effects of Marriage and Childbearing Age on Blacks

2min

13.

The Paradox of Black Poverty Rates

3min

14.

The Importance of Ideology Over Facts

3min

15.

The Death of Dependency Theory in the 20th Century

4min

16.

The Importance of Asking and Then What

2min

17.

The Importance of Motive in Civil Society

2min

18.

The Role of Natural Resources in World Poverty

3min

19.

The Importance of Natural Resources

2min

20.

The Importance of Emotional Reactions

4min

21.

The Importance of Knowledge in Society

2min

22.

The Conflict of Visions

3min

23.

The Utopia of the Intellectuals

2min

24.

The Importance of Diversity in the United States

2min

25.

The Problem With the Constitution in Europe

2min

26.

The Importance of Diversity in American Culture

2min

Thomas Sowell of Stanford University's Hoover Institution talks with EconTalk host Russ Roberts about the ideas in his new book, Economic Facts and Fallacies. He discusses the misleading nature of measured income inequality, CEO pay, why nations grow or stay poor, the role of intellectuals and experts in designing public policy, and immigration.

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