Questions About Economic Facts and Fallacies

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Basic Economics is a hefty tome. Be that as it may, is it recommended that I read Economic Facts and Fallacies first then eventually make my way to Basic Economics? Or do I need to read Basic Economics first?

Stetson Although you can read them in any order and understand most of the text, you may wish to structure your reading order by your background. If you have …moreAlthough you can read them in any order and understand most of the text, you may wish to structure your reading order by your background. If you have some understanding of basic economics, then jump to Economic Facts and Fallacies. If you don't, read Basic Economics first.

As you probably know, Sowell's perspective on economic theory and history is right-of-center (his politics in general are conservative). He also tends toward qualitative (rather than quantitative) approaches. However a significant portion of Economic Facts and Fallacies is dedicated to criticizing particular economic statistics/measurements for their limitations and misuse. I would recommend reading even more broadly than just Sowell for a comprehensive perspective on economics, especially given the current state of the field has a much more quantitative bent and narrow focus.

Overall, Sowell's books are great reads and full of interesting insights. So I recommend reading as much of him as you have time for.(less)

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