Now Playing:Thomas Sowell talks about his new book Economic Facts and Fallacies
Description: Peter Robinson speaks with Thomas Sowell about his new book Economic
Facts and Fallacies in which Sowell exposes some of the most popular
fallacies about economic issues. Sowell takes on the conventional
thinking on a wide swath of Americas economic life, from male-female
economic differences to income stagnation, executive pay, and social
mobility to economics of higher education. In all cases he
demonstrates how economics relates to the social issues that deeply
affect our country.