Thomas Sowell Delivers Inconvenient Truths

By Heather Wilhelm

Economic Facts and Fallacies
By Thomas Sowell
Perseus Publishing, December 2007

In his discussion of income, Sowell cites a currently popular political lament: the impending "demise" of the American middle class. This widely-accepted assertion, he writes, is simply a function of statistical voodoo: defining a "middle class" income bracket (say, $35,000 to $50,000), claiming it is shrinking, and then ignoring the fact that the bracket is shrinking because average incomes are moving up, not down, the curve.

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