As Josh Billings famously said, “It’s not what you don’t know that gets you in trouble. It’s the stuff you do know that just ain’t so.” Delightfully, it turns out Josh Billings never said this; neither did Mark Twain, or any of the other people who usually get credit. Misattributing a quote about false “knowledge” is a perfect introduction to this delightful book. It turns out that economics is not intuitive, for most people. Opportunity cost and unintended consequences are rarely considered, much less understood, by most people. Unfortunately, many of the most confused people are public officials. After reading this book, you may not understand economics perfectly. But you will be able to avoid believing six important “truths” that just ain’t so.

Michael Munger
Professor of Political Science
Duke University

In carrying out his project, Fuller follows Frederic Bastiat and Henry Hazlitt, and he is a worthy successor of them, whom he calls “economics’ greatest communicators.”

-David Gordon
Editor
Mises Review

Even if the discipline of economics is not exactly the dismal science that Carlyle said it was, it is surely one of the least understood and most mischievous of disciplines owing to the myths and downright lies that surround it.  Dr. Caleb S. Fuller abolishes such myths. Standing in the tradition of the likes of Fredrick Bastiat’s The Law, Rose Wilder Lane’s The Discovery of Freedom, Henry Hazlitt’s Economics in One Lesson, we now have Professor Fuller’s highly readable, No Free Lunch: Six Economic Lies You’ve Been Taught and Probably Believe. Anyone who wants to have a well-rounded education will not want to be without the knowledge this book contains

-Fr. Robert Sirico
President
The Acton Institute

In No Free Lunch, Caleb Fuller masterfully explains the principles of economics and illuminates how they matter for human well-being. In doing so, he joins the ranks of the great economic communicators— Frédéric Bastiat, Henry Hazlitt, and Walter Williams—in demonstrating the power of the economic way of thinking for making the world a better and more prosperous place. 

-Christopher J. Coyne
Professor of Economics
George Mason University

A welcome addition to the literature striving to eradicate one of the greatest social ills humanity faces— basic economic illiteracy.

Peter J. Boettke
University Professor Economics and Philosophy
George Mason University