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Economics in One Lesson (full text)

The fastest and best way to discover economic basics

SEPTEMBER 24, 2014 by HENRY HAZLITT

Filed Under : Broken Window Policy, Austrian Economics, Capitalism, Central Planning, Competition, Collectivism, Communism, Comparative Advantage, Coercion, Division of Labor, Economic Nationalism, Depression, Free Market, Government, Free Trade, Inflation, Interventionism, Government Intervention, Scarcity, Essential

Economics in One Lesson by Henry Hazlitt

This primer on economic principles brilliantly analyzes the seen and unseen consequences of political and economic actions. In the words of F.A. Hayek, there is "no other modern book from which the intelligent layman can learn so much about the basic truths of economics in so short a time."

Downloads: Free PDF | Abridged Audio Book read by Henry Hazlitt himself. 

Also check out our full text version of  The Law.


 

ABOUT

HENRY HAZLITT

Henry Hazlitt (1894-1993) was the great economic journalist of the 20th century. He is the author of Economics in One Lesson among 20 other books. He was chief editorial writer for the New York Times, and wrote weekly for Newsweek. He served in an editorial capacity at The Freeman and was a board member of the Foundation for Economic Education. 

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December 2014

Unfortunately, educating people about phenomena that are counterintuitive, not-so-easy to remember, and suggest our individual lack of human control (for starters) can seem like an uphill battle in the war of ideas. So we sally forth into a kind of wilderness, an economic fairyland. We are myth busters in a world where people crave myths more than reality. Why do they so readily embrace untruth? Primarily because the immediate costs of doing so are so low and the psychic benefits are so high.
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