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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. See his complete bibliography. 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 founding board member of the Foundation for Economic Education. FEE was named in his will as his literary executor. FEE sponsored the creation of a complete archive of his papers, letters, and works. 

Henry Hazlitt's Articles

The Five Institutions of the Market Economy

Let us see what the basic institutions of the market economy are. We may subdivide them for convenience of discussion into (1) private property, (2) free markets, (3) competition, (4) division and combination of labor, and (5) social cooperation. As we shall see, these are not separate institutions. They are mutually dependent: each implies the other, and makes it possible.


- November 25, 2016

Can Value Be Measured?

It is only in a special and limited sense that we can legitimately speak of adding, measuring, or quantifying values or satisfactions.

- November 24, 2016

Why Social Rules Are In Your Interest

While conduct should be judged its consequences, it is not specific acts that should be so judged, but general rules of action.

- October 18, 2016

The Social Value of Manners

Moral codes are often ascetic and grim. Manners, on the other hand, usually require us to be at least outwardly cheerful, agreeable, gracious, convivial—in short, a contagious source of cheer to others.

- October 17, 2016

What You Should Know About Inflation

Inflation is the increase in the volume of money and bank credit in relation to the volume of goods. It is always and universally harmful to economic life. 

- September 09, 2015

My Life and Conclusions

This document by Henry Hazlitt provides keen insight into this amazing, erudite, and humane man who wrote what is perhaps the best-selling economics book of the 20th century.

- March 02, 2015

#28 – “Government Spending Brings Jobs and Prosperity”

The broken-window fallacy reminds us to consider the future as well as the present.

- October 24, 2014

Can Unions Really Raise Wages?

A peaceful strike is possible, legitimate, and potentially useful. But the moment workers have to use intimidation or violence to enforce their demands, their case becomes questionable.

- October 03, 2014

Economics in One Lesson

"No other modern book from which the intelligent layman can learn so much about the basic truths of economics in so short a time." ~ F.A. Hayek

- September 22, 2014

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