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Henry Hazlitt
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Economics in One Lesson
With over a million copies sold, Economics in One Lesson is an essential guide to the basics of economic theory. A fundamental influence on modern libertarianism, Hazlitt defends capitalism and the free market from economic myths that persist to this day. Considered among the leading economic thinkers of the “Austrian School,” which includes Carl Menger, Ludwig von Mises, Friedrich (F.A.) Hayek, and others, Henry Hazlitt (1894-1993), was a libertarian philosopher, an economist, and a journalist. He was the founding vice-president of the Foundation for Economic Education and an early editor of The Freeman magazine, an influential libertarian publication. Hazlitt wrote Economics in One Les...
Summary of Henry Hazlitt's Economics in One Lesson
Buy now to get the main key ideas from Henry Hazlitt's Economics in One Lesson Almost all major governments around the world adopt policies that are influenced, if not entirely determined, by economic fallacies. In Economics in One Lesson (1946), Henry Hazlitt analyzes fallacies so common that they have formed ground rules in economics. By shedding light on employment, inflation, imports and exports, supply and demand, wages, and tariffs, Hazlitt aims to reveal economic concepts that may be considered brilliant but are in fact renewed versions of old fallacies.
Thinking as a Science
"Books on thinking": pages 248-251.
Will Dollars Save the World?
An analysis of the Marshall plan. Bibliography: p. 95.
Summary of Henry Hazlitt's Economics In One Lesson
Please note: This is a companion version & not the original book. Sample Book Insights: #1 Economics is haunted by more fallacies than any other discipline. The field is full of people who see only the immediate effects of a policy, and ignore its long-term effects on all groups. #2 The most common economic fallacies today are the result of ignoring this lesson. The opposite error is also possible: focusing only on the immediate consequences of an act or proposal. #3 The basic lesson of economics is to understand and recognize the fallacies that stand in the way of understanding and recognizing the lessons. Through examples, we can learn to detect and avoid the crudest and most blatant fallacies first, and then some of the most sophisticated and elusive.
