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Title	:	Economics in One Lesson: The Shortest & Surest Way to Understand Basic Economics
Author	:	Henry Hazlitt
Book Format	:	Paperback
Book Edition	:	First Edition
Pages	:	Pages: 218 pages
Published	:	1979 by Three Rivers Press (first published 1946)
Categories	:	Economics. Nonfiction. Business. Politics. Finance

Economics in One Lesson: The Shortest & Surest Way to Understand Basic Economics

Henry Hazlitt

Paperback | Pages: 218 pages

Rating: 4.21 | 14067 Users | 1220 Reviews

Narration In Pursuance Of Books Economics in One Lesson: The Shortest & Surest Way to Understand Basic Economics

A million copy seller, Henry Hazlitt’s Economics in One Lesson is a classic economic primer. But it is also much more, having become a fundamental influence on modern “libertarian” economics of the type espoused by Ron Paul and others.

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 Lesson, his seminal work, in 1946. Concise and instructive, it is also deceptively prescient and far-reaching in its efforts to dissemble economic fallacies that are so prevalent they have almost become a new orthodoxy.

Many current economic commentators across the political spectrum have credited Hazlitt with foreseeing the collapse of the global economy which occurred more than 50 years after the initial publication of Economics in One Lesson. Hazlitt’s focus on non-governmental solutions, strong — and strongly reasoned — anti-deficit position, and general emphasis on free markets, economic liberty of individuals, and the dangers of government intervention make Economics in One Lesson, every bit as relevant and valuable today as it has been since publication.

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Original Title:	Economics in One Lesson
Edition Language:	English

Rating Out Of Books Economics in One Lesson: The Shortest & Surest Way to Understand Basic Economics

Ratings: 4.21 From 14067 Users | 1220 Reviews

Critique Out Of Books Economics in One Lesson: The Shortest & Surest Way to Understand Basic Economics

This book is an excellent, concise introduction to one particular kind of economic thinking: the idea that an economy works best if left to free market forces alone, and that any kind of government intervention is bad and disturbs the economy, rather than improving it.This is what I like about the book: I have never seen such a clear exposition of this line of thinking. And this is my greatest disappointment: That these ideas are presented as the only possible way to understand economics, the

That was not just one lesson.

Dated slog written in 1946 by someone who was obviously still angry about FDR and the New Deal. Why is it so popular now? My theory is that the same people who believe this dreck are the ones who think America needs a certain NY real estate developer.

This is a true Economics for Dummies book. It can be useful in case you want something handy to bang over an economic nit-wit's head on short notice. Only such a dummy would be unable to puncture your simplistic arguments or need them in the first place. Beyond that, it is hard to envisage much use for this volume, whether for serious discussion or for serious reflection. So if the initial bang was not good enough and if you pack no other arsenal, you might as well get out of there, and fast.

This book smacks down Keynesian economics with good ol' Austrian economics. Highlights (these are from memory so they may not be verbatim):"Inflation is the opiate of the masses" (LOVE the shoutout to Marx!)"Inflation is taxation of the most regressive kind.""The art of economics is not just seeing the immediate but the long term effects of any act or policy. You must trace the consequences of that policy not only for one group but for every group."I love the chapters on inflation, unions, free

If you want to read about Austrian economics and hear about how Keynesian economists are out there in the night, conspiring to tax you and build useless bridges for giggles, then read this book. If you know anything about economics and think about what you're reading, you'll see an agenda. Many generalizations and exaggerations are made to portray advocates of Keynesian economics as moronic and simple-minded.Hazlitt doesn't say the government takes money from the rich and give to the poor; he

As of this writing, the 1946 first edition of this book, a good introduction to Libertarian thought, is available as a free, 200-page, slow-downloading .pdf file from the URL on the Goodreads page for this book. The link is just below the ISBN and original title (same link here). For a free, but faster-loading, .html version of this book from the same source, readable in any web browser, click here.However, like an idiot, I paid $9.99 on Amazon. It's the second edition of the book, from 1978,