Customer Reviews for

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

Average Rating 4.5
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Most Helpful Favorable Review

14 out of 14 people found this review helpful.

A Factual Understanding of How an Economy Truly Works

I have an undergraduate degree in economics and highly recommend this book. Despite it having been written more than 60 years ago its wisdom is timeless, and describes the actual functions of market systems vs command economies. Upon completion of this book you will hav...
I have an undergraduate degree in economics and highly recommend this book. Despite it having been written more than 60 years ago its wisdom is timeless, and describes the actual functions of market systems vs command economies. Upon completion of this book you will have a better understanding of economics than do our national leaders. Hazlitt informs his readers of both the short term and long term consequences of most forms of political manipulation of the market. Pay attention to the inflation chapter, as Hazlitt, in the final paragraph, correctly predicted our current financial situation.......60 years ago! If only more people understood the danger of the Fed and other market interventions.

posted by TomFop on January 8, 2009

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Most Helpful Critical Review

5 out of 6 people found this review helpful.

tough

Hazlitt is tough. No he is not difficult. There are no real jargon. He is a master of argumentaion. It doesn't matter what his idealogy is. (He is a hard core classic econ.) AFter reading this, you will be able to argue economics whatever way you want to. I was surprise...
Hazlitt is tough. No he is not difficult. There are no real jargon. He is a master of argumentaion. It doesn't matter what his idealogy is. (He is a hard core classic econ.) AFter reading this, you will be able to argue economics whatever way you want to. I was surprised by myself. I aquired enough vocab and fucion of econ to do some arguing on my own. Yes, this is my first book on the subject. And I may be naive. But worth the buck.

posted by Anonymous on April 26, 2006

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  • Posted November 27, 2009

    One-sided, illogical.

    If you want to learn about economics strictly from the Austrian school of thought, read this. If you want to learn about economics, read something less biased. Or at least something that wasn't written in 1946. This guy thinks he has "debunked" John Maynard Keynes but he really hasn't. To read this book you'd think that liberals were out there, waiting to break windows in order to waste your tax dollars. Instead of representing Keynes' argument accurately, Hazlitt makes broad generalizations that mislead. If you're serious about the subject, read something less bias.

    4 out of 28 people found this review helpful.

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    Posted August 2, 2013

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    Posted September 27, 2011

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