Economics in One Lesson

Economics in One Lesson

4.3 49
by Henry Hazlitt
     
 

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ISBN-10: 0870004271

ISBN-13: 9780870004278

Pub. Date: 01/01/1979

Publisher: Arlington House Productions

A simple, straightforward analysis of economic fallacies that are so prevalent they have almost become a new orthodoxy.

Overview

A simple, straightforward analysis of economic fallacies that are so prevalent they have almost become a new orthodoxy.

Product Details

ISBN-13:
9780870004278
Publisher:
Arlington House Productions
Publication date:
01/01/1979
Pages:
218

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Economics in One Lesson 4.3 out of 5 based on 0 ratings. 49 reviews.
TomFop More than 1 year ago
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.
Guest More than 1 year ago
Hazlitt uses the example of the 'broken-window' fallacy to critique economic arguments made by people who haven't really thought about what they are saying. The book is great, although a more precise title might have been 'Common Fallacies of Economics.' The main theme of the book is to look at the effects of economic policies not on select groups, but on the whole, and to look at both short-term and long-term consequences.
Anonymous More than 1 year ago
an answer for todays big govt control of the free market and why the solutions offered by big govt always fail and end up needing MORE CONTROL FROM GOVT. also explains the way proponents of big govt forces the discussion away from facts and to feelings and insults to both opponents and the public. (IE. YOU'RE too STUPID to understand economics!) read this to help understand your future and how the past predictions are coming true. it was originally written in 1946 and is more relevant today than ever.
HKarlewicz More than 1 year ago
This book, as the title shows, is purely written about basic economics and basic economic principles that have been developed since Frederic Bastiat. Its good for those that haven't ever taken an economics class since it requires no prior knowledge of economics (to some degree, I would recommend it only for people in High School +). Plus, the book is very revealing. It walks through every failed economic policy, or sophism, he has seen that is in use and explains why they are wrong, along with examples. A good read, and I highly recommend it.
scurvyknave More than 1 year ago
When the economic affairs of the country and overseas are put into such straight forward simple to understand terms, the light bulbs will flash off. You will get the sense that, hey, they're right...when the federal government takes more money out of the private sector and places it into "projects" real inefficiencies and wage distortions are empirically evidenced. God forbid where we are in 2011. (This is not a new text written for these times, but you can see that the shoe still fits). Those that are not cognizant of history are doomed to repeat it.)
Guest More than 1 year ago
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.
Anonymous More than 1 year ago
This book tells about the American economy and various economic policies and things that can happen within the economy. It is a great read and really opens your eyes to how much the government messes with the economy.
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alexpeakdotcom More than 1 year ago
Those who want to vote should be familiar with the economic repercussions of public policy. That in mind, I believe all who wish to vote should, as soon as possible, acquire a copy of this book. Hazlitt's writing isn't always the clearest, but his logic is impeccable. This is THE single most important book I recommend to everyone.
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