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Economics Without Illusions: Debunking the Myths of Modern Capitalism

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"Economics is haunted by more fallacies than any other study known to man." — Henry Hazlitt, Economics in One Lesson (1946)

Every day economic claims are used by the media or in conversation to support social and political positions. Those on the left tend to distrust economists, seeing them as friends of the right. There is something to this, since professional economists are almost all keen supporters of the free market. Yet while factions on the right naturally embrace economists, they al...