Economics in One Lesson,
by Henry Hazlitt. If you’d like to read a very lucid
discussion and explanation of important, yet frequently misunderstood,
economic issues such as unemployment, taxes, tariffs, rent controls,
unions and the minimum wage, this eye-opening book is for you. It was
originally published in 1946 (and last updated in 1979) by Hazlitt, who
served as an editorial writer for the New York Times and as a
columnist for Newsweek. This timeless and very easy to read book
presents a clear distinction between the frequently desirable short-term
economic effects and the frequently undesirable long-term effects of
many political solutions to economic problems. If there were a prize
awarded to the author who dispelled the most economic misperceptions in
one book, Hazlitt would certainly be in the running for first place.
Throughout its fast-paced chapters, this book provides some of the most
cogent and powerful arguments that you’ll find for the effectiveness of
free and competitive markets. If you read only one book on economics in
your life, this should be that book. However, if you read this book,
you may well find yourself eager to read others and learn more about
economics. |

ISBN:
0930073193
Format: Paperback, 205pp
Pub. Date: July 1996
Publisher: Fox & Wilkes
“It is a brilliant performance. It says precisely the things which most
need saying and says them with a rare courage and integrity. I know of
no other modern book from which the intelligent layman can learn so much
about the basic truths of economics in so short a time.”
F. A. Hayek
“He is one of the few economists in human history who could really
write.”
H. L. Mencken
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