Various Retailers have
Economics in One Lesson: The Shortest and Surest Way to Understand Basic Economics (eBook) by Henry Hazlitt for
$1.99.
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phoinix for finding this deal.
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About this book:
- 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 wrote Economics in One Lesson 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.
- Economic commentators across the political spectrum have credited Hazlitt with foreseeing the collapse of the global economy which occurred more than fifty 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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"The book Economics in One Lesson is generally associated with a right‑of‑center, free‑market/libertarian perspective in U.S. political terms.
Author and school of thought
- The author, Henry Hazlitt, was a journalist‑economist linked to the Austrian and classical liberal tradition, which strongly emphasizes individual choice and limited government.
- That tradition in U.S. politics overlaps heavily with modern libertarian and conservative economic thought rather than with progressive or social‑democratic views.
Policy positions in the book- The book advocates free trade, opposes price controls, criticizes most government "stimulus" spending, and is skeptical of monetary and fiscal intervention by the state.
- It treats many pro‑intervention or pro‑welfare‑state arguments as "fallacies," which lines up more with right‑leaning and libertarian critiques of big government than with left‑leaning economic policy.
How readers often classify it- Supportive readers tend to recommend it as a clear defense of free markets and a critique of Keynesian or interventionist economics.
- Critical readers commonly describe it as ideological or propagandistic, arguing that it downplays issues like inequality, externalities, and historical examples of successful government programs, which are priorities more associated with the economic left.
So while it presents itself as "basic economics," the framing and policy conclusions come from a free‑market / libertarian‑right economic viewpoint rather than a politically neutral or left‑of‑center one."- The author, Henry Hazlitt, was a journalist‑economist linked to the Austrian and classical liberal tradition, which strongly emphasizes individual choice and limited government.
- That tradition in U.S. politics overlaps heavily with modern libertarian and conservative economic thought rather than with progressive or social‑democratic views.
Policy positions in the book- The book advocates free trade, opposes price controls, criticizes most government "stimulus" spending, and is skeptical of monetary and fiscal intervention by the state.
- It treats many pro‑intervention or pro‑welfare‑state arguments as "fallacies," which lines up more with right‑leaning and libertarian critiques of big government than with left‑leaning economic policy.
How readers often classify it- Supportive readers tend to recommend it as a clear defense of free markets and a critique of Keynesian or interventionist economics.
- Critical readers commonly describe it as ideological or propagandistic, arguing that it downplays issues like inequality, externalities, and historical examples of successful government programs, which are priorities more associated with the economic left.
So while it presents itself as "basic economics," the framing and policy conclusions come from a free‑market / libertarian‑right economic viewpoint rather than a politically neutral or left‑of‑center one."Leave a Comment