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

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9780517548233: Economics in One Lesson: The Shortest and Surest Way to Understand Basic Economics

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Called by H. L. Mencken, one of the few economists in history who could really write, Henry Hazlitt achieved lasting fame for this brilliant but concise work. In it, he explains basic truths about economics and the economic fallacies responsible for unemployment, inflation, high taxes, and recession. Covering considerable ground, Hazlitt illustrates the destructive effects of taxes, rent and price controls, inflation, trade restrictions, and minimum-wage laws. He also writes about key classical liberal thinkers like John Locke, Adam Smith, Thomas Jefferson, John Stuart Mill, Alexis de Tocqueville, and Herbert Spencer.

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

About the Author:

HENRY HAZLITT (1894-1993), was a libertarian philosopher, an economist, and a journalist for the Wall Street Journal, New York Times, and Newsweek, among other publications. He was the founding vice-president of the Foundation for Economic Education and an early editor of The Freeman magazine. He wrote several books and is most well known for his book Economics in One Lesson.

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Henry Hazlitt
Verlag: Random House US Jul 2014 (2014)
ISBN 10: 0517548232 ISBN 13: 9780517548233
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Buchbeschreibung Random House US Jul 2014, 2014. Taschenbuch. Buchzustand: Neu. Neuware - With over a million copies sold, Economics in One Lesson is an essential guide to the basics of economic theory. A fundamental influence on modern libertarianism, Hazlitt defends capitalism and the free market from economic myths that persist to this day. 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 (1894-1993), was a libertarian philosopher, an economist, and a journalist. He was the founding vice-president of the Foundation for Economic Education and an early editor of The Freeman magazine, an influential libertarian publication. Hazlitt wrote Economics in One Lesson , his seminal work, 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 50 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. 224 pp. Englisch. Artikel-Nr. 9780517548233

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