Economics in One Lesson. Book Summary

Share

Henry Hazlitt

What’s inside

Hazlitt elucidates the principles of economics in a way that is comprehensible to the average reader, demystifying complex economic concepts.

You’ll Learn

  • Understanding fundamental economic principles
  • Recognizing common economic fallacies
  • Informed perspective on government policies
  • Ability to critically evaluate economic arguments

Key Points

  • The Broken Window Fallacy
  • The Illusion of Government Spending
  • The Curse of Machinery
  • Spread-the-Work Schemes
  • Disbanding Troops & Bureaucrats
  • Credit Diverts Production
  • The Mirage of Inflation

Who’s it For

  • Students of Economics
  • Policy Makers
  • Entrepreneurs
  • General Readers seeking economic literacy

About the author

Henry Hazlitt was a journalist, literary critic, economist, and philosopher known for his advocacy of free market economics.