Economics In One Lesson(ISBN=9780517548233)

Hazlitt was a remarkably lucid writer, and this short book is justly regarded as a classic....But it comes across even better in Jeff Riggenbach's interpretation. Riggenbach has a knack for making routine discursive sentences come alive...he could be a college professor lecturing, the kind of lecturer who really can teach. He sounds reasonable, engaging and thoroughly likeable. --AudioFile

If there were a Nobel Prize for clear economic thinking, Mr. Hazlitt s book would be a worthy recipient...like a surgeon s scalpel, it cuts through...much nonsense that has been written in recent years about our economic ailments. --J. W. Hanes (former undersecretary of the treasury)

A million copy seller, Henry Hazlitt's "Economics in One Lesson" is a classic economic primer. But it is also much more, having become a fundamental influence on modern "libertarian" economics of the type espoused by Ron Paul and others. 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. Many current 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.

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.

PREFACE TO THE NEW EDITION
PREFACE TO THE FIRST EDITION
PART ONE: THE LESSON
The Lesson
pART TWO: THE LESSON APPLIED
The Broken Window
The Blessings of Destruction
Public Works Mean Taes
Taes Discourage Production
Credit Derts Production
The Curse of Machinery
Spread-the-Work Schemes
Disbanding Troops and Bureaucrats
The Fetish of Full Employment
Who's "Protected" by Tariffs?
 The Dre for Eports
"Parity" Prices
Saving the  Industry
How the Price System Works
"Stabilizing" Commodities
Government Price-Fng
What Rent Control Does
Minimum Wage Laws
……