I wish our government would read or listen to this book.
like most books they get a little wordy and over use examples to ensure understanding but could have been a little shorter and still been great.
The next time a politician tries to sell you a boondoggle in the name of "job creation," you'll be ready to call "shenanigans" for having read this book.
Short version, when considering economic policies, stop focusing attention only on the particular and the short-term. Oh, and be honest about the real impact on the particular and short-term, while you're at it, as it often isn't nearly the boon protectionists, panderers and labor bosses claim it to be.
When all factors are considered, the economy nearly always suffers net harm by policies that prop up inefficient and uncompetitive industries.
Regarding the book, I found it engaging and eye-opening. I whole-heartedly recommend it to anyone as a quick primer on the underlying thinking that has turned us into a culture of debtors.
Listening to this book was hard work, and very little came out of it. Obvious, rudimentary and simple ideas about economics, written in foggy, abstract and unnecessary long sentences sentences. If you enjoy what I just described, you're in for a ride..
Has little news, and quite superficial in what matters. Would be best going to Mises and Hayek.
No. Because time is scarce
Warning this is anything but a lesson in economics. It is anti-government, anti-worker, misanthropic, nanny state, neoliberal, dog-whistle, reactionary, conservative bullshit. Advocates loose, uncritical treatment of banks and increased suspicion of employees and democratic institutions. Painfully dated source references. Even asserts that child labor ceased merely because "the economy has improved and they were no longer needed." Discusses the function of banks without mention the profit made on the interest derived on loans. Comically shallow and self-serving arguments from beginning to end. I want a refund. This is not a book. It is a feudal state pamphlet.
I did not appreciate the tendency of the author to belittle any and all that schools of thought that disagree with him. This tendency subtracts from the arguments being presented and weakens his case. If the author truly believed his ideas superior then such tactics wouldn't be necessary.
It's amazing how relevant this decades old text still is today. The simplicity of Hazlitt's thesis and its potential impact on the economy of our country is why I suggest this should be required reading for every single school child before receiving a diploma. This book contains something for everyone to chew on regardless of your level of understanding of basic economics. It is also a blunt reminder of how rational thought has succumbed to political interests.