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
This is considered one of the great works of economics, so it stands to reason it's worth reading. While the narration is a bit "old-timey," it's a superbly educational read. You'll learn a lot, I promise.
Everything from rent control to price control to market subsidies to inflation covered in amazing detail, and centered around the idea that peoples' mistakes about economics usually are that they either look only at the near-term or only the long-term, but good analysis involves both, and that's what Hazlitt does on every issue covered in this book.
the other clearly identifies the root cause of almost all problems we have today. the revision notes were essential as once the topic is understood even the social issues we have today that dont appear to have to do with economics, racism ect., can be linked to problems identified. the reader was excellent for this book. a dryer tone to match the material but just enough emotional input to establish a well thought out convincing argument - without fallacy or subversion
The author explains in a very easy way the main economic processes, maybe because he is a journalist instead of an academic economist. As a Spanish native speaker, for me was very useful the clear pronunciation of this audible book.