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Economics in One Lesson Audiobook

Economics in One Lesson

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Publisher's Summary

Called by H.L. Mencken, "one of the few economists in history who could really write," Henry Hazlitt achieved lasting fame for his 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. And, he writes about key classical liberal thinkers like John Locke, Adam Smith, Thomas Jefferson, John Stuart Mill, Alexis de Tocqueville, and Herbert Spencer.

©1962, 1979 by Henry Hazlitt; (P)1996 by Blackstone Audiobooks

What the Critics Say

"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)

What Members Say

Average Customer Rating

4.2 (965 )
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  •  
    steve j harwater 04-24-16
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    "What a great starter book for economics"

    Very informative, well written and interesting. I would reccomend his book on inflation next up.

    0 of 0 people found this review helpful
  •  
    Rob H. 03-20-16
    Rob H. 03-20-16 Member Since 2016
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    "Thank you so very much."

    I listened to this book because a friend had given a copy to my wife. I'm very glad to now have a much better understanding and way to explain to others why social programs simply don't help. And why redistribution of wealth is a horrible idea economically.

    0 of 0 people found this review helpful
  •  
    josef 02-03-16
    josef 02-03-16 Member Since 2014
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    "Should be a topic for all high-school graduates "

    If everyone reads this book we do not have to struggle with wars on anything.

    0 of 0 people found this review helpful
  •  
    Philip Ann Arbor, MI, United States 01-30-16
    Philip Ann Arbor, MI, United States 01-30-16 Member Since 2015
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    "Good info, wrong title"

    The title should have been: "Why The Government Should Stay Away From Economics And People's Lives".

    0 of 0 people found this review helpful
  •  
    Oakland Citizen Oakland, CA, USA 11-13-15
    Oakland Citizen Oakland, CA, USA 11-13-15 Member Since 2015

    Oakland Citizen

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    "Vile and nauseating garbage propaganda"

    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.

    0 of 0 people found this review helpful
  •  
    Richard Fisher 10-25-15
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    "One of the greatest books in economics"

    Ranks with the works of Adam Smith and Ludwig Von Mises as the greatest in economics

    0 of 0 people found this review helpful
  •  
    Thomas 10-21-15
    Thomas 10-21-15 Member Since 2009
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    "Dripping with contempt"

    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.

    0 of 0 people found this review helpful
  •  
    David 09-08-15
    David 09-08-15 Member Since 2011
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    "This should be required reading"

    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.

    0 of 0 people found this review helpful
  •  
    James Morris 08-16-15

    James Morris

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    "Insane economic policies and their effect"

    Explains cause and effect of insane unsustainable economic policies. And how they can be turned around.

    0 of 0 people found this review helpful
  •  
    Brent 08-13-15
    Brent 08-13-15 Member Since 2015
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    "Even more pertinent now than when written"

    Easy to follow reasoning highlighting the hidden consequences of economic intervention. Highly recommended...especially to Janet Yellen and all elected officials

    0 of 0 people found this review helpful

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