Economics in One Lesson

By: Henry Hazlitt

Narrated by: Jeff Riggenbach

Length: 6 hrs and 55 mins

Publisher's summary

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. Called by H. L. Mencken “one of the few economists in history who could really write,” Henry Hazlitt achieved lasting fame for this brilliant but concise work. In it, he explains basic truths about economics and the economic fallacies responsible for unemployment, inflation, high taxes, and recession, as well as illustrating the destructive effects of taxes, rent and price controls, inflation, trade restrictions, and minimum-wage laws.

Economics in One Lesson is 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 fifty years after the initial publication of this seminal work. Hazlitt’s focus on non-governmental solutions, strong—and strongly reasoned—antideficit 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.

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

Critic reviews

"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)

Brutally Honest and Simple Econ Lesson

Very enlightening book. Every voting citizen should listen to this lesson. Hazlitt will challenge your preconceived notions of economics and their respective policy.

Should be required reading in highschool

All high schoolers should read this. It will expand your knowledge level in the area of economics so much in such a short period, very short book. The fact that it's basic economics means it is super applicable and easily digestible.

Great book

Great book!! Must read for a understanding of basic economics. I hope more people listen to book.

A must read for the economics beginner!

What made the experience of listening to Economics in One Lesson the most enjoyable?

The book was easy to read and follow along with. The book's content was very intellectually enlightening and contains necessary information for anyone who is just starting to learn about economics.

What did you like best about this story?

Economic concepts are well illustrated by easy-to-understand examples.

What about Jeff Riggenbach’s performance did you like?

Jeff Riggenbach's reading of this book was well done. His tone enhances the reader's ability to interpret the information in the book.

What’s an idea from the book that you will remember?

The United States' economics policies have, for the most part, only hurt the economy.

Any additional comments?

I would highly recommend this book to anyone who handles any amount of money!

What a great starter book for economics

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

This book does not get old.

Listening to this book, originally written in the 1940s, then published with additions in the 1970s, I was impressed with the truths that have stayed the same from the 1940s until today.

2nd/3rd/4th order effects.

Great book. Author goes over long run consequences and the equal and opposite reactions always ignored by Keynesian economists.

TANSTAAFFL AND A is A.

Simple, powerful and Clear. Which is why it confuses magical thinkers and the politicians that used them

what a class

tough to finish but worth the effort. The reader was excellent and easy to understand

Excellent

Everyone must hear this. The author has such clarity in thought.
Audio is very good as well. My audible subscription has been worth it,
thank to this.