©1962, 1979 by Henry Hazlitt; (P)1996 by Blackstone Audiobooks
"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)
One of the great tragedies is that economics isn't sexy or easy to understand, so baseless emotional arguments win our over reason.
Economics in One Lesson makes Econ a little sexier and a lot easier to understand.
The reader does sound like my old math teacher though, which is unfortunate
I was very disappointed with this book. I purchased the book with the intention of learning the basics of economics to help me better understand the subject for a class I was taking. I didn't feel I learned anything that would have helped prepare me for the class other than a little on politics and taxes.
Be more informative about the subject the title portrays, or change the title as it is misleading.
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.
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