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Economics
in
One
Lesson
A million-copy seller, Henry Hazlitt8217sEconomi
cs
in One Lesson is a classic economic
primer. But it is also much more, having become a
fundamental influence on modern 8220liertarian
8221economics of the type espoused by Ron Paul
and others. Called by H. L. Mencken 8220onof
the few economists in history who could really
write,8221Henry Hazlitt achieved lasting fame
for this brilliant but concise work. In it, he
explains basic truths about economics and the
economic fallacies responsible for
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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. Hazlitt8217sfocus on non-
governmental solutions, strong8212an strongly
reasoned8212anideficit 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.
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Bestselling
Economics in One Lesson
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