Economics in One Lesson
- Downloads：1061
- Type：Epub+TxT+PDF+Mobi
- Create Date：2021-06-03 09:55:46
- Update Date：2025-09-06
- Status：finish
- Author：Henry Hazlitt
- ISBN：0517548232
- Environment：PC/Android/iPhone/iPad/Kindle
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Reviews
Ashish Vyas
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He hammers the libertarian view of economics very hard， again a smart view point， although I don't agree with many of his arguments i learned a lot from this 。 He hammers the libertarian view of economics very hard， again a smart view point， although I don't agree with many of his arguments i learned a lot from this 。 。。。more
Geoff
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In an age when governments are madly printing money to pay for stuff it's more desperately needed than ever。 In an age when governments are madly printing money to pay for stuff it's more desperately needed than ever。 。。。more
Ayush Anand
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It’s pretty academic in nature but gives a good overview of fundamental economic concepts related to everyday topics like tariffs， wages， price etc。 Also builds upon Bastiat’s seen/unseen concept。 Interestingly， a lot of fallacies highlighted in the book are still not understood by policy makers World over in search of populist or short term gain。 At times feel draining for someone not too familiar with economics but rewarding book。
Andrew Post
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An absolute must-read for anyone looking to understand the economic fallacies currently plaguing our society， and running rampant among our politicians。 The only reason I didn't give this a five-star rating is because I was expecting it to be a bit more explanatory。 I was looking for a basic primer on economic principles， but this book takes it as understood that the reader understands basic economics and instead focuses on popular economic misconceptions （which are very simply and accessibly ex An absolute must-read for anyone looking to understand the economic fallacies currently plaguing our society， and running rampant among our politicians。 The only reason I didn't give this a five-star rating is because I was expecting it to be a bit more explanatory。 I was looking for a basic primer on economic principles， but this book takes it as understood that the reader understands basic economics and instead focuses on popular economic misconceptions （which are very simply and accessibly explained， with citations）。 This book will find a place of honor on my "Economics" shelf。 。。。more
Errol Lobo
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An excellent introduction to a layman on what can be a rather complex topic。
Swaraj Yadav
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Really liked the book as it takes broken window fallacy， extracts the core principle from it and shows how armed with insight all jargon and debates of economics fall apart to reveal real effects。 Hard to believe it was written in 1946 as it is more relevant today then ever for all governments and their policies in world。 It has started me on Austrian Economics and Liberalism（real one）。
Preston
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I feel like I'm ready to be a fox news economist talking head。 This book seems like a very simplistic very libertarian "free markets good， government intervention bad！" view of economics。 If one were to stop their study of economics here， I feel like they would have an overly simplistic and very incorrect view of economics。 This book may be worth going through to hear this view point but I'm not sure it's worth it。 Meh。 I feel like I'm ready to be a fox news economist talking head。 This book seems like a very simplistic very libertarian "free markets good， government intervention bad！" view of economics。 If one were to stop their study of economics here， I feel like they would have an overly simplistic and very incorrect view of economics。 This book may be worth going through to hear this view point but I'm not sure it's worth it。 Meh。 。。。more
Paul Besancon
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Not exactly a fan of reading nonfiction because most of the time it puts me sleep; however， I do enjoy economics for some weird reason and this was a welcomed treat。 The concepts and， I guess we can call them 'theories' of Henry Hazlitt are fairly straightforward and easy to understand even for someone and dumb as me。 Even if the ideas are debatable and many may disagree with them， they are still interesting and can lead to productive discussions。 There really is a great deal to gain in reading Not exactly a fan of reading nonfiction because most of the time it puts me sleep; however， I do enjoy economics for some weird reason and this was a welcomed treat。 The concepts and， I guess we can call them 'theories' of Henry Hazlitt are fairly straightforward and easy to understand even for someone and dumb as me。 Even if the ideas are debatable and many may disagree with them， they are still interesting and can lead to productive discussions。 There really is a great deal to gain in reading this book as it may give one a different outlook on simple to complex interactions in the economy。 Hazlitt sets up the links between these various interactions and shows how you may or may not contribute to them。 Good stuff in my opinion。 。。。more
Vincent Viitala
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Basics of economics。
Anna
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Hands down the best introduction to economics
Sandesh204
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Best economics book not only for beginner but also for experienced
Cristi C。
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«Economia este o știință care identifică efectele secundare。 Ea este， de asemenea， o știință care identifică efectele generale。 Este știința care investighează efectele unei politici aflate în stadiu de proiect sau deja aplicate nu doar asupra anumitor grupuri de interese speciale， pe termen scurt， ci asupra interesului general， pe termen lung。» （p。 239）«。。。 o cunoaștere superficială a economiei poate conduce cu ușurință la concluzii paradoxale și absurde， însă aprofundarea acestei științe îi re «Economia este o știință care identifică efectele secundare。 Ea este， de asemenea， o știință care identifică efectele generale。 Este știința care investighează efectele unei politici aflate în stadiu de proiect sau deja aplicate nu doar asupra anumitor grupuri de interese speciale， pe termen scurt， ci asupra interesului general， pe termen lung。» （p。 239）«。。。 o cunoaștere superficială a economiei poate conduce cu ușurință la concluzii paradoxale și absurde， însă aprofundarea acestei științe îi readuce pe oameni cu picioarele pe pământ， deoarece studierea în profunzime a științei economice constă în investigarea tuturor consecințelor unei politici și nu în luarea în considerare doar a acelor consecințe care sunt vizibile la prima vedere。» （p。 243-244） 。。。more
Josh
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"Economics in One Lesson" was a great way to remember the lessons that I covered in previous economics classes。 The main idea behind the book is to remind people to weigh the long term and obscured results of economic decisions to make the best decisions for all groups。 Its stuff that everyone that's at all involved in this type of governmental decision making should be aware of and familiar with。 "Economics in One Lesson" was a great way to remember the lessons that I covered in previous economics classes。 The main idea behind the book is to remind people to weigh the long term and obscured results of economic decisions to make the best decisions for all groups。 Its stuff that everyone that's at all involved in this type of governmental decision making should be aware of and familiar with。 。。。more
Kunal
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For someone who has not studied Economics in college **Economics in On Lesson** by Henry Hazlitt was a refreshing first step towards understanding the economic status quo and decisions that led to it。If you want to answers to:Does government freebies and subsidies work？Should government control prices？ rents？ wages？Does union help the workforce？Will common minimum wage work？Does machines reduce jobs？Should you save or spend？This a perfect book to for you。 Not only will it help you understand pri For someone who has not studied Economics in college **Economics in On Lesson** by Henry Hazlitt was a refreshing first step towards understanding the economic status quo and decisions that led to it。If you want to answers to:Does government freebies and subsidies work？Should government control prices？ rents？ wages？Does union help the workforce？Will common minimum wage work？Does machines reduce jobs？Should you save or spend？This a perfect book to for you。 Not only will it help you understand principles of economics in easy to read short chapters but will also explain historic failures of economic policies。Lines which will stay with me are from William Graham Sumner's Essay-"As soon as A observes something which seems to him to be wrong， from which X is suffering， A talks it over with B， and A and B then propose to get a law passed to remedy the evil and help X。 Their law always proposes to determine what C shall do for X or， in the better case， what A， B and C shall do for X。。。。 What I want to do is to look up C。。。。I call him the Forgotten Man。。。。He is the man who never is thought of。 He is the victim of the reformer， social speculator and philanthropist， and I hope to show you before I get through that he deserves your notice both for his character and for the many burdens which are laid upon him。"Irony is C is asked to support more Xs and is called upon to stanch the politician's bleeding heart by paying for his vicarious generosity。 I am going to steal few lines from the book to summarize it， "。。in studying the effects of any given economic proposal we must trace not merely the immediate results but the results in the long run， no merely the primary consequences but the secondary consequences， and not merely the effects on some special group but the effects on everyone。" 。。。more
Kevin Carson
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I originally gave it one star because it's full of so many of the "lessons，" devoid of any historical or institutional context and any critical self-awareness， that right-libertarian trolls have in mind when they tell you to "Study economics！" Then I upgraded it to two because， even so， it's still less stupid than a column by John Stossel or Thomas Sowell or an FEE or FFF op-ed。 I originally gave it one star because it's full of so many of the "lessons，" devoid of any historical or institutional context and any critical self-awareness， that right-libertarian trolls have in mind when they tell you to "Study economics！" Then I upgraded it to two because， even so， it's still less stupid than a column by John Stossel or Thomas Sowell or an FEE or FFF op-ed。 。。。more
Jack Dawes
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Definitely a great book to read with very clear and simple presentations about a complex topic。 The examples and walk-throughs were excellent。 As promised in other reviews， every topic and every "myth" is still fresh and relevant today。 Definitely a great book to read with very clear and simple presentations about a complex topic。 The examples and walk-throughs were excellent。 As promised in other reviews， every topic and every "myth" is still fresh and relevant today。 。。。more
Jessica Monteiro
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Every time I discuss politics with someone I refer to this book， and that is because I think it does a great job of showing different scenarios and the implications of each well known and over tried to solution to unemployment and poverty。 What I like most about this book is how unemotional it is and how it， at least， makes you review what you thought was the best option to improve a country's economy Every time I discuss politics with someone I refer to this book， and that is because I think it does a great job of showing different scenarios and the implications of each well known and over tried to solution to unemployment and poverty。 What I like most about this book is how unemotional it is and how it， at least， makes you review what you thought was the best option to improve a country's economy 。。。more
Allan Laal
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a concise intro with examples to free market economics
Kevin Godinho
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Was sometimes difficult to follow， but sill really really good。
Srikkanth G
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Written in 1946 and then updated 30 years later， is the book still relevant？ Bloody hell， it is。 Rather than calling the book "Economics in One Lession"， I would like it to be rebranded as "Psychology of Economics" because that's what the book is about。 It's about how humans have made mistakes and continue to make mistakes time and again。 What's amazing to read is how all these points reflect to the current COVID situation and the recent Economic crisis the world had to face。 For some reason， we Written in 1946 and then updated 30 years later， is the book still relevant？ Bloody hell， it is。 Rather than calling the book "Economics in One Lession"， I would like it to be rebranded as "Psychology of Economics" because that's what the book is about。 It's about how humans have made mistakes and continue to make mistakes time and again。 What's amazing to read is how all these points reflect to the current COVID situation and the recent Economic crisis the world had to face。 For some reason， we have turned our face against Capitalists and followed the rule of frugality。 After a while， we would turn back to capitalism and then back again。 This back and forth movement， with no long term vision is what's hurting all economies of the world。 While the book is USA focussed， the principles of it doesn't change a lot from country to country。 The main objective of the book is simple， think long term。 However， when politics gets muddled with economics， everything is focussed on short term and immediate gains。 At the end， it's people like us who suffer。 。。。more
Dru
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The revisions on this book really work well for how economics holds true today。
Gabrielė Bužinskaitė
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It is one of those rare books that challenged my whole perception of the world。 Every chapter taught me something new and the book has sharpened my thinking abilities。 First I must point out， that I find the author simply admirable， he reminds me of those intellectual and sharp-tongued seniors， who not only don’t mind offending others， but may secretly enjoy it。 His little bitter remarks made this seriously-written book so much better， for that alone it deserves a good rating。 Talking about the It is one of those rare books that challenged my whole perception of the world。 Every chapter taught me something new and the book has sharpened my thinking abilities。 First I must point out， that I find the author simply admirable， he reminds me of those intellectual and sharp-tongued seniors， who not only don’t mind offending others， but may secretly enjoy it。 His little bitter remarks made this seriously-written book so much better， for that alone it deserves a good rating。 Talking about the book itself， it is a great introduction to anyone who is interested in libertarian economics and free market theory。 The author discusses many ideas in a simplified way while giving real-life examples。 He also debunks some myths and gives you a material to view politician promises in a more critical manner。 However， it wont teach you everything about economics and is pretty one-sided。 “The bad economist sees only what immediately strikes the eye; the good economist also looks beyond。 The bad economist sees only the direct consequences of a proposed course; the good economist looks also at the longer and indirect consequences。 The bad economist sees only what the effect of a given policy has been or will be on one particular group; the good economist inquires also what the effect of the policy will be on all groups。” 。。。more
Jeff Goldfarb
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A while ago I posted on FB and Linked In that it should be a requirement of all politicians of both parties to retake Econ 101 before they take office。 I still stand by that 🙂A friend had a more practical suggestion which was this book， Economics in One Lesson。 It was a very good， easy to read， and relatively short book。 Amazingly， it was written in 1946 and updated in 1978 and still very relevant today。 I still believe that all government officials of both parties need it now more than ever and A while ago I posted on FB and Linked In that it should be a requirement of all politicians of both parties to retake Econ 101 before they take office。 I still stand by that 🙂A friend had a more practical suggestion which was this book， Economics in One Lesson。 It was a very good， easy to read， and relatively short book。 Amazingly， it was written in 1946 and updated in 1978 and still very relevant today。 I still believe that all government officials of both parties need it now more than ever and encourage you to read it as well。 。。。more
Kabir Bedi
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It doesn't have any in-depth view of the field of economics as the title of the book describes， but I still had some expectations from it to be more than just basic clichés， this book is great for people who have never studied any economics before， wont recommend to anybody who already have a bit of economic knowledge。 It doesn't have any in-depth view of the field of economics as the title of the book describes， but I still had some expectations from it to be more than just basic clichés， this book is great for people who have never studied any economics before， wont recommend to anybody who already have a bit of economic knowledge。 。。。more
Todd Leone
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Must read
Amin
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Easy to read and opened my mind to dynamics of government policies and how it affects my daily life。
Seb
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Interesting read， laissez faire economics masterpiece - though relevant for today's environment， an addition of a roadmap for solving today's challenges would be useful！ Interesting read， laissez faire economics masterpiece - though relevant for today's environment， an addition of a roadmap for solving today's challenges would be useful！ 。。。more
Thanh Do
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Pretty well thought and still relevant today though this is pro capitalist and free market which undermines the ideas of taxation and the capability of the government in an economy
Jay S。
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This is one of the most important works of non-fiction written in English in modern world history （not hyperbole）。
Sam Vidačak
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If you want to learn about the basics of economics this is the book。 You learn so much about how wealth is created， the concepts of demand and supply and more。 He also does really well in explaining through evidence and good theory of how government intervention disturbs wealth creation and how it makes a mess of things。 I love his quote towards the end where he says， "More and more people are becoming aware that government has nothing to give them without first taking it away from somebody else If you want to learn about the basics of economics this is the book。 You learn so much about how wealth is created， the concepts of demand and supply and more。 He also does really well in explaining through evidence and good theory of how government intervention disturbs wealth creation and how it makes a mess of things。 I love his quote towards the end where he says， "More and more people are becoming aware that government has nothing to give them without first taking it away from somebody else - or from themselves。" 。。。more
Reference
google book https://www.google.com/search?tbm=bks&q=Economics in One Lesson
hathitrust digital library https://babel.hathitrust.org/cgi/ls?q1=Economics in One Lesson&field1=ocr&a=srchls&ft=ft&lmt=ft