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A review by tim_michiemo
Economics in One Lesson by Henry Hazlitt
5.0
4.5 Stars
This is the first-ever book on economics that I have ever read, and I thoroughly enjoyed it. The mastery in Hazlitt's book is his simple explanation of economics, specifically the fundamentals of classical economics. His central thesis is that good economics considers the full range of an economic policies' consequences, rather than its immediate or temporary consequences. As you travel through numerous economic issues throughout the book Hazlitt explains things in a way that makes you say, "well that makes sense". But at the same time Hazlitt's book will scare you because many of the economic fallacies that Hazlitt deconstructs are many of the economic policies that run our country today. I think this book is a great place to start to get a basic understanding of economics and to grow in wisdom and understanding.
This is the first-ever book on economics that I have ever read, and I thoroughly enjoyed it. The mastery in Hazlitt's book is his simple explanation of economics, specifically the fundamentals of classical economics. His central thesis is that good economics considers the full range of an economic policies' consequences, rather than its immediate or temporary consequences. As you travel through numerous economic issues throughout the book Hazlitt explains things in a way that makes you say, "well that makes sense". But at the same time Hazlitt's book will scare you because many of the economic fallacies that Hazlitt deconstructs are many of the economic policies that run our country today. I think this book is a great place to start to get a basic understanding of economics and to grow in wisdom and understanding.