Economics in One Lesson

  • by Henry Hazlitt
  • Narrated by Jeff Riggenbach
  • 6 hrs and 56 mins
  • Unabridged Audiobook

Publisher's Summary

Called by H.L. Mencken, "one of the few economists in history who could really write," Henry Hazlitt achieved lasting fame for his brilliant but concise work. In it, he explains basic truths about economics and the economic fallacies responsible for unemployment, inflation, high taxes, and recession. Covering considerable ground, Hazlitt illustrates the destructive effects of taxes, rent and price controls, inflation, trade restrictions, and minimum wage laws. And, he writes about key classical liberal thinkers like John Locke, Adam Smith, Thomas Jefferson, John Stuart Mill, Alexis de Tocqueville, and Herbert Spencer.

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What the Critics Say

"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)

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Customer Reviews

Most Helpful

Interesting but Lopsided

As an economics novice I hoped this book would deepen my understanding of both micro- and macroeconomics from a domestic and global point-of-view. The book explained quite a few fundamentals of economic principle, and this satisfied some of my curiosity, but there was a marked slant for pure capitalism.

While knowledge of free market workings is certainly beneficial, there was no counterpoint, and too often the author devolves into bashing those that do not share his opinions. I felt that I was listening to a very lopsided argument - one that I certainly can appreciate, being a fiscally conservative Republican by nature - but I also wanted to hear the objective alternative views, which I'm sure exist and hold just as much water to those that believe them.
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- Christopher

The truth about Economics

This book is excellent as it takes the myths that people have about economics and gives instruction on the falsehoods of those statements. Myths people have such as "War is good for the economy" etc. are expertly handled. This book was written some time ago and stands the test of time. These principles ring true years later. If you want to continue to believe that you can get something for nothing or that through higher taxes and more government spending you will have a greater society then don't buy this book. If you want to understand the truth of economics then look no further.
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- Amazon Customer

Book Details

  • Release Date: 12-16-1999
  • Publisher: Blackstone Audio, Inc.