Saturday, July 6, 2013

Economics in One Lesson: The Shortest and Surest Way to Understand Basic Economics

If everyone took the time to learn about economics from a sociological perspective, society might achieve much more than ever before, in a voluntary manner. Unless, that is, people relegate social decision-making to a small group of sad sociopaths. That worked well for Germany, the USSR, Great Britain, and many other prior empires. Now its America's turn, I'm sure the central planners get it right this time... 

Those who fail to learn from the History Channel are doomed to watch it on repeats. 

Hazlitt's gift to us both clears any misconceptions about the science of economics and reinforces it with the moral arguments against violence and coercion by the state. Statists come in all flavor. We must each take up intellectual arms against tyranny to conquer the ruling ignorance that seeks to guide society, it would rather watch us stagnate and suffer. If you think you know anything about economics, let Henry school you. 

Reviews at:
Economics in One Lesson:

Also available for free courtesy the Mises Institute's publishing efforts to bring prosperity to society.

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