Economics in One Lesson – Pdf free download


Author(s): Henry HazlittDownload  

Publish: Published 1979 by Three Rivers Press (first published 1946)

ISBN: ISBN 0517548233 (ISBN13: 9780517548233)


A million copy seller, Henry Hazlitt’s Economics in One Lesson is a classic economic primer. But it is also much more, having become a fundamental influence on modern “libertarian” economics of the type espoused by Ron Paul and others.

Considered among the leading economic thinkers of the “Austrian School,” which includes Carl Menger, Ludwig von Mises, Friedrich (F.A.) Hayek, and others, Henry Hazlitt (1894-1993), was a libertarian philosopher, an economist, and a journalist. He was the founding vice-president of the Foundation for Economic Education and an early editor of The Freeman magazine, an influential libertarian publication. Hazlitt wrote Economics in One Lesson, his seminal work, in 1946. Concise and instructive, it is also 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 50 years after the initial publication of Economics in One Lesson. Hazlitt’s focus on non-governmental solutions, strong — and strongly reasoned — anti-deficit 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.

Some Reviews: 12,543 ratings 1,051 reviews in


Barry rated it      
This book is exactly like Ayn Rand once put it, “A magnificent job of theoretical exposition.” It shows how the economy really works, shows good examples why this country needs to embrace the ideas of laissez faire capitalism, and introduces perfect examples of why big government doesn’t work in the real world. This book should be required reading in our schools and universities, period.
Amy Sawyer

Amy Sawyer rated it      
Of course this is a simplistic overview; hence “one lesson.” This is a very digestible read for those interested in understanding common themes in economics. There are references in the end for those interested in more in-depth texts on economics. Hazlitt takes a very complicated economic theme and breaks it down for those outside of the field to comprehend the basic principles.
Mark Bates

Mark Bates rated it     
Wow….the more things change the more they stay the same. This is one of those books you want every politician to read and understand. First published in 1946 and updated in the 70’s the issues are the same. Raising minimum wage doesn’t make people rich, nothing is free, it’s better to help people help themselves not just give them stuff…etc…etc..

Node rated it      
Wonder economics primer 

Henry Hazlitt proposes the fallacy central to modern economics and expands on it. Using analogies and great logical explanations, Hazlitt details the roots of economics in a very interesting and easy to follow way. It’s sort of a critique of socialism and left wing economics without saying it is.


Dhaval rated it      
An excellent piece of work for a nonacademic person like me to gain a foothold on economics as a subject. Henry Hazlitt explains thing not by definitions but by examples from everyday life. This makes it easy to correlate and understand the economic fundamentals without getting too much into the humdrum of technicalities.


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