Economics in One Lesson by Henry Hazlitt

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Lemur
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Economics in One Lesson by Henry Hazlitt

Post by Lemur » Wed Sep 13, 2017 11:23 am

I really enjoyed this book and read through it in about 4 days which is a record for me on a book of this size. If anyone read this book, what were some of your major takeaways?

I can't help but feel like becoming an evil capitalist now after reading this text but the book was logically reasonable. It swayed my thinking on minimum wage at least though I need to do more research into that topic specifically. Another big takeaway I got from this book is remember the consequences of the other party, the invisible man that is not seen when every economic decision is made. For instance, we may be sad that John Doe lost his coal mining job, and we may begin to protest Congress to do something about it, but we failed to recognize that somewhere a solar panel installer job was created out of the changing market.

leeholsen
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Re: Economics in One Lesson by Henry Hazlitt

Post by leeholsen » Wed Sep 13, 2017 2:13 pm

I have read this also and do like it as I am an evil capitalist and proud of it.

I would highly recommend his foundations of morality.

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BRUTE
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Re: Economics in One Lesson by Henry Hazlitt

Post by BRUTE » Wed Sep 13, 2017 11:30 pm

it's a good gateway drug into Austrian Economics. now Lemur can start reading Man, Economy, and State by Rothbard. then Human Action by Mises.

Lemur
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Re: Economics in One Lesson by Henry Hazlitt

Post by Lemur » Thu Sep 14, 2017 12:25 pm

BRUTE wrote:
Wed Sep 13, 2017 11:30 pm
it's a good gateway drug into Austrian Economics. now Lemur can start reading Man, Economy, and State by Rothbard. then Human Action by Mises.
Brute; I'm actually on page 17 of this book! Enjoying it so far but reading slower because it is already a bit more technically detailed.

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BRUTE
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Re: Economics in One Lesson by Henry Hazlitt

Post by BRUTE » Thu Sep 14, 2017 9:38 pm

MES or HA?

Lemur
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Re: Economics in One Lesson by Henry Hazlitt

Post by Lemur » Fri Sep 15, 2017 9:22 am

Man, Economy, and State by Rothbard.

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