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.
Economics in One Lesson by Henry Hazlitt
Re: Economics in One Lesson by Henry Hazlitt
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.
I would highly recommend his foundations of morality.
Re: Economics in One Lesson by Henry Hazlitt
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.
Re: Economics in One Lesson by Henry Hazlitt
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.
Re: Economics in One Lesson by Henry Hazlitt
MES or HA?
Re: Economics in One Lesson by Henry Hazlitt
Man, Economy, and State by Rothbard.