The Lesson Restated – Henry Hazlit
BY HENRY HAZLIT
Economics In One Lesson, Part Three, Chapter 24: The Lesson Restated
Economics, as we have now seen again and again, is a science...
The Assault on Savings
BY HENRY HAZLIT
Economics In One Lesson, Chapter 23
From time immemorial proverbial wisdom has taught the virtues of saving, and warned against the consequences of...
The Mirage of Inflation
BY HENRY HAZLIT
Economics in One Lesson, Chapter 22
I have found it necessary to warn the reader from time to time that a certain result...
The Function of Profits
BY HENRY HAZLIT
Economics In One Lesson, Chapter 21
The indignation shown by many people today at the mention of the very word “profits” indicates how...
“Enough to Buy Back the Product”
BY HENRY HAZLITT
Economic in One Lesson, Chapter 20
Amateur writers on economics are always asking for “just” prices and “just” wages. These nebulous conceptions of...
Who’s “Protected” by Tariffs?
BY HENRY HAZLITT
Economics In One Lesson, Chapter 11
A mere recital of the economic policies of governments all over the world is calculated to cause...
The Fetish of Full Employment
BY HENRY HAZLITT
Economics In One Lesson, Chapter 10
The economic goal of any nation, as of any individual, is to get the greatest results with...
Disbanding Troops and Bureaucrats
BY HENRY HAZLITT
Economics In One Lesson, Chapter 9
When, after every great war, it is proposed to demobilize the armed forces, there is always a...
Spread-The-Work Schemes
BY HENRY HAZLITT
Economics In One Lesson, Chapter 8
I have referred to various union make-work and featherbed practices. These practices, and the public toleration of...
The Curse of Machinery
BY HENRY HAZLITT
Economics In One Lesson, Chapter 7
Among the most viable of all economic delusions is the belief that machines on net balance create...
Credit Diverts Production
BY HENRY HAZLITT
Economics In One Lesson, Chapter 6
Government “encouragement” to business is sometimes as much to be feared as government hostility. This supposed encouragement...
Taxes Discourage Production
BY HENRY HAZLITT
Economics In One Lesson, Chapter 5
There is a still further factor which makes it improbable that the wealth created by government spending...
Public Works Mean Taxes
BY HENRY HAZLITT
Economics In One Lesson, Chapter 4
There is no more persistent and influential faith in the world today than the faith in government...
The Blessings of Destruction
BY HENRY HAZLITT
Economics In One Lesson, Chapter 3
So we have finished with the broken window. An elementary fallacy. Anybody, one would think, would be...
The Lesson Applied: The Broken Window
BY HENRY HAZLITT
Economics In One Lesson, Chapter 2
Let us begin with the simplest illustration possible: let us, emulating Bastiat, choose a broken pane of...
Do Unions Really Raise Wages?
BY HENRY HAZLIT
Economics In One Lesson: Chapter 19, Do Unions Really Raise Wages?
The power of labor unions to raise wages over the long run...
Minimum Wage Laws
BY HENRY HAZLITT
Economics In One Lesson, Chapter 18, Minimum Wage Laws
We have already seen some of the harmful results of arbitrary governmental efforts to...
Government Price Fixing
BY HENRY HAZLIT
Economics In One Lesson, Chapter 17, Government Price Fixing
We have seen what some of the effects are of governmental efforts to fix...
“Stabilizing” Commodities
BY HENRY HAZLIT
Economics In One Lesson, Chapter 16, "Stabilizing" Commodities
Attempts to lift the prices of particular commodities permanently above their natural market levels have...
How the Price System Works
BY HENRY HAZLITT
Economics In One Lesson, Chapter 15
The whole argument of this book may be summed up in the statement that in studying the...