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Economics In One Lesson by Henry Hazlit

“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...