Economics in One Lesson
by Henry Hazlitt
A book... so powerful in its clarity and simplicity that we can declare, without question, it has shaped our world."
-- Steve Forbes, from his Foreword
The publisher didn't promote it. Business professors didn't assign it. Few reviewers paid much attention to it.
But word of mouth slowly began to build. Enthusiastic readers recommended it to their friends. They handed out copies as gifts. Executives, investors and entrepreneurs hailed it.
Today, 50 years later, Henry Hazlitt's Economics in One Lesson has been translated into eight languages, and has sold more than one million copies worldwide.
You see, Economics in One Lesson is no ordinary book. Here's why:
Instant economic literacy
The whole field of economics is rife with dangerous misinformation and outrageous myths. Hazlitt's great achievement was his ability to explain in clear terms the fundamentals of the key economic issues that have a major impact on every individual's life.
This little book has helped answer such questions as: How do you achieve prosperity? How best to alleviate poverty? How can these goals be accomplished while preserving freedom?
Hazlitt teaches you to think in terms of political and economic principles. He gives concrete example after concrete example. Suppose you want to "cure unemployment," or protect American jobs from foreign competition, or make health care available to everyone. You favor some government program to accomplish that goal. The problem is, you are only looking at the program's obvious results. You aren't considering its unintended consequences.
In 26 compelling chapters, Hazlitt leads you through vivid, challenging demonstrations of this basic principle, and shows how such