Monday, October 15, 2007

Economics in one lesson

As a teenager my father encouraged me to read Economics in One Lesson: The Shortest and Surest Way to Understand Basic Economics by Henry Hazlitt. It helped provide a solid foundation.

Recently I came across a part of the book online. Henry Hazlitt reviews Frederic Bastiat's Parable of the Broken Window. Henry and Frederic do a great job of making economics understandable. If you want a better understanding of economics, start with the couple pages from Economics in One Lesson.


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4 comments:

Anonymous said...

Or get the whole book at http://www.fee.org/library/books/economics.asp. This site also has many valuable economics resources.

Barbara Frank said...

Dd16 and I are reading through Thomas Sowell's "Basic Economics" this year. So far we like it, but the enormous number of typos is driving me crazy! Darn public-school-educated editors, lol.

Anonymous said...

www.mises.org also has many of the works of the authors you mentioned in this blog post for free download in .pdf format.

I've become a bit of an Econ-Junkie over the past few years and was thrilled to see a blog post about homeschooling mentioning the great thinkers of the "Austrian" school of economics. In the reality I live in, they make so much more sense than the Keynesian thinkers.

Henry Cate said...

I am on the Mises mailing list. They have a lot of good columns.