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Inside this Book – This is a true ‘Economics for Dummies’ book. It can be useful in case you want something handy to bang over an economic nit-wit’s head on short notice. Only such a dummy would be unable to puncture your simplistic arguments or need them in the first place. Beyond that, it is hard to envisage much use for this volume, whether for serious discussion or for serious reflection. So if the initial bang was not good enough and if you pack no other arsenal, you might as well get out of there, and fast. This failing is primarily for want of breadth of scope and an explicit avoidance of addressing possible arguments. After all, any book that promises to reduce an entire discipline to ‘one lesson’ should not expect to have much more effectiveness than a poorly aimed sledge hammer.
Inside this book –Economics in One Lesson PDF Book by Henry Hazlitt – In the first half of 2009, I visited several law schools before making my selection. While at Northwestern, I spoke at length with a professor who had recently worked on a paper supporting a national consumption tax. Encouraged by the fact that our positions on the desirability of a sales tax over an income tax aligned, I pushed him to explain his solution for getting out of the current financial crisis we faced. His nausea-inducing Keynesian reek spewed across the room as he explained that the problem at root was a slack in aggregate demand. See, consumers had slowed their spending a bit which hurt producers who then had to lay people off. People cut back on spending even more as unemployment rose, sticking us in the middle of a negative feedback loop with no end in sight.
Economics in One Lesson by Henry Hazlitt PDF : eBook Information
- Full Book Name – Economics in One Lesson
- Author of this Book – Henry Hazlitt
- Language – English
- Book Genre – Non Fiction, Economics, Nonfiction, Politics Books, Business, Finance,
- Download Format – PDF
- Size – 8 MB
- eBook Pages –198
- Price – Free