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Economics in One Lesson: The Shortest and Surest Way to Understand Basic Economics


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Over a million copies sold! A fundamental influence on modern libertarianism, this classic guide to the basics of economic theory defends capitalism and the free market from economic myths that persist to this day.

“A magnificent job of theoretical exposition.”—Ayn Rand

Considered among the leading economic thinkers of the “Austrian School,” which includes Carl Menger, Ludwig von Mises, Friedrich (F.A.) Hayek, and others, Henry Hazlitt wrote Economics in One Lesson in 1946. Concise and instructive, it is also deceptively prescient and far-reaching in its efforts to dissemble economic fallacies that are so prevalent they have almost become a new orthodoxy.

Economic commentators across the political spectrum have credited Hazlitt with foreseeing the collapse of the global economy which occurred more than fifty years after the initial publication of Economics in One Lesson. Hazlitt’s focus on non-governmental solutions, strong—and strongly reasoned—anti-deficit position, and general emphasis on free markets, economic liberty of individuals, and the dangers of government intervention make Economics in One Lesson every bit as relevant and valuable today as it has been since publication.

Publisher ‏ : ‎ Crown Currency; paperback edition (December 14, 1988)
Language ‏ : ‎ English
Paperback ‏ : ‎ 218 pages
ISBN-10 ‏ : ‎ 0517548232
ISBN-13 ‏ : ‎ 978-0517548233
Item Weight ‏ : ‎ 1.2 pounds
Dimensions ‏ : ‎ 5.21 x 0.58 x 7.98 inches

Customers say

Customers find the book’s information clear and concise. They find it easy to read and understand, making it a good starter book for learning the fundamentals of free market economics. Many readers consider it a must-read for politicians and everyone interested in politics. The book is described as short and to the point, making it ideal for commutes. Readers enjoy the author’s style and find it a fun learning experience. However, opinions differ on its relevance to current issues.

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