Sunday, 17 April 2011
Here are the first two chapters of Henry Hazlitt's 'Economics In One Lesson', the second being his take on The Broken Window Fallacy, so well-described by Bastiat, and so widely-subscribed to amongst the court economists.
Chapter One: The Lesson
Chapter Two: The Broken Window
I must express my thanks to the reader, Dare, whoever and wherever he is. He has also done Chapter Three. Also of interest is this essay by Lew Rockwell, contrasting Hazlitt with John "Snake-Oil" Keynes. Hat tip for pic and essay: Economic Noise.com . Various books by Hazlitt can be found here at Mises.org in the Literature section.