Henry Hazlitt

...Hazlitt once observed that "Economics is haunted by more fallacies than any other study known to man." Were Hazlitt alive today, he surely would have a field day addressing the numerous economic fallacies offered up by our very own Federal...

In this article: Ben Bernanke, China, U.S., The Fed, Economics, George W. Bush, Social Security, and Inflation

...is Seen and What is Not Seen." Bastiat's "rule" was later expounded and developed by Henry Hazlitt in his work Economics in One Lesson, in which Hazlitt borrowed Bastiat's trenchant "Broken Window Fallacy " and went on to demonstrate how it...

In this article: Frederic Bastiat, The Law, Mark Thornton, Sheldon Richman, Rome, France, Ideology, and Goods and services

...car engines of trade-ins with a sodium silicate solution, then smash them and send them to the junk yard. As the journalist Henry Hazlitt wrote in his classic, "Economics in One Lesson," you can't raise living standards by breaking windows...

In this article: Jonah Goldberg and Economics in One Lesson

...up businesses for which the market does not provide, and cause inflation. In his book "Economics in One Lesson," economist Henry Hazlitt wrote the failure of new economics is the refusal of economists to see issues from all angles. The...

In this article: The Fed, Recession, Inflation, Ben Bernanke, IP Address, and Economics in One Lesson

...in the public interest. It wasn't. As usual, the program has been judged only by its first and most visible consequences, violating Henry Hazlitt's teaching in his classic, Economics in One Lesson: "The art of economics consists in looking...

In this article: Carbon, Washington, Department of Energy, Tax, Inflation, Economics in One Lesson, Federal Reserve, and Ray LaHood

...economics at the University of California, Los Angeles. He held this position until his death (from a heart attack) in 1949. Henry Hazlitt, who is often cited as having popularized Austrian economics in the English-speaking world, credits...

In this article: Benjamin Anderson, Ludwig von Mises, Harvard University, Columbia University, Chess, Progressives, and VON

...these same politicians do not understand they are responsible not only to their present constituents but to future generations. Henry Hazlitt's classic book "Economics in One Lesson" should be required reading. Politicians, especially those...

In this article: General Motors, Ford Expedition, Barack Obama, Carbon, Tax, Carbon footprint, United Auto Workers Union, and Ford Explorer

The Failure of the "New Economics" (1959) is a book by Henry Hazlitt offering a detailed critique of John Maynard Keynes' work The General Theory of Employment, Interest and Money (1936). Hazlitt embarked on this project because, in his...

In this article: John Maynard Keynes, The General Theory, Ludwig von Mises, The Failure of the New Economics, Unemployment, The Freeman, and Never Hear the End of It

...if the employee is not productive at hi/her new wage then the business will terminate him or not hire him to begin with. Henry Hazlitt, who lived during the lst depression wrote an excellent book called "Economics in One Lesson" which...

In this article: Beneficiary, Cost of goods sold, Goods and services, Outsourcing, Unemployment, Economics in One Lesson, and Haiti

...issues, such as the one discussed in the previous paragraph. As the famed H. L. Mencken wrote about Hazlitt on the book's jacket, "He is one of the few economists in human history who could really write." Indeed, were 100 professional...

In this article: Economics, Economics in One Lesson, Bryan Caplan, Inflation, Library of Economics and Liberty, Foundation for Economic Education, Arnold Kling, and H. L. Mencken