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About The Book
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<p><strong>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.</strong></p>
<p><strong>"A magnificent job of theoretical exposition."—Ayn Rand</strong></p>
<p>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 <em>Economics in One Lesson</em> 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.</p>
<p>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 <em>Economics in One Lesson</em>. 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 <em>Economics in One Lesson</em> every bit as relevant and valuable today as it has been since publication.</p>