Economics in One Lesson

<b>Over a million copies sold! <b>A fundamental influence on modern libertarianism this </b>classic guide to the basics of economic theory defends capitalism and the free market from economic myths that persist to this day. <p/>A magnificent job of theoretical exposition.--Ayn Rand</b> <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 <i>Economics in One Lesson</i> 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/> 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 <i>Economics in One Lesson</i>. 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 <i>Economics in One Lesson</i> every bit as relevant and valuable today as it has been since publication.