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

Thought to be some of the leading economic thinkers of the “Austrian School,” which includes Carl Menger, Ludwig von Mises, Friedrich (F.A.) Hayek, and others, Henry Hazlitt (1894-1993), used to be a libertarian philosopher, an economist, and a journalist. He used to be the founding vice-president of the Foundation for Economic Education and an early editor of

Economic commentators across the political spectrum have credited Hazlitt with foreseeing the collapse of the global economy which occurred more than 50 years after the initial publication of Economics in One Lesson. Hazlitt’s focal point 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 each bit as relevant and valuable today as it has been since publication.