A million copy seller, a classic economic primer and a fundamental influence on modern libertarian economics. Considered among the leading economic thinkers, Hazlitt was a libertarian philosopher, an economist and a journalist. Written in 1946, this seminal work is concise, instructive, deceptively prescient and far-reaching in its efforts to dissemble economic fallacies that are so prevalent they have almost become a new orthodoxy. Many current economic commentators credit Hazlitt with foreseeing the collapse of the global economy, making this ever relevant.
"A magnificent job of theoretical exposition." -Ayn Rand
Henry Hazlitt (1894-1993), was a libertarian philosopher, an economist, and a journalist. He was the founding vice-president of the Foundation for Economic Education and an early editor of The Freeman magazine, an important libertarian publication. Hazlitt wrote Economics in One Lesson, his seminal text on free market economics, in 1946, bringing his ideas and those of the so-called Austrian School to the American scene. His work has influenced the likes of economist Ludwig von Mises, novelist and essayist Ayn Rand, and 2008 Libertarian Party Presidential nominee and congressman, Ron Paul. Hazlitt has been cited as one of the most influential literary critics and economic writers of his time.