Godina izdanja: Ostalo
ISBN: 0517548232
Oblast: Ekonomija
Jezik: Engleski
Autor: Strani

Henry Hazlitt - Economics in One Lesson: The Shortest and Surest Way to Understand Basic Economics
Three Rivers Press, -
218 str.
meki povez
stanje: vrlo dobro, posveta na predlistu.

This revised and updated edition of Hazlett`s well-regarded exposition of general economic principles examines, in layman`s terms, the effects of inflation, recession, and the growing tax revolt. 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.
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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.

“A magnificent job of theoretical exposition.”—Ayn Rand

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 Economics in One Lesson 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.

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 Economics in One Lesson. 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 Economics in One Lesson every bit as relevant and valuable today as it has been since publication.
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Among its policy recommendations are the advocacy of free trade, an opposition to price controls, an opposition to monetary inflation, and an opposition to fiscal policy, such as stimulative governmental expenditures, arguing:

There are men regarded today as brilliant economists, who deprecate saving and recommend squandering on a national scale as the way of economic salvation; and when anyone points to what the consequences of these policies will be in the long run, they reply flippantly, as might the prodigal son of a warning father: `In the long run we are all dead.` And such shallow wisecracks pass as devastating epigrams and the ripest wisdom
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Contents:
Preface to the New Edition
Preface to the first edition
The Lesson
The Broken Window
The Blessings of Destruction
Public Works mean taxes
Taxes discourage production
Credit diverts production
The Curse of Machinery
Spread -the-work Schemes
Disbanding troops and Bureacrats
The Fetish of Full Employment
Who`s `Protected` by Tariffs?
The Drive for exports
`Parity` prices
Saving the x Industry
How the price system works
`Stabilizing` Commodities
Government Price fixing
What rent control does
Minimum wage laws
Do Unions really raise wages?
`Enough to buy back the product`
The Function of Profits
The Mirage of inflation
The Assault on Saving
The Lesson Restated
The Lesson after thirty years
A note on Books
Index


Nonfiction, Economics, 0517548232