#FreeEbook in #Economics: The book by Henry Hazlitt was published more than half a century ago, but its 'lesson' has apparently not yet been learnt. In Hazlitt delivers a comprehensive introduction to the basic concepts of real-life economics, outlining the problems of contemporary macro- and microeconomics, labour economics, public economics and international economics. By referencing to the global economic issues, the author gives the answer to the question of why study economics. The popular fallacies which gave rise to many of the contemporary economic problems still persist. In, Hazlitt refutes the Keynesian self-destructive logic of state interventionism and the misguided notions of equality, full employment etc. By applying the critical and pragmatic economic thinking of supply side economics. Economics in One Lesson by Henry Hazlitt| Why study economics| What is supply side economics| Free ebooks download Book Review: Economics in One Lesson by Henry Hazlitt. In his book the author illustrates the danger of such equality-driven one-day solutions, naming them 'fallacies'. Read Economics in One Lesson The Shortest and Surest Way to Understand Basic Economics by Henry Hazlitt with Rakuten Kobo. With over a million copies sold, Economics. 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. With over a million copies sold, Economics in One Lesson is an essential guide to the basics of economic theory. A fundamental influence on modern libertarianism. Dec 16, 2015 This primer on economic principles brilliantly analyzes the seen and unseen consequences of political and economic actions. In the words of F.A. Hazlitt provides examples from Labour Economics, International Economics and Public Economics, showing that most of the measures taken these days by modern governments, trade unions etc. And supported by all sorts of progressist media are not only costly, but also dangerous for the countries' economies. Paid by means of taxes, the measures having nothing to do with the principles of Microeconomics and Macroeconomics, are most of the times destructive and hamper the productivity of the country's economy. In his book book, Hazlitt teaches us to recognise not only primary consequences of economic policies in the short-run, but also pay attention to possible results which come in the long run. Apart from that, one should take into account as many facts as possible when making decisions concerning labour economics, public economics, international economics or any other economic area so that the country's economy might work for everyone. Though not always possible, economic policies should be oriented at achieving economic,. Admitting the existence of natural human efforts for lucre, or self-interest, Hazlitt points out that interventionist barriers are not only redundant, but in most cases dangerous. The natural and, therefore, efficient division of labour are the basis of the so-called supply side economics which is essential for the increase in production and, thus, economic growth of one particular country. Finally, the biggest lesson of the book is the following.
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