Patrick Gaughan

Helpful votes received on reviews: 100% (1 of 1)
Location: Austin, TX United States


Top Reviewer Ranking: 583,600 - Total Helpful Votes: 1 of 1
Economics in One Lesson: The Shortest and Surest W&hellip by Henry Hazlitt
1 of 1 people found the following review helpful
Hazlitt has a gift for clarity. His arguments simply cannot be misunderstood. With nearly unassailable logic he explains the subtle economic implications of many government policies in terms the simplest novice can follow. This is an awesome book for any reader.
This book was not at all what I expected when I ordered it. I expected a textbook like approach to all the classic concepts of economics (supply/demand curves, law of diminishing returns, effects of shortages/gluts on prices, etc.) Instead, Hazlitt simply states that true economics involves tracing both the seen and unseen consequences of each action or policy. This is primarily a book about government policy in… Read more
The Making of Modern Economics: The Lives and Idea&hellip by Mark Skousen
I found this history of economic thought remarkably refreshing, lively, and informative. It is very readable, Skousen leaving out the technical minutae that turns many people off to economics. In fact, my one criticism is that, being technically-minded I wanted more than he presented (although I understand a technical presentation was not his aim).
Skousen does a good job of bringing out the personal side of the characters in the history. He devotes nearly as much space to items of interest in their lives and personalities as he does to their contributions to economic thought.
Unlike more liberal writers, Skousen does not hide his "personal biases" and presents the… Read more