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on March 11, 2016
Brilliant! Hazlitt is a champion of free market economics, capitalism and libertarianism and debunks any myths people carry or refuse to let go of regarding socialism or Keynesian ideas and he is very enjoyable to read. I read this two years ago to learn basic economics and ended up being persuaded to reAssess my political beliefs and see the common sense in less government.

Must read for everyone!
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on February 18, 2016
More people need to read this book. very good thought experiments exposing the toxicity of government intervention
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TOP 500 REVIEWERon November 3, 2015
Hazlitt's book is still a classic many years on from its original publication date, and provides an excellent introduction for those new to the subject. If you are taking a college course, or simply want to familiarize yourself with the subject that our media is so obsessed with, this book is a good chance to get up to snuff on the basics. Hazlitt organizes things in a nice way and discusses economic basics in a way that most can understand.

The only problem with this book, as with so many others on the subject, is that Hazlitt subscribes to a one-sided libertarian view of economics, which unfortunately is not always supported with historical case studies and evidence. In the twenty-first century there are just as many arguments for government intervention (within reason of course) in the economy as there are for the laissez-faire hands-off approach that so many economists still push. Thus, Hazlitt's book is a great start, but you will want to broaden out after reading this and look at books that are a little more circumspect and give a good shake to the other side of the debate as well. For that, check out Ha-Joon Chang's "Economics: A User's Guide."

Aside from his bias, Hazlitt's work is still very informative and well worth reading. Many of his points are still cogent even long after he first wrote them, and it most certainly deserves to be on any shelf with other economic classics.
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on October 1, 2015
This was bought for a friend. My husband read it first and he was very pleased. He was a professor of economics, and found it very good.
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on June 5, 2015
good read. Helpful towards a thorough understanding of the subject.
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on April 17, 2015
The content is great. I can understand this book easily. Recommended.
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on April 9, 2015
There was writing and highlighting in the book from the previous owner. It was a mild annoyance, but didn't affect the quality of the read. The book itself is a real eye opener in terms of explaining what should be obvious, but has become muddled in a sea is disinformation.
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on January 28, 2015
Hands down the best book on economics. It was life changing for me. Easy to read, easy to understand, no math or statistics, just logic. My only complaint would be that chapter 1, on the broken window fallacy is a bit brief, and he should probably spell out for the reader that many of the other chapters are just different manifestations of the broken window fallacy. Overall though, I have bought many copies of this to lend out, it's my go-to book to recommend to others interested in Economics, political or otherwise.
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on February 24, 2013
A concise summary of how legislation and the outcome of ithe legislation sometimes differ in practise from the intended purpose.
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This book is a fantastic introduction to economics. The language is in plain spoken terms. The issues covered by Hazlitt are everyday events, that anyone can relate too. In fact, it is hard to believe, the book was first written in 1946.

As the reader proceeds through the book, a reoccurring theme presents itself. Hazlitt starts off by explaining, how and why an interested party will try to alter an economic policy. One example was in regards to rent controls. Obviously there are a large group of renters, that are interested in limiting the cost of rental properties. Hazlitt lays out the political process, that is taking place in the case of rent controls. Then he takes things a step further. He outlines how this effects other groups, within a society. He also examines the big picture, and sums up the total effect on all of the population. This is Hazlitt over all theme; to explain events in terms of the effects on the entire population.

Hazlitt analyzes all sorts of various economic issues. Most of these will be very familiar to the reader. Some examples include; tariffs, minimum wage laws, savings versus spending, company profits, public work projects, and government price fixing. All of these issues, will be evaluated in a straight forward format. In fact Hazlitt himself states, "the conclusions we arrive at usually correspond with those of unsophisticated common sense". Economic common sense, may perhaps be the best description of this book.

I highly recommend this book, to anyone looking to achieve a basic understanding of many economic issues.
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