#2124
Mentioned in 23 episodes
Economics in one lesson
Book • 1965
In 'Economics in One Lesson', Henry Hazlitt provides a concise and instructive introduction to economics by dissecting common economic fallacies.
The book's central lesson is that good economics involves considering the long-term and indirect consequences of any policy for all groups, not just the immediate effects on a specific group.
Hazlitt uses examples like the 'broken window fallacy' to illustrate how focusing only on immediate benefits can overlook the broader, often negative, consequences.
The book advocates for free markets, economic liberty, and non-governmental solutions, making it a critical read for understanding basic economic principles and the pitfalls of government intervention.
The book's central lesson is that good economics involves considering the long-term and indirect consequences of any policy for all groups, not just the immediate effects on a specific group.
Hazlitt uses examples like the 'broken window fallacy' to illustrate how focusing only on immediate benefits can overlook the broader, often negative, consequences.
The book advocates for free markets, economic liberty, and non-governmental solutions, making it a critical read for understanding basic economic principles and the pitfalls of government intervention.
Mentioned by
Mentioned in 23 episodes
Recommended by Sudhir Sarnobat to understand economics, import/export, and Make in India.
161 snips
Ep 419: India's MSME Landscape -- Some Useful Frameworks
Recommended by Mark Spitznagel as the one economics book his children should read.
65 snips
#70 Mark Spitznagel: The Dao of Capital
Mentioned by 
Robert Breedlove , referencing the book's concept of unseen consequences of economic policies.
Robert Breedlove , referencing the book's concept of unseen consequences of economic policies.
51 snips
"The Big Print" is Coming with Larry Lepard (WiM555)
Mentioned by Peter McCormack as a book that can be read in two days to understand what has gone wrong with the economic system.
21 snips
#025 - Freddie New - Debt & Politics Driving Economic Decline
Referenced by Robert Breedlove when discussing the seen and unseen consequences of economic actions.
Robert Breedlove when discussing the seen and unseen consequences of economic actions.
18 snips
Bitcoin & the Awakening from the Meaning Crisis w/ Michael Ruiz
Mentioned by Mike Kelly , referencing the first thing Hazlitt touches on in his book, to discuss the broken window fallacy.
13 snips
Bitcoin is Antifragile: Nassim Taleb's "Antifragile" Part 2 w/ Mike Kelly
