Economics in One Lesson is your ultimate guide to the fundamentals of economic theory. With over a million copies sold, this book defends the free market from economic myths that persist to this day. Concise and didactic, this book is also deceptively prescient in its efforts to unveil economic fallacies that are so prevalent. Economic commentators have credited Economics in One Lesson with predicting the collapse of the global economy which occurred not long after its initial publication. Its focus on non-governmental solutions, economic liberty of individuals, and the dangers of government intervention make this book as relevant today as it has been since publication.
"A magnificent job of theoretical exposition."
— Ayn Rand
“I strongly recommend that every American acquire some basic knowledge of economics, monetary policy, and the intersection of politics with the economy. No formal classroom is required; a desire to read and learn will suffice. There are countless important books to consider, but the following are an excellent starting point: The Law by Frédéric Bastiat; economics in One Lesson by Henry Hazlitt; What has Government Done to our Money? by Murray Rothbard; The Road to Serfdom by Friedrich Hayek; and economics for Real People by Gene Callahan.If you simply read and comprehend these relatively short texts, you will know far more than most educated people about economics and Government. You certainly will develop a far greater understanding of how supposedly benevolent Government policies destroy prosperity. If you care about the future of this country, arm yourself with knowledge and fight back against economic ignorance. We disregard economics and history at our own peril.”