Most Popular Books by Henry Hazlitt

A noted economist exposes the truth behind our shrinking dollars... What precisely is inflation? What is its cause? Its cure? How long will it last? Is there any way you can take advantage of inflation? If not, how can you protect yourself against further erosion in the value of your savings? Henry Hazlitt gives his answers to these questions and many more in this clear, readable book. He exposes the fallacies by which some people have come to justify inflation, and he discusses the role of governments in creating the very inflation that they claim to be combatting. For this paper-bound edition Mr. Hazlitt has added new statistics and information, and in a new preface he comments on the current economic situation. What You Should Know About Inflation is required reading for anyone who wants to know why his money is worth less and what he can do about it. "A keen economic mind...provides an incisive primer on the subject."—THE WALL STREET JOURNAL "This concise little book explains the elements of the subject in simplest terms, and takes the mystery out of the technical jargon in which it is too often buried. Henry Hazlitt answers...questions with logic and lucidity."—INVESTMENT DEALER'S DIGEST

Over a million copies sold! A fundamental influence on modern libertarianism, this classic guide to the basics of economic theory defends capitalism and the free market from economic myths that persist to this day. “A magnificent job of theoretical exposition.”—Ayn Rand Considered among the leading economic thinkers of the “Austrian School,” which includes Carl Menger, Ludwig von Mises, Friedrich (F.A.) Hayek, and others, Henry Hazlitt wrote Economics in One Lesson in 1946. Concise and instructive, it is also deceptively prescient and far-reaching in its efforts to dissemble economic fallacies that are so prevalent they have almost become a new orthodoxy. Economic commentators across the political spectrum have credited Hazlitt with foreseeing the collapse of the global economy which occurred more than fifty years after the initial publication of Economics in One Lesson. 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.

LARGE PRINT EDITION! More at LargePrintLiberty.com. It's incredible that this 1916 tutorial on how to think, by none other than Henry Hazlitt, would still hold up after all these years. But here's why. Hazlitt was largely self-educated. He read voraciously. He trained himself to be a great intellect. In the middle of this process, he discovered that it is far more important to learn to think clearly than to merely take in information. The result was this book.In some ways, it is a course in logic. But more than that, it is a training manual for how to fire up and manage one's mental energy.He discusses how to think about analogies and discover their errors. He speaks of the error of too much aggregation and misplaced definitions. He presents the rules for the interplay between theory and example. He shows how to spot errors in theory and experiments. He shows how to think all the way to the end of a problem. He gives some very practical advice on the relationship between thinking and reading - and how to plan that reading so that one uses one's time well.His examples of how to think and how not to think are lucid and compelling. His influences in this little book include Stanley Jevons and Herbert Spencer, so we can see here that Hazlitt was already steeped in economic literature when he wrote this book in 1916.It remains an excellent primer in how to gain, and make use of, a good education.

Henry Hazlitt had left the New York Times in an ideological disagreement over post-war economic policy. Once he left, he was free to speak his mind on the important issues of the day, among which the Marshall Plan. This is his blockbuster argument against the idea of putting post-war Europe on the US dole. He made the case that aid would forestall rather than generate economic recovery. This is the first time this historic and still-powerful book has been available since its publication in 1947.

This is a new release of the original 1960 edition.

First published in 1959, this is a line-by-line commentary and refutation of one of the most destructive, fallacious, and convoluted books of the century: John Maynard Keynes's General Theory, published in 1936. In economic science, Keynes changed everything. He supposedly demonstrated that prices don't work, that private investment is unstable, that sound money is intolerable, and that government was needed to shore up the system and save it. It was simply astonishing how economists the world over put up with this, but it happened. He converted a whole generation in the late period of the Great Depression. By the 1950s, almost everyone was Keynesian. However, Hazlitt, the nation's economics teacher, would have none of it. And he did the hard work of actually going through the book to evaluate its logic according to Austrian-style logical reasoning. "Hazlitt's fine critique of Keynes is a worthy complement to Mises' Human Action. Henry Hazlitt, a renowned economic journalist, is a better economist than a whole host of sterile academicians, and, in contrast to many of them, he is distinguished by courage: the courage to remain an "Austrian" in the teeth of the Keynesian holocaust, alongside Mises and F. A. Hayek. On its merits, this book should conquer the economics profession as rapidly as did Keynes. But whether the currently fashionable economists read and digest The Failure of the "New Economics" or not is, in the long run, immaterial: it will be read and it will destroy the Keynesian System."—Murray Rothbard

2016 Reprint of 1959 Edition. Full facsimile of the original edition, not reproduced with Optical Recognition Software. Henry Hazlitt did the seemingly impossible, something that was and is a magnificent service to all people everywhere. He wrote a line-by-line commentary and refutation of what he considered to be one of the most destructive, fallacious, and convoluted books of the century. The target here is John Maynard Keynes's "General Theory," the book that appeared in 1936 and swept all before it. In economic science, Keynes changed everything. He supposedly demonstrated that prices don't work, that private investment is unstable, that sound money is intolerable, and that government was needed to shore up the system and save it. It was simply astonishing how economists the world over put up with this, but it happened. He converted a whole generation in the late period of the Great Depression. By the 1950s, almost everyone was Keynesian. But Hazlitt, the nation's economics teacher, would have none of it. And he did the hard work of actually going through the book to evaluate its logic according to Austrian-style logical reasoning. The result: a nearly 500-page masterpiece of exposition.

LARGE PRINT EDITION! More at LargePrintLiberty.com. Henry Hazlitt confronted the rise of Keynesianism in his day and put together an intellectual arsenal: the most brilliant economists of the time showing what is wrong with the system, in great detail with great rigor. With excerpts from books and articles published between the 30s and 50s, it remains the most powerful anti-Keynesian collection ever assembled.

This book examines the causes and consequences of inflation, and provides a roadmap for resolving this pressing economic issue. Written by renowned journalist and economist Henry Hazlitt, this book offers insights and solutions that are as relevant today as when it was first published. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

Long before Charles Murray took on the topic, Henry Hazlitt wrote an outstanding book on poverty that not only provided an empirical examination of the problem but also presented a rigorous theory for understanding the relationship between poverty and income growth. He examines poverty in the ancient world, the poor laws of England, the advance of the middle class in the United States, the failure of welfare programs, the fallacies associated with income redistribution, and the relationship between population and poverty. Its 20 chapters are outstanding essays that make for a well-integrated text on the topic, one which holds up as prophetic in every way, having foreshadowing welfare reform but also pointing the way toward even more radical reforms. The way out of poverty, he explains, is freedom, and freedom alone. 240 pages plus index.