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Henry Hazlitt

Economics in One Lesson {Week Four, Part I}

There is a lot packed into this week, and so I’m going to break this into smaller posts. I admit to losing a bit of steam here at the end. It is also Book Week for me: I had committed to finishing up Secret Believers and Economics in One Lesson all at the same time. I was having momentary delusions of inordinately obedient children {who were also very clean and required less laundry than ever} and spare energy and time. January was Continue Reading…
January 29, 2008
The Lorax and the Unfettered Marketplace

I meant no harm. I most truly did not.But I had to grow bigger. So bigger I got.I biggered my factory. I biggered my roads.I biggered my wagons. I biggered the loadsof the Thneeds I shipped out. I was shipping them forthto the South! To the East! To the West! To the North!I went right on biggering…selling more Thneeds.And I biggered my money, which everyone needs.Dr. Seuss in The Lorax I am, generally speaking, in favor of a free market. Continue Reading…
January 24, 2008
Economics in One Lesson {Week Three}

Today is an interesting {ironic?} day on which to be discussing economics. I was watching the overnight markets last night {after my dad alerted us to the situation} with interest. Asia was off, then London, Germany, and France. One article I read said that investors were panicking and running to the “safety of government bonds.” Ah, yes, the “safety” of buying an institution’s debt. I think I can safely say we are seeing a bit of the downside of government Continue Reading…
January 22, 2008
Economics in One Lesson {Week Two}

Before I start with quotes and commentary, allow me to first link to Cindy’s post, where you will find interesting commentary and links to other people with interesting commentary on this book. I completely forgot to link to the post last week, and for that I apologize, especially if it means you missed out on reading more about this book. Secondly, I must admit I read Rick Saenz’s post last night. Is this cheating? Not necessarily, but sometimes it isn’t Continue Reading…
January 15, 2008