Economics in three lessons & one hundred economic laws / Hunter Lewis.
Henry Hazlitt's 1946 book Economics in One Lesson sold more than a million copies. It is perhaps the best selling economics book of all time. In this volume, Hunter Lewis, a Hazlitt admirer and student, provides a sequel and update. The great merit of this volume is its simplicity. Anyone can read and understand it. It is an ideal introduction to economics. It collects in one place some of the most important laws of economics. Everyone understands the importance of the laws of physics. Are there also laws of economics? Can understanding them also make our lives better? This volume answers with a resounding yes. --|cPublisher's description.
Record details
- ISBN: 9781604191141
- ISBN: 1604191147
- Physical Description: xv, 403 pages ; 21 cm
- Publisher: Edinburg, VA : Axios Press, [2017]
Content descriptions
Bibliography, etc. Note: | Includes bibliographical references and index. |
Formatted Contents Note: | Economics in Three Lessons. Lesson one: Sustainability. Henry Hazlitt's invaluable insight -- Lesson two: The free price system. The central role played by free prices -- What prices do for us -- The role of profits in driving down prices -- Who are the bosses in a free price system? -- "Spontaneous order" from free prices -- The essential role of loss and bankruptcy -- What about inequality? -- Why greed is not "good" in a free price system -- Lesson three: Enemies of the free price system. Crony capitalism -- Laissez-Faire contra the Cronies -- Today's Crony capitalism -- The Crony capitalist conundrum -- The progressive paradox -- Where does this leave the poor? -- How the Fed fits in -- The Fed's conflict of interest -- Who exactly is feeding off the Fed? -- Keynes's General Theory: the Crony bible -- Saying goodbye to Crony capitalism. One Hundred Economic Laws. Laws of economic analysis -- Laws of economic sustainability -- Laws of the division of labor -- Laws of prices -- Laws of profits -- Laws of profits and wages -- Laws of economic equality and inequality -- Laws of the division of labor within the free price system -- Laws of economic calculation -- Laws of economic calculation outside business -- Economic law of government -- Laws of money -- Laws of money prices -- Law of interest rates -- Laws of banking -- Laws of government-controlled banking -- Laws of spending versus saving -- Law of the non-neutrality of money -- Law of the non-neutrality of money, newly created money, "business cycles," and depressions -- Summary laws of economics. |
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Subject: | Economics. |
Available copies
- 1 of 1 copy available at Kirtland Community College.
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- 0 current holds with 1 total copy.
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Location | Call Number / Copy Notes | Barcode | Shelving Location | Status | Due Date |
---|---|---|---|---|---|
Kirtland Community College Library | HB 71 .L49 2017 | 30775305523525 | General Collection | Available | - |
Economics in Three Lessons and One Hundred Economics Laws : Two Works in One Volume
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Summary
Economics in Three Lessons and One Hundred Economics Laws : Two Works in One Volume
Economics in Three Lessons Henry Hazlitt's 1946 book Economics in One Lesson sold more than a million copies. It is perhaps the best selling economics book of all time. In this volume, Hunter Lewis, a Hazlitt admirer and student, provides a sequel and update. The central lesson of Hazlitt's seminal work is that economic thought and policy must consider all the consequences of an action, not just the immediate or most visible ones. Hazlitt is right that this is the kernel of all good economics. Lewis covers this theme and also introduces two more lessons: how a free and uncontrolled price system creates prosperity and how a controlled or manipulated price system creates only crony capitalist corruption and, ultimately, poverty and economic failure. The great merit of this volume is its simplicity. Anyone can read and understand it. It is an ideal introduction to economics. One Hundred Economic Laws In this groundbreaking volume, Lewis does what no one has attempted to do, at least not for many decades. It collects in one place some of the most important laws of economics. Everyone understands the importance of understanding the laws of physics and other natural sciences. Are there also laws of economics? Can understanding them also make our lives better? This volume answers with a resounding yes to both questions. We need the laws of economics to help guide our choices and actions in a very uncertain world. We also need them to protect us from the "thinkers for hire" who, paid by special economic interests, try to persuade us to ignore reality. This short book is also a complete course in economics. Unlike the dry-as-dust and often irrelevant textbooks forced on high school and college students, it is written in a lively and even sparkling style.