Economics in One Lesson
January 25, 2007 3:49 PM Subscribe
The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups.Economics in One Lesson, by Henry Hazlitt, is available online for all to peruse, and makes sobering reading for anyone who's ever fretted over the United States' $8.7tn national debt. Or if you prefer action to theory, you can always help your fellow citizens out by making a check payable to the Bureau of the Public Debt.
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