• The authority of a thousand is not worth the humble reasoning of a single individual. - Galileo Galilei
Hazlitt
Henry Hazlitt
United States of America
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If you want to know where American supporters of free markets learned economics, take a look at Economics in One Lesson by Henry Hazlitt. A brilliant and pithy work first published in 1946, at a time of rampant statism at home and abroad, it taught millions the bad consequences of putting government in charge of economic life. College students all across America and the world still use it and learn from it. It may be the most popular economics text ever written. Mr. Hazlitt--journalist, literary critic, economist, philosopher--was one of the most brilliant public intellectuals of our century. He was born on November 28, 1894, and died on July 8, 1993, at the age of 98. In his final years, he often expressed surprise that Economics in One Lesson had become his most enduring contribution. He wrote it to expose the popular fallacies of its day. He did not know that those fallacies would be government policy for the duration of the century.
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