Tag Archives: Henry Hazlitt

Quote of the Day

Upon observing an airplane fly, one doesn’t assume that apparently the law of gravity doesn’t apply to metal plane-shaped things. Rather, you intelligently realize instead that other forces must be in operation on the plane. Similarly, we should not assume … Continue reading

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The Blessings of Destruction

Better late than never, I’ve got round to the next in the series based on Hazlitt’s book, Economics in One Lesson. In the previous post, I looked at the broken window fallacy, which underpins the whole book. Today, I’ll focus … Continue reading

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More of the usual nonsense on HS2

The letter, which says up to one million British jobs could be created, states: “Economic studies show that effective modes of transport, including high-speed rail, enable entrepreneurs to get their goods and services to market in a secure and timely … Continue reading

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Hazlitt’s Economics in One Lesson: The Broken Window

This is the first in a series based on Henry Hazlitt’s Economics in One Lesson, a book originally published in 1946 which beautifully explains so much of economics from one very simple idea: Therefore, the whole of economics can be reduced to … Continue reading

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