Economics in One Lesson

by Henry Hazlitt

Contents

• PREFACE TO THE NEW EDITION

• PREFACE TO THE FIRST EDITION

• PART ONE: THE LESSON

  • 1. The Lesson

• PART TWO: THE LESSON APPLIED

  • 2.  The Broken Window
  • 3.  The Blessings of Destruction
  • 4.  Public Works Mean Taxes
  • 5.  Taxes Discourage Production
  • 6.  Credit Diverts Production
  • 7.  The Curse of Machinery
  • 8.  Spread-the-Work Schemes
  • 9.  Disbanding Troops and Bureaucrats
  • 10. The Fetish of Full Employment
  • 11. Who's "Protected" by Tariffs?
  • 12. The Drive for Exports
  • 13. “Parity” Prices
  • 14. Saving the X Industry
  • 15. How the Price System Works
  • 16. “Stabilizing” Commodities
  • 17. Government Price-Fixing
  • 18. What Rent Control Does
  • 19. Minimum Wage Laws
  • 20. Do Unions Really Raise Wages?
  • 21. “Enough to Buy Back the Product”
  • 22. The Function of Profits
  • 23. The Mirage of Inflation
  • 24. The Assault on Saving
  • 25. The Lesson Restated

• PART THREE: THE LESSON AFTER THIRTY YEARS

  • The Lesson After Thirty Years

• A NOTE ON BOOKS

• ENDNOTES