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Two Great Classics of Economics
12/4/2008
| GoodDay
Posted on 12/04/2008 6:32:19 PM PST by GoodDay
http://www.econlib.org/library/Bastiat/basSoph.html
http://jim.com/econ/contents.html
TOPICS: Business/Economy; Education
KEYWORDS: bastiat; economics; hazlitt
Both of these are excellent introductions to economics.
The first, "Economic Sophisms," is by the French writer Frederic Bastiat (1801-1850). http://www.econlib.org/library/Bastiat/basSoph.html
The second, "Economics In One Lesson," is by the American journalist, economist, and philosopher, Henry Hazlitt (1894-1993). http://jim.com/econ/contents.html
Both books are written in a clear, accessible style. Enjoy!
1
posted on
12/04/2008 6:32:19 PM PST
by
GoodDay
To: GoodDay
2
posted on
12/04/2008 6:33:06 PM PST
by
randomhero97
("First you want to kill me, now you want to kiss me. Blow!" - Ash)
To: GoodDay
3
posted on
12/04/2008 6:34:01 PM PST
by
GoodDay
(Palin for POTUS 2012)
To: GoodDay
4
posted on
12/04/2008 6:34:57 PM PST
by
GOP Poet
To: GoodDay
I like Bastiat’s “The Law”. I read it in high school.
To: GoodDay
bttt
“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.”
-Henry Hazlitt: Economics in One Lesson
6
posted on
12/04/2008 6:35:55 PM PST
by
djsherin
(The federal government:: Because someone has to f*** things up!)
To: rabscuttle385; bamahead; Gondring
7
posted on
12/04/2008 6:36:26 PM PST
by
djsherin
(The federal government:: Because someone has to f*** things up!)
To: GoodDay
Even more to the point with the Marxist Obama is The Road the Serfdom by F.A. Hayek.
8
posted on
12/04/2008 6:37:56 PM PST
by
aruanan
To: GoodDay
". In any case, the net result of government credit has not been to increase the amount of wealth produced by the community but to reduce it, because the available real capital (consisting of actual farms, tractors, etc.) has been placed in the hands of the less efficient borrowers rather than in the hands of the more efficient and trustworthy."
Words to live by.
9
posted on
12/04/2008 6:38:30 PM PST
by
Paladin2
(No, pundits strongly believe that the proper solution is more dilution.)
To: GoodDay
I’ll give those a shot, but I have a recommendation of
every econ book that Thomas Sowell ever wrote.
Basic Economics
Applied Economics
Classic Economics
Economic Facts and Fallacies
10
posted on
12/04/2008 6:41:25 PM PST
by
MrB
(The 0bamanation: Marxism, Infanticide, Appeasement, Depression, Thuggery, and Censorship)
To: aruanan
And that was written back in the 20’s or 30’s.
Fascists will be fascists.
11
posted on
12/04/2008 6:42:02 PM PST
by
MrB
(The 0bamanation: Marxism, Infanticide, Appeasement, Depression, Thuggery, and Censorship)
To: MrB
“Ill give those a shot, but I have a recommendation...”
I agree completely. “Basic Economics” and “Economic Facts and Fallacies” are both masterpieces of straight talking.
I also recommend an earlier and more difficult (i.e., theoretical) work by Sowell entitled “Knowledge and Decisions.”
12
posted on
12/04/2008 6:49:42 PM PST
by
GoodDay
(Palin for POTUS 2012)
To: GoodDay
Currently re-reading “Conflict of Visions” - after my own personal study of worldviews.
Getting a lot more out of it the second time through.
13
posted on
12/04/2008 7:14:51 PM PST
by
MrB
(The 0bamanation: Marxism, Infanticide, Appeasement, Depression, Thuggery, and Censorship)
To: GoodDay
14
posted on
12/04/2008 8:08:23 PM PST
by
murdoog
("I am involved with politics so that politics is not involved with me"-Dan Flynn)
To: GoodDay
Someone needs to send copies to Pres. Bush.
15
posted on
12/04/2008 10:06:36 PM PST
by
fortheDeclaration
("Our constitution was made only for a moral and religious people".-John Adams)
To: MrB
bump for literal later read thanks :)
16
posted on
12/04/2008 10:08:32 PM PST
by
Captain Beyond
(The Hammer of the gods! (Just a cool line from a Led Zep song))
To: djsherin; Abathar; Abcdefg; Abram; Abundy; akatel; albertp; AlexandriaDuke; Alexander Rubin; ...
17
posted on
12/05/2008 12:55:27 PM PST
by
bamahead
(Few men desire liberty; most men wish only for a just master. -- Sallust)
To: bamahead
Thanks for the ping, bookmarking those links.
18
posted on
12/05/2008 1:06:38 PM PST
by
M203M4
(GOP problem: failed to deliver on promises. Solution: promise instead what was already delivered?!?!)
To: GoodDay
Marking to add to our FR homeschool curriculum list later. Thanks for posting these links.
19
posted on
12/06/2008 9:07:42 AM PST
by
Tired of Taxes
(Dad, I will always think of you.)
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