Economics in One Lesson: The Shortest and Surest Way to Understand Basic Economics

Version: Unabridged
Author: Henry Hazlitt
Narrator: Jeff Riggenbach
Genres: Business & Economics
Publisher: Blackstone Audiobooks
Published In: January 2000
# of Units: 6 CDs
Length: 6 hours, 56 minutes
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N/ACalled by H.L. Mencken, "one of the few economists in history who could really write," Henry Hazlitt achieved lasting fame for this brilliant but concise work. In it, he explains basic truths about economics and the economic fallacies responsible for unemployment, inflation, high taxes, and recession. Covering considerable ground, Hazlitt illustrates the destructive effects of taxes, rent and price controls, inflation, trade restrictions and minimum wage laws. And, he writes about key classical liberal thinkers like John Locke, Adam Smith, Thomas Jefferson, John Stuart Mill, Alexis de Tocqueville and Herbert Spencer.

Reviews (3)

Not for me at all

Written by Anonymous on May 15th, 2006

  • Book Rating: 1/5

Not for me at all. I found the first CD of this book to be a sanctimonious, trite and dated diatribe about the evils of government written from the perspective of immediate post-WWII. Mind you, I agree with much of what Hazlitt was trying to say. But Hazlitt's stilted writing style and utterly simplistic examples undermine for me his point of the simple-minded, wrong-headedness of government intervention. While I agree with many of his points in principle, the presentation was so maddeningly ineffective that I gave up on this CD and returned it. That is something I've never done before.


Written by Anonymous on March 24th, 2006

  • Book Rating: 5/5

Rarely do you read something this old outside of scripture that has as much relevance to today's world. Very clearly articulated. Would that all politicians be forced to listen.

A must read for everyone

Written by David Cotter on February 15th, 2006

  • Book Rating: 5/5

The book, written nearly 50 years ago, should be required reading for everyone. In simple terms, Hazlitt explains the basics of economics, the lack of understanding of which has probably led to more bad public policy than anything else. We all pay taxes and live under the policies of a government, and therefore should understand economics and its implications for our daily lives - which are many. Hazlitt is not a conservative apologist, just states irrefutable facts and destroys fallacies.

Author Details

Author Details

Hazlitt, Henry

Skyler J. Collins lives with his beautiful wife and two wonderful children in Salt Lake City, Utah. He's a voluntaryist libertarian, and an unschooler. He enjoys blogging and reading about anything on liberty, economics, philosophy, religion, science, health and childhood development. He and his wife are committed to raising their children in peace and love, exploring the world with them, and showing them how to deal with others respectfully, and enjoy their freedom responsibly. He is the founder of His websites also include,, and