Economics in one lesson? Not so fast

Henry Hazlitt had written his ‘Economics in One Lesson’ in 1946. The little book has enjoyed immense popularity, going through many reprints. Its focus on free markets, market economics, ensured its popularity among promoters of the school of thought, ideology. Comes now Prof John Quiggin, who thinks, well, that it is not all that all simple, yet not all that complicated.

Author of ‘Zombie Economics’, he uses the blog, Crooked Timber, to elicit the views of commenters on draft excerpts of his ‘Economics in Two Lessons’. In the process Prof Quiggin also underscores one of the strengths of the blogs. Like Hazlitt’s book, his is aimed at the general reader.

Here he posts another draft excerpt, Draft Preface: Economics in Two Lessons. One of the pleasures, and benefits, of following this process, is that we can gain an insight into the art of communicating, clearly and concisely, to readers of differing levels.

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