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Economics
Economics in One Lesson
By
Henry Hazlitt
Economics in One Lesson teaches readers to ask what happens after the first obvious result. A choice may help one group today and create a cost somewhere else tomorrow. I like that habit because business decisions also have second and third effects. The policy arguments reach far beyond the daily work of making a company sellable. You do not need to settle every economic debate to use the main idea. Ask who else is affected, what changes next, and whether the gain will last.
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