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Cover of Economics in One Lesson by Henry Hazlitt
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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