Description
An introduction to basic economics based on a thorough analysis of the most popular economic fallacies. The shortest and surest way to understand basic economics.
Table of Contents
- The Lesson
- The Broken Window
- The Blessings of Destruction
- Public Works Mean Taxes
- Taxes Discourage Production
- Credit Diverts Production
- The Curse of Machinery
- Spread-the-Work Schemes
- Disbanding Troops and Bureaucrats
- The Fetish of Full Employment
- Who’s “Protected” by Tariffs?
- The Drive for Exports
- “Parity” Prices
- Saving the X Industry
- How the Price System Works
- “Stabilizing” Commodities
- Government Price-Fixing
- What Rent Control Does
- Minimum Wage Laws
- Do Unions Really Raise Wages?
- Enough to Buy Back the Product
- The Function of Profits
- The Mirage of Inflation
- The Assault on Saving
- The Lesson Restated
- The Lesson After Thirty Years
A Note On Books
Index
