Thinking as a Science

It’s incredible that this 1916 tutorial on how to think, by none other than Henry Hazlitt, would still hold up after all these years. But here’s why. Hazlitt was largely self-educated. He read voraciously. He trained himself to be a great intellect. In the middle of this process, he discovered that it is far more […]

The Foundations of Morality

Here is Hazlitt‘s major philosophical work, in which he grounds a policy of private property and free markets in an ethic of classical utilitarianism, understood in the way Mises understood that term. In writing this book, Hazlitt is reviving an 18th and 19th century tradition in which economists wrote not only about strictly economic issues […]

The Economics of Illusion

L. Albert Hahn was one of the most highly regarded economists and bankers in Germany before World War II, but he was unknown in the United States until this translation of The Economics of Illusion appeared in 1949. He immigrated to the United States in 1940. This book is his frontal attack on the Keynesian system, which […]

30 Day Reading List

The 30 Day Reading List that will Lead You to Becoming a Knowledgeable Libertarian The list below will not make anyone a scholar in libertarianism or an expert in Austrian Economics, it is designed to introduce to the busy individual the essence of libertarianism. There are 30 articles listed below. If one reads one article, […]

Economics and Moral Courage

by Llewellyn H. Rockwell, Jr. It must be really painful to be an economist of the mainstream today, or, at least, it should smart to some extent. In a financial and economic calamity of the current scale, people naturally want to know who issued the warnings about the real estate bubble and its likely aftermath. When […]

On Appeasing Envy

by Henry Hazlitt Any attempt to equalize wealth or income by forced redistribution must only tend to destroy wealth and income. Historically the best the would-be equalizers have ever succeeded in doing is to equalize downward. This has even been caustically described as their intention. “Your levellers,” said Samuel Johnson in the mid-eighteenth century, “wish to […]

A Biography of Henry Hazlitt

Henry Stuart Hazlitt was not trained as an economist, but his 1946 book, Economics in One Lesson, taught millions of people that putting government in charge of economic life has some serious negative consequences. College students across America used it then, as now, to learn the dynamics of sensible economic behavior. Hazlitt wrote the book to […]