NEW! Fakespot Chat is live. 

Get answers to your product questions here.

This analysis is outdated. Please reanalyze.

Ask Fakespot Chat questions about this productAlpha

Initializing Fakespot Chat

error

System error,

Loading suggested questions

Suggested Questions

athena-arrow

Suggested Questions

No suggested questions were found

Please note: The content is generated by an AI language model based on reviews. We are constantly improving the accuracy, however, its outputs may contain errors or offensive content from certain reviews. Please report any errors or offensive content to us. Also, please note that we will not collect your questions unless you click the thumbs up/down button to provide feedback. The answers displayed will be stored by us so if another Fakespotter asks a similar question we can provide them an answer faster. Your feedback will only help us make Fakespot Chat better! By using Fakespot Chat, you agree to Fakespot's terms of use and privacy notice.

Pros & Cons

The AI used to provide these results are constantly improving. These results might change.

Pros

The writing is clear and easy to understand, and the message is timeless. It covers many areas, but has a great central thesis as well. The structure and delivery is pretty engaging.

Great reminder to look at the present as well as the future outcomes of economic policy. He reiterates the idea that implementing certain policies cannot be viewed on only affecting a specific group of people but it needs to be careful thought through...  Read More

As a discipline, political economy deals not only with the usual themes of economics. The book is accessible to readers of all levels and provides valuable insights into the role of markets and government in promoting economic prosperity. Economic in ...  Read More

The book does a good job of dispatching some popular fallacies surrounding mainstream politico-economic thought. One of the book's unique aspects is its focus on the broken window fallacy, which is the idea that destruction can create economic growth....  Read More



Cons

If you want to effortlessly learn simple philosophical arguments for laissez faire capitalism, this is the book for you. Don't believe the title because there is no one lesson in economics. The author continuously relates that other's views on economi...  Read More

As a scientist, i'm trained to see that every notion is at best only a hypothesis (or simply stated, someone's guess) unless there is data or evidence to support it. Objectivism thus runs counter to demonstrable scientific fact. If there was ever an h...  Read More

A trade imbalance is impossible. America has a $8 trillion trade imbalance with china, since 2001. The author also glosses over the fact that if the taxable population that will use this bridge is 1,000,. That a single dollar from each person is not a...  Read More

Was this feature helpful?

Highlights

The AI used to provide these results are constantly improving. These results might change.

Quality


He uses realworld scenarios to illustrate economic principles and make the material more accessible to readers


The book is highly effective in teaching the subject matter and readers will benefit from the authors extensive knowledge and p...  Read More


Illuminating presentation of economics and the considerations that should be made but often aren’t when public policy is made


It covers many areas but has a great central thesis as well

Price


Hazlitt has deepened my understanding of opportunity costs to show me that sometimes people only see a and b is invisible


He even helps understand the opportunity costs in wealth transfer through such things as taxes and public employment


The interventions of the state to rise or lower wages prices save industries boost exports lead only to the oposite intentions ...  Read More


Taxes etc as always having two sides

Shipping


The book came in on time and in excellent condition

Competitiveness


In essence it shows how why free markets are almost always far more reliable and efficient without trampling individual rights...  Read More


Henry hazlitt argues that the central lesson of economics is that the free market is the best way to allocate resources

Overview

  • How are reviewers describing this item?
    economic, great, good, easy and many.
  • Our engine has profiled the reviewer patterns and has determined that there is minimal deception involved.
  • Our engine has determined that the review content quality is high and informative.
  • Our engine has detected that Amazon has altered, modified or removed reviews from this listing. We approximate total reviews altered up to 310.
  • Our engine has discovered that over 90% high quality reviews are present.
  • This product had a total of 4,482 reviews as of our last analysis date on Apr 16 2024.

Helpful InsightsBETA

The AI used to provide these results are constantly improving. These results might change.

    Posted by a reviewer on Amazon

    I wanted to get a physical copy to take in the information again


    Posted by a reviewer on Amazon

    He also argues that government intervention in the economy can often do more harm than good


    Posted by a reviewer on Amazon

    One of the books unique aspects is its focus on the 34broken window fallacy34 which is the idea that destruction can create economic growth


    Posted by a reviewer on Amazon

    One area where the book could be improved is in its focus on a freemarket perspective


    Posted by a reviewer on Amazon

    While this perspective is important the book could benefit from a more balanced approach that considers the role of government in promoting economic growth and stability


    Posted by a reviewer on Amazon

    Slightly misleading title i doubt intentionally but not really an econ 101


    Posted by a reviewer on Amazon

    Which are typically full of unquestioned keynsian fallacies anyway

Review Count History
Loading...
Price History
Loading...

Ask Fakespot Chat questions about this productAlpha

Initializing Fakespot Chat

error

System error,

Loading suggested questions

Suggested Questions

athena-arrow

Suggested Questions

No suggested questions were found

Please note: The content is generated by an AI language model based on reviews. We are constantly improving the accuracy, however, its outputs may contain errors or offensive content from certain reviews. Please report any errors or offensive content to us. Also, please note that we will not collect your questions unless you click the thumbs up/down button to provide feedback. The answers displayed will be stored by us so if another Fakespotter asks a similar question we can provide them an answer faster. Your feedback will only help us make Fakespot Chat better! By using Fakespot Chat, you agree to Fakespot's terms of use and privacy notice.