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re: EBC Book #1 - Economics in One Lesson by Henry Hazlitt
Posted on 6/25/17 at 7:49 pm to RedStickBR
Posted on 6/25/17 at 7:49 pm to RedStickBR
Just finished the book. Really enjoyed it. I thought it had become kind of mundane about halfway through, but it won me over again towards the end and really finished with a bang with its discussion of wages and inflation. I give it four of five stars. What say the rest of you?
1
Posted on 6/29/17 at 9:10 am to RedStickBR
I'm way behind, but I am still going to finish this book. Loved this quote, it is so spot on:
quote:
The whole argument for the government entering the lending business, in fact, is that it will make loans to people who could not get them from private lenders. This is only another way of saying that the government lenders will take risks with other people’s money (the taxpayers’) that private lenders will not take with their own money.
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