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re: EBC Book #1 - Economics in One Lesson by Henry Hazlitt
Posted on 6/30/17 at 8:30 pm to The Johnny Lawrence
Posted on 6/30/17 at 8:30 pm to The Johnny Lawrence
Great notes. I also walked away with a better appreciation of how many of these policies are just covert transfers of wealth. For example, higher inflation is a transfer of wealth from poor to rich and from creditor to debtor. I think I knew that inflation was bad for the poor and good for debtors, but had not quite understood it as a transfer of wealth before. It's now crystal clear for me.
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