All Posts Tagged With: "Henry Hazlitt"

The Early History of FEE

Henry Hazlitt had a long and distinguished career as economist, journalist, author, editor, and literary critic. This article, first published in the March 1984 issue of The Freeman, is excerpted from his remarks at the Leonard E. Read Memorial Conference on Freedom, November 1983. I’ve been invited to share some recollections about the early days [...]

1May2006 | | 1 comment | Continued

The Freeman: Through the Years

In an age when lots of think-tanks, foundations, organizations, and institutes publish magazines extolling the benefits of free markets, it is hard to imagine the early 1950s, when only a handful of pro-free-market publications existed, most notably The Freeman.

1Jan2006 | | 0 comments | Continued

The Freeman: Ideas on Liberty

Henry Hazlitt (18941993), on the hundredth anniversary of his birth, most deservedly was designated journalist of the century. He also was the last survivor of the founding trustees of the Foundation for Economic Education.

1Jan2006 | | 1 comment | Continued

Destructive Destruction

If we sound like a broken record at times, it’s because sound economic thinking moves slowly through the culture. Case in point: On September 27, USA Today headlined what its reporter and editors must have thought was wonderful news: Economic growth from hurricanes could outweigh costs.” (At this point Dave Barry would say, “I’m not [...]

1Dec2004 | | 0 comments | Continued

The More Things Change . . .

Economic fallacies die hard, which is why reading Henry Hazlitt today is as worthwhile as it ever was. There is certainly a better understanding of the virtues and benefits of markets than there has been in many years—and Hazlitt’s work is surely part of the reason. But freedom will not be achieved by one man, [...]

1Nov2004 | | 0 comments | Continued

Remembering Henry Hazlitt

Henry Hazlitt was one of a very special breed, an economic journalist who not only reported on economic and political events in clear and understandable language, but also made contributions to economics. When I arrived at FEE in 1951, I was just a neophyte in the freedom philosophy. Hazlitt was a trustee, author of the [...]

1Nov2004 | | 3 comments | Continued

Henry Hazlitt and the Failure of Keynesian Economics

For four decades, from the mid-1930s to the 1970s, Keynesian economics almost monopolized economic policy in the United States and around the world. The “new economics,” as it was called, was going to assure mankind economic stability, full employment, and material prosperity—all through wise government management of monetary and fiscal policy. So dominant was this [...]

1Nov2004 | | 40 comments | Continued

Economics in One Lesson: An Appreciation

“The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups.” So writes Henry Hazlitt in chapter one of his classic, Economics in One Lesson. I [...]

1Nov2004 | | 0 comments | Continued

Hazlitt on Gold

Henry Hazlitt concentrated much of his thinking and writing on the topic of money, producing two books and dozens of articles and columns on the subject. His writings during the dark years following World War II, published on the editorial page of the New York Times and in Newsweek, offered intelligent readers ammunition against the [...]

1Nov2004 | | 1 comment | Continued

Hazlitt’s “The Foundations of Morality”

Leland Yeager is the Ludwig von Mises Distinguished Professor of Economics Emeritus at Auburn University and the Paul Goodloe McIntire Professor of Economics Emeritus at the University of Virginia. He is the author of Ethics as Social Science: The Moral Philosophy of Social Cooperation (Elgar, 2002). Editor’s Note: In 1964 Henry Hazlitt published what would [...]

1Nov2004 | | 0 comments | Continued

Novel Economics

Economist Bruce Yandle tells of his first encounter with Henry Hazlitt’s Economics in One Lesson: “I thought to myself, ‘What arrogance!’” Bruce said. “Here was I, fresh from surviving four years in a rigorous economics Ph.D. program, and I run across this slim book in which a journalist announces that he’s going to teach economics [...]

1Nov2004 | | 0 comments | Continued

Hazlitt as a Thinker

Henry Hazlitt was not only a prolific writer, he also succeeded at it early in life. In an unpublished autobiography, Hazlitt recalls that before landing his job at the Wall Street Journal in 1913, at the age of about 18, he finished writing his first book, “with the modest title” Thinking as a Science. He [...]

1Nov2004 | | 0 comments | Continued

Henry Hazlitt on Unions

I know of three (somewhat repetitive) sources for Hazlitt’s views on unions: Chapter 20, “Do Unions Really Raise Wages?” in Economics in One Lesson (1946); Chapter 13, “How Unions Reduce Real Wages,” in his The Conquest of Poverty (New Rochelle, N.Y.: Arlington House, 1973); and his chapter in The Strike: For and Against, introduced by [...]

1Nov2004 | | 0 comments | Continued

Myths of the New Deal

A persistent myth in American history is that Franklin Roosevelt and the New Deal created jobs during the Great Depression and helped the poor “forgotten man” who was thrown out of work. Almost every American history text echoes this myth in its pages. Irwin Unger, for example, who won a Pulitzer Prize for a book [...]

1Aug2002 | | 3 comments | Continued

Vienna and Chicago: A Tale of Two Schools

Since its inception, the Foundation for Economic Education has been associated with two free-market schools, the Austrian school of Ludwig von Mises and, to a lesser extent, the Chicago school of Milton Friedman. Mises, after leaving Vienna for New York City, was closely involved with Leonard Read, FEE’s founder. He spoke frequently at FEE’s headquarters in Irvington-on-Hudson, and wrote regularly for The Freeman.

1Feb1998 | | 2 comments | Continued

Is Politics Insoluble? by Henry Hazlitt edited by Felix Livingston

The Foundation for Economic Education • 1997 • 143 pages • $14.95 paperback When Henry Hazlitt died in 1993 at the age of 98, advocates of liberty lost one of their greatest spokesmen. Rare indeed is the individual who combines a deep, penetrating mind, clear writing, and the will to keep battling against the tide [...]

1Jan1998 | | 0 comments | Continued

Who Said What About Liberty? (a quiz)

The literature of liberty offers double pleasure. You can often enjoy both dynamic ideas and great eloquence. Just for fun, see if you can match the following unforgettable quotations with their authors. The quotations are representative views of many of the greatest thinkers in the history of liberty: A. Lord Acton B. Benjamin Franklin C. [...]

1Jul1997 | | 1 comment | Continued
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