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Book Dear Undercover Economist

Download or read book Dear Undercover Economist written by Tim Harford and published by Random House. This book was released on 2009-08-25 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: Look out for Tim's next book, The Data Detective. Throughout history, great philosophers have been answering profound questions about life. But do they know why your socks keep disappearing from the dryer, or how to choose the quickest line at the supermarket? Probably not, but Tim Harford does. . . . In Dear Undercover Economist, the first collection of his wildly popular Financial Times columns, Tim Harford offers witty, charming, and at times caustic answers to our most pressing concerns–all through the lens of economics. Does money buy happiness? Is “the one” really out there? Can cities be greener than farms? Can you really “dress for success”? When’s the best time to settle down? Harford provides brilliant, hilarious, unexpected, and wise answers to these and other questions. Arranged by topic, easy to read, and hard to put down, Dear Undercover Economist lends an outrageous, compassionate, and indispensable perspective on anything that may irk or ail you–a book well worth the investment.

Book The Undercover Economist

Download or read book The Undercover Economist written by Tim Harford and published by Random House Trade Paperbacks. This book was released on 2007-01-30 with total page 279 pages. Available in PDF, EPUB and Kindle. Book excerpt: “The economy [isn’t] a bunch of rather dull statistics with names like GDP (gross domestic product),” notes Tim Harford, columnist and regular guest on NPR’s Marketplace, “economics is about who gets what and why.” In this acclaimed and riveting book–part exposé, part user’s manual–the astute and entertaining columnist from the Financial Times demystifies the ways in which money works in the world. From why the coffee in your cup costs so much to why efficiency is not necessarily the answer to ensuring a fair society, from improving health care to curing crosstown traffic–all the dirty little secrets of dollars and cents are delightfully revealed by The Undercover Economist. “A rare specimen: a book on economics that will enthrall its readers . . . It brings the power of economics to life.” –Steven D. Levitt, coauthor of Freakonomics “A playful guide to the economics of everyday life, and as such is something of an elder sibling to Steven Levitt’s wild child, the hugely successful Freakonomics.” –The Economist “A tour de force . . . If you need to be convinced of the everrelevant and fascinating nature of economics, read this insightful and witty book.” –Jagdish Bhagwati, author of In Defense of Globalization “This is a book to savor.” –The New York Times “Harford writes like a dream. From his book I found out why there’s a Starbucks on every corner [and] how not to get duped in an auction. Reading The Undercover Economist is like spending an ordinary day wearing X-ray goggles.” –David Bodanis, author of Electric Universe “Much wit and wisdom.” –The Houston Chronicle From Publishers Weekly Nattily packaged-the cover sports a Roy Lichtensteinesque image of an economist in Dick Tracy garb-and cleverly written, this book applies basic economic theory to such modern phenomena as Starbucks' pricing system and Microsoft's stock values. While the concepts explored are those encountered in Microeconomics 101, Harford gracefully explains abstruse ideas like pricing along the demand curve and game theory using real world examples without relying on graphs or jargon. The book addresses free market economic theory, but Harford is not a complete apologist for capitalism; he shows how companies from Amazon.com to Whole Foods to Starbucks have gouged consumers through guerrilla pricing techniques and explains the high rents in London (it has more to do with agriculture than one might think). Harford comes down soft on Chinese sweatshops, acknowledging "conditions in factories are terrible," but "sweatshops are better than the horrors that came before them, and a step on the road to something better." Perhaps, but Harford doesn't question whether communism or a capitalist-style industrial revolution are the only two choices available in modern economies. That aside, the book is unequaled in its accessibility and ability to show how free market economic forces affect readers' day-to-day. Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved. From Bookmarks Magazine Harford exposes the dark underbelly of capitalism in Undercover Economist. Compared with Steven Levitt’s and Stephen J. Dubner’s popular Freakonomics (*** July/Aug 2005), the book uses simple, playful examples (written in plain English) to elucidate complex economic theories. Critics agree that the book will grip readers interested in understanding free-market forces but disagree about Harford’s approach. Some thought the author mastered the small ideas while keeping in sight the larger context of globalization; others faulted Harford for failing to criticize certain economic theories and to ground his arguments in political, organizational structures. Either way, his case studies—some entertaining, others indicative of times to come—will make you think twice about that cup of coffee. Copyright © 2004 Phillips & Nelson Media, Inc.

Book The Logic of Life

Download or read book The Logic of Life written by Tim Harford and published by Anchor Canada. This book was released on 2009-02-24 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: In The Logic of Life, bestselling author Tim Harford quite simply makes sense of this world. Life often seems to defy logic. The receptionist is clearly smarter than the boss who earns fifty times her salary. Arbitrary lines starkly divide the desirable districts of the city from the dangerous ones. Voters flock to the polling booths to elect candidates who’ll rip them off to favour special interests. None of it makes logical sense — or does it? Economist and acclaimed author Tim Harford thinks it does. By weaving stories from locations as diverse as a Vegas casino to a barroom speed date, Harford aims to persuade you that people are, in fact, surprisingly logical. When a street prostitute agrees to unprotected sex, or a teenage criminal embarks on a burglary — perhaps especially when a racist employer disregards a black job applicant — we would seem to be a million miles from rational behaviour. Harford shows that, discomfitingly, we are not. It turns out that the unlikeliest of people are complying with the logic of economics and responding to future costs and benefits, often without realizing it; and socially tragic outcomes can have their roots in individually rational decisions. Brilliantly reasoned, always entertaining and often provocative, The Logic of Life is a book to help you understand yourself and the world around you.

Book The Undercover Economist Strikes Back

Download or read book The Undercover Economist Strikes Back written by Tim Harford and published by Penguin. This book was released on 2015-01-06 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: A provocative and lively exploration of the increasingly important world of macroeconomics, by the author of the bestselling The Undercover Economist. Thanks to the worldwide financial upheaval, economics is no longer a topic we can ignore. From politicians to hedge fund managers to middle-class IRA holders, everyone must pay attention to how and why the global economy works the way it does. Enter Financial Times columnist and bestselling author Tim Harford. In this new book that demystifies macroeconomics, Harford strips away the spin, the hype, and the jargon to reveal the truth about how the world’s economy actually works. With the wit of a raconteur and the clear grasp of an expert, Harford explains what’s really happening beyond today’s headlines, why all of us should care, and what we can do about it to understand it better.

Book Dear Undercover Economist

Download or read book Dear Undercover Economist written by Tim Harford and published by Hachette UK. This book was released on 2009-07-30 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: Are there tangible benefits in flossing? Is it wrong to fake orgasms? What does the perfect online dating ad look like? Should we bother doing the ironing? Is it really impossible to buy the perfect Christmas gift? (Other than this book, of course.) Economists might not be the first people you would think of to give you advice on such diverse areas as parenting, the intricacies of etiquette or the dark arts of seduction. But for years bestselling author Tim Harford has been doing just that: answering the most challenging questions in his brilliant column, where he uses the tools of economics to give practical advice about everyday dilemmas, conundrums and concerns. From family rows and the stock market to buying socks or speed dating, you'll find within these pages a witty - and of course rational - explanation for almost everything you ever wanted to know about life.

Book How to Make the World Add Up

Download or read book How to Make the World Add Up written by Tim Harford and published by Abacus. This book was released on 2021-05-06 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: Factfulness meets How to Be Right in this major new book from globally bestselling economist Tim Harford 'Tim Harford is our most likeable champion of reason and rigour... clear, clever and always highly readable' Times Books of the Year 'If you aren't in love with stats before reading this book, you will be by the time you're done. Powerful, persuasive, and in these truth-defying times, indispensable' Caroline Criado Perez, author of Invisible Women 'Nobody makes the statistics of everyday life more fascinating and enjoyable than Tim Harford' Bill Bryson 'Fabulously readable, lucid, witty and authoritative . . . Every politician and journalist should be made to read this book, but everyone else will get so much pleasure and draw so much strength from the joyful way it dispels the clouds of deceit and delusion' Stephen Fry 'Wise, humane and, above all, illuminating. Nobody is better on statistics and numbers - and how to make sense of them' Matthew Syed THE SUNDAY TIMES BUSINESS BESTSELLER When was the last time you read a grand statement, accompanied by a large number, and wondered whether it could really be true? Statistics are vital in helping us tell stories - we see them in the papers, on social media, and we hear them used in everyday conversation - and yet we doubt them more than ever. But numbers - in the right hands - have the power to change the world for the better. Contrary to popular belief, good statistics are not a trick, although they are a kind of magic. Good statistics are not smoke and mirrors; in fact, they help us see more clearly. Good statistics are like a telescope for an astronomer, a microscope for a bacteriologist, or an X-ray for a radiologist. If we are willing to let them, good statistics help us see things about the world around us and about ourselves - both large and small - that we would not be able to see in any other way. In How to Make the World Add Up, Tim Harford draws on his experience as both an economist and presenter of the BBC's radio show 'More or Less'. He takes us deep into the world of disinformation and obfuscation, bad research and misplaced motivation to find those priceless jewels of data and analysis that make communicating with numbers worthwhile. Harford's characters range from the art forger who conned the Nazis to the stripper who fell in love with the most powerful congressman in Washington, to famous data detectives such as John Maynard Keynes, Daniel Kahneman and Florence Nightingale. He reveals how we can evaluate the claims that surround us with confidence, curiosity and a healthy level of scepticism. Using ten simple rules for understanding numbers - plus one golden rule - this extraordinarily insightful book shows how if we keep our wits about us, thinking carefully about the way numbers are sourced and presented, we can look around us and see with crystal clarity how the world adds up.

Book The Data Detective

Download or read book The Data Detective written by Tim Harford and published by Penguin. This book was released on 2022-02-01 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: From “one of the great (greatest?) contemporary popular writers on economics” (Tyler Cowen) comes a smart, lively, and encouraging rethinking of how to use statistics. Today we think statistics are the enemy, numbers used to mislead and confuse us. That’s a mistake, Tim Harford says in The Data Detective. We shouldn’t be suspicious of statistics—we need to understand what they mean and how they can improve our lives: they are, at heart, human behavior seen through the prism of numbers and are often “the only way of grasping much of what is going on around us.” If we can toss aside our fears and learn to approach them clearly—understanding how our own preconceptions lead us astray—statistics can point to ways we can live better and work smarter. As “perhaps the best popular economics writer in the world” (New Statesman), Tim Harford is an expert at taking complicated ideas and untangling them for millions of readers. In The Data Detective, he uses new research in science and psychology to set out ten strategies for using statistics to erase our biases and replace them with new ideas that use virtues like patience, curiosity, and good sense to better understand ourselves and the world. As a result, The Data Detective is a big-idea book about statistics and human behavior that is fresh, unexpected, and insightful.

Book Adapt

    Book Details:
  • Author : Tim Harford
  • Publisher : Farrar, Straus and Giroux
  • Release : 2011-05-10
  • ISBN : 1429920688
  • Pages : 320 pages

Download or read book Adapt written by Tim Harford and published by Farrar, Straus and Giroux. This book was released on 2011-05-10 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this groundbreaking book, Tim Harford, the Undercover Economist, shows us a new and inspiring approach to solving the most pressing problems in our lives. When faced with complex situations, we have all become accustomed to looking to our leaders to set out a plan of action and blaze a path to success. Harford argues that today's challenges simply cannot be tackled with ready-made solutions and expert opinion; the world has become far too unpredictable and profoundly complex. Instead, we must adapt. Deftly weaving together psychology, evolutionary biology, anthropology, physics, and economics, along with the compelling story of hard-won lessons learned in the field, Harford makes a passionate case for the importance of adaptive trial and error in tackling issues such as climate change, poverty, and financial crises—as well as in fostering innovation and creativity in our business and personal lives. Taking us from corporate boardrooms to the deserts of Iraq, Adapt clearly explains the necessary ingredients for turning failure into success. It is a breakthrough handbook for surviving—and prospering— in our complex and ever-shifting world.

Book Messy

    Book Details:
  • Author : Tim Harford
  • Publisher :
  • Release : 2016-10-27
  • ISBN : 9781408706763
  • Pages : 0 pages

Download or read book Messy written by Tim Harford and published by . This book was released on 2016-10-27 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The urge to tidiness seems to be rooted deep in the human psyche. Many of us feel threatened by anything that is vague, unplanned, scattered around or hard to describe. We find comfort in having a script to rely on, a system to follow, in being able to categorise and file away. We all benefit from tidy organisation - up to a point. A large library needs a reference system. Global trade needs the shipping container. Scientific collaboration needs measurement units. But the forces of tidiness have marched too far. Corporate middle managers and government bureaucrats have long tended to insist that everything must have a label, a number and a logical place in a logical system. Now that they are armed with computers and serial numbers, there is little to hold this tidy-mindedness in check. It's even spilling into our personal lives, as we corral our children into sanitised play areas or entrust our quest for love to the soulless algorithms of dating websites. Order is imposed when chaos would be more productive. Or if not chaos, then . . . messiness. The trouble with tidiness is that, in excess, it becomes rigid, fragile and sterile. In Messy, Tim Harford reveals how qualities we value more than ever - responsiveness, resilience and creativity - simply cannot be disentangled from the messy soil that produces them. This, then, is a book about the benefits of being messy: messy in our private lives; messy in the office, with piles of paper on the desk and unread spreadsheets; messy in the recording studio, the laboratory or in preparing for an important presentation; and messy in our approach to business, politics and economics, leaving things vague, diverse and uncomfortably made-up-on-the-spot. It's time to rediscover the benefits of a little mess.

Book Fifty Things that Made the Modern Economy

Download or read book Fifty Things that Made the Modern Economy written by Tim Harford and published by Hachette UK. This book was released on 2017-07-06 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on the series produced for the BBC World Service Who thought up paper money? How did the contraceptive pill change the face of the legal profession? Why was the horse collar as important for human progress as the steam engine? How did the humble spreadsheet turn the world of finance upside-down? The world economy defies comprehension. A continuously-changing system of immense complexity, it offers over ten billion distinct products and services, doubles in size every fifteen years, and links almost every one of the planet's seven billion people. It delivers astonishing luxury to hundreds of millions. It also leaves hundreds of millions behind, puts tremendous strains on the ecosystem, and has an alarming habit of stalling. Nobody is in charge of it. Indeed, no individual understands more than a fraction of what's going on. How can we make sense of this bewildering system on which our lives depend? From the tally-stick to Bitcoin, the canal lock to the jumbo jet, each invention in Tim Harford's fascinating new book has its own curious, surprising and memorable story, a vignette against a grand backdrop. Step by step, readers will start to understand where we are, how we got here, and where we might be going next. Hidden connections will be laid bare: how the barcode undermined family corner shops; why the gramophone widened inequality; how barbed wire shaped America. We'll meet the characters who developed some of these inventions, profited from them, or were ruined by them. We'll trace the economic principles that help to explain their transformative effects. And we'll ask what lessons we can learn to make wise use of future inventions, in a world where the pace of innovation will only accelerate.

Book The Undercover Economist

Download or read book The Undercover Economist written by Tim Harford and published by Anchor Canada. This book was released on 2007-01-30 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: An international bestseller, The Undercover Economist is an entertaining and pain-free introduction to the key concepts of economics, by a popular Financial Times writer. Exposing Why the Rich Are Rich, the Poor Are Poor – and Why You Can Never Buy a Decent Used Car! Tim Harford’s bestselling debut is part field guide to economics and part exposé of the economic principles lurking behind daily events. Showing us the world through the eyes of an economist, Harford reveals that everyday events are in fact intricate games of negotiations, contests of strength, and battles of wits. He explains: -Why picking stocks is like picking a line in the supermarket -The connection between a drunken frat party and getting stuck in traffic -How coffee companies use fair trade products to skim money from customers This book offers the hidden story behind these and other questions, as Harford reports back from Africa, Asia, Europe, and your local Starbucks. Written with a light touch and sly wit, The Undercover Economist turns “the dismal science” into a true delight.

Book Nickel and Dimed

    Book Details:
  • Author : Barbara Ehrenreich
  • Publisher : Metropolitan Books
  • Release : 2010-04-01
  • ISBN : 1429926643
  • Pages : 256 pages

Download or read book Nickel and Dimed written by Barbara Ehrenreich and published by Metropolitan Books. This book was released on 2010-04-01 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: The New York Times bestselling work of undercover reportage from our sharpest and most original social critic, with a new foreword by Matthew Desmond, author of Evicted Millions of Americans work full time, year round, for poverty-level wages. In 1998, Barbara Ehrenreich decided to join them. She was inspired in part by the rhetoric surrounding welfare reform, which promised that a job—any job—can be the ticket to a better life. But how does anyone survive, let alone prosper, on $6 an hour? To find out, Ehrenreich left her home, took the cheapest lodgings she could find, and accepted whatever jobs she was offered. Moving from Florida to Maine to Minnesota, she worked as a waitress, a hotel maid, a cleaning woman, a nursing-home aide, and a Wal-Mart sales clerk. She lived in trailer parks and crumbling residential motels. Very quickly, she discovered that no job is truly "unskilled," that even the lowliest occupations require exhausting mental and muscular effort. She also learned that one job is not enough; you need at least two if you int to live indoors. Nickel and Dimed reveals low-rent America in all its tenacity, anxiety, and surprising generosity—a land of Big Boxes, fast food, and a thousand desperate stratagems for survival. Read it for the smoldering clarity of Ehrenreich's perspective and for a rare view of how "prosperity" looks from the bottom. And now, in a new foreword, Matthew Desmond, author of Evicted: Poverty and Profit in the American City, explains why, twenty years on in America, Nickel and Dimed is more relevant than ever.

Book The Up Side of Down

Download or read book The Up Side of Down written by Megan McArdle and published by Penguin. This book was released on 2014-02-11 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Clever, surprisingly fast-paced, and enlightening.” —Forbes Most new products fail. So do most businesses. And most of us, if we are honest, have experienced a major setback in our personal or professional lives. So what determines who will bounce back and follow up with a home run? What separates those who keep treading water from those who harness the lessons from their mistakes? One of our most popular business bloggers, Megan McArdle takes insights from emergency room doctors, kindergarten teachers, bankruptcy judges, and venture capitalists to teach us how to reinvent ourselves in the face of failure. The Up Side of Down is a book that just might change the way you lead your life.

Book Fragile Empire

    Book Details:
  • Author : Ben Judah
  • Publisher : Yale University Press
  • Release : 2013-04-15
  • ISBN : 0300185251
  • Pages : 558 pages

Download or read book Fragile Empire written by Ben Judah and published by Yale University Press. This book was released on 2013-04-15 with total page 558 pages. Available in PDF, EPUB and Kindle. Book excerpt: “A beautifully written and very lively study of Russia that argues that the political order created by Vladimir Putin is stagnating” (Financial Times). From Kaliningrad on the Baltic to the Russian Far East, journalist Ben Judah has traveled throughout Russia and the former Soviet republics, conducting extensive interviews with President Vladimir Putin’s friends, foes, and colleagues, government officials, business tycoons, mobsters, and ordinary Russian citizens. Fragile Empire is the fruit of Judah’s thorough research: A probing assessment of Putin’s rise to power and what it has meant for Russia and her people. Despite a propaganda program intent on maintaining the cliché of stability, Putin’s regime was suddenly confronted in December 2011 by a highly public protest movement that told a different side of the story. Judah argues that Putinism has brought economic growth to Russia but also weaker institutions, and this contradiction leads to instability. The author explores both Putin’s successes and his failed promises, taking into account the impact of a new middle class and a new generation, the Internet, social activism, and globalization on the president’s impending leadership crisis. Can Russia avoid the crisis of Putinism? Judah offers original and up-to-the-minute answers. “[A] dynamic account of the rise (and fall-in-progress) of Russian President Vladimir Putin.” —Publishers Weekly “[Judah] shuttles to and fro across Russia’s vast terrain, finding criminals, liars, fascists and crooked politicians, as well as the occasional saintly figure.” —The Economist “His lively account of his remote adventures forms the most enjoyable part of Fragile Empire, and puts me in mind of Chekhov’s famous 1890 journey to Sakhalin Island.” —The Guardian

Book A Little History of Economics

Download or read book A Little History of Economics written by Niall Kishtainy and published by Yale University Press. This book was released on 2017-03-07 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: A lively, inviting account of the history of economics, told through events from ancient to modern times and the ideas of great thinkers in the field What causes poverty? Are economic crises inevitable under capitalism? Is government intervention in an economy a helpful approach or a disastrous idea? The answers to such basic economic questions matter to everyone, yet the unfamiliar jargon and math of economics can seem daunting. This clear, accessible, and even humorous book is ideal for young readers new to economics and for all readers who seek a better understanding of the full sweep of economic history and ideas. Economic historian Niall Kishtainy organizes short, chronological chapters that center on big ideas and events. He recounts the contributions of key thinkers including Adam Smith, David Ricardo, Karl Marx, John Maynard Keynes, and others, while examining topics ranging from the invention of money and the rise of agrarianism to the Great Depression, entrepreneurship, environmental destruction, inequality, and behavioral economics. The result is a uniquely enjoyable volume that succeeds in illuminating the economic ideas and forces that shape our world.

Book The Brutal Reality of Day Trading for Beginners

Download or read book The Brutal Reality of Day Trading for Beginners written by J.R. Calcaterra and published by Createspace Independent Publishing Platform. This book was released on 2015-09-27 with total page 187 pages. Available in PDF, EPUB and Kindle. Book excerpt: Trading is absolutely the most difficult challenge that you will undertake in your life and will test your emotions, patience and be more than you ever could be prepared for as a self-directed beginner trader. While trading is certainly easy once you know what to do, learning it and becoming successful at it can be long and brutally hard or slow and consistent, that part is up to you. The brutal truth is that there does not have to be failure to gain success if you have the right information from the very first day you start off learning this business. Unfortunately though, brand new investors and traders are given mostly the wrong information and taught to do things that in the real world of trading in live markets are not even realistic to do and can cause them to lose money right away. Some of the things you will read in The Brutal Reality of Day Trading for Beginners are harsh for sure however they are the truth in trading. The Brutal Reality of Day Trading for Beginners is designed to give the brand new self-directed beginner investor and trader a harsh reality check on trying to do this business and not having thought it through or having and working from a rule based plan. The basic information they need to get going and start making money right away in the financial markets is within this short book. Everything that is in this book must be done by all brand new investors and traders. All successful market participants have had to do everything that is discussed in this book, there are zero shortcuts and should you try to take one and not learn what The Brutal Reality of Day Trading for Beginners tells you, you will most assuredly lose some or all of your hard earned capital. The information The Brutal Reality of Day Trading for Beginners will help you to cut down your learning curve and put you on the fast track to making real income from the live financial markets right away if you can grasp the basic principles right away. There is no timetable set in stone on how long it should take to learn to do this business the right way from the first day, you don’t need to be in any hurry because the market is always going to be there waiting to pay you!

Book Economics in One Lesson

Download or read book Economics in One Lesson written by Henry Hazlitt and published by Crown Currency. This book was released on 2010-08-11 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: With over a million copies sold, Economics in One Lesson is an essential guide to the basics of economic theory. A fundamental influence on modern libertarianism, Hazlitt defends capitalism and the free market from economic myths that persist to this day. Considered among the leading economic thinkers of the “Austrian School,” which includes Carl Menger, Ludwig von Mises, Friedrich (F.A.) Hayek, and others, Henry Hazlitt (1894-1993), was a libertarian philosopher, an economist, and a journalist. He was the founding vice-president of the Foundation for Economic Education and an early editor of The Freeman magazine, an influential libertarian publication. Hazlitt wrote Economics in One Lesson, his seminal work, in 1946. Concise and instructive, it is also deceptively prescient and far-reaching in its efforts to dissemble economic fallacies that are so prevalent they have almost become a new orthodoxy. Economic commentators across the political spectrum have credited Hazlitt with foreseeing the collapse of the global economy which occurred more than 50 years after the initial publication of Economics in One Lesson. Hazlitt’s focus on non-governmental solutions, strong — and strongly reasoned — anti-deficit position, and general emphasis on free markets, economic liberty of individuals, and the dangers of government intervention make Economics in One Lesson every bit as relevant and valuable today as it has been since publication.