Must Reading for Money Theory Apr 25, 2007
Hazlitt has written one of the four or five most important books in the history of economics. It is must reading for anyone who wishes to understand the difficult relationship between politics and money, between personal ambition and civic welfare, between the tangibles and the intangibles of economic policy. Like anything else, money has its own set of laws, its own dichotomies and dynamics, its own effects on anyone who touches it. These laws have never been more clearly or more comprehensively formulated than by Henry Hazlitt in this book. It is no wonder that Ronald Reagan used it as a linchpin of his economic theory.