
My rating: 4 of 5 stars
Hazlitt exposes one of the basic fallacies in economic policy: Most policies are made for one group of people and only look at short term results. He argues economic policies should be made with all groups in mind and should look at long term results. It contains a lot of common sense economic wisdom. He repeats himself as he shows how the fallacy works itself out in various governmental policies. I found it eye-opening.
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