ESCP Europe

"This revised and updated edition of Hazlett's well-regarded exposition of general economic principles examines, in layman's terms, the effects of inflation, recession, and the growing tax revolt." - description from Worldcat.

Preface --- PART ONE: THE LESSON --- 1. The lesson --- PART TWO: THE LESSON APPLIED --- 2. The broken window --- 3. The blessings of destruction --- 4. Public works mean taxes --- 5. Taxes discourage production --- 6. Credit diverts production --- 7. The curse of machinery --- 8. Spread-the-work schemes --- 9. Disbanding troops and bureaucrats --- 10. The fetish of full employment --- 11. Who's 'protected' by tariffs? --- 12. The drive for exports --- 13. 'Parity' prices --- 14. Saving the X industry --- 15. How the price system works --- 16. 'Stabilizing' commodities --- 17. Government price-fixing --- 18. What rent control does --- 19. Minimum wage laws --- 20. Do unions really raise wages? --- 21. 'Enough to buy back the product' --- 22. The function of profits --- 23. The mirage of inflation --- 24. The assault on saving --- 25. The lesson restated --- PART THREE: THE LESSON AFTER THIRTY YEARS --- 26. The lesson after thirty years --- A note on books --- Index..