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. -Henry Hazlitt, Economics in One Lesson, 1946

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Monday, September 28, 2009

You Are Invited

Welcome to econin1lesson on blogger.

This effort is related to the many other portal efforts here, here, and here in social media on the internet. It's mission is a simple one, to expose the world to the life and ideas of Henry Hazlitt, in particular, one of his best known works Economics in One Lesson 2 3, the rest of his great works, and more broadly, other authors and their lives and works in the greater school of Austrian Economics in general. Around here, we call the social aspect of this, the Austrian Economics Cloud.

This is not the first effort of its kind, many have come before this and made much more significant impact, even Hazlitt himself, as editor of FEE's The Freeman, getting his early start at The Wall Street Journal, (who's light has long since been removed from its lamp stand), and likewise his efforts as journalist at The New York Times.

Today, The Freeman is still published, Mises Institute and The Independent Institute as well as many colleges and universities feature his works in their economics department with lesser and greater allegiance.

I first read the book after High School which is a telling reference to public high school educations in the 1980s and early '90s. I did not know then, what an important work was in my hands.

I invite you to join this blog, and the many other online resources available, with one additional request:

Review the book as featured here, chapter-by-chapter, or Twitter, Facebook, at C4L, or in the copy on your bookshelf or night stand, and as the events of the day around you or in the news unfold, would you post about them online, from time to time, and link back to the chapter or chapters in the book, as featured here, that are most applicable?

This then, will become an even greater resource through the ages, for as long as the internet is archived and kept alive by modern, and not-so-modern technology.

Welcome to econin1lesson.

Mark R. Watson
Editor and Publisher, econin1lesson