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Here is a publishing event: the new Mises Institute edition of the classic book that has taught many millions sound economic thinking. It is a hardbound volume, priced very low thanks to special benefactors, and now available in quantity discounts for distribution to your friends, family, and anyone you meet who needs to understand what economics implies for the society, government, and civilization.

Henry Hazlitt wrote this book following his stint at the New York Times as an editorialist. His hope was to reduce the whole teaching of economics to a few principles and explain them in ways that people would never forget. It worked. He relied on some stories by Bastiat and his own impeccable capacity for logical thinking and crystal-clear prose.

He was writing under the influence of Mises himself, of course, but he brought his own special gifts to the project. As just one example, this is the book that made the idea of the "broken window fallacy" so famous.

What thrills us in particular about this new edition is that it is beautiful, it is hardcover, and it is newly typeset for modern readers. It has a full index. It includes a wonderful foreword by Walter Block. It's the right size, shape, and feel – perfect for making this book central to all educational efforts of the future.

This is the book to send to reporters, politicians, pastors, political activists, teachers, or anyone else who needs to know.

Professor Block explains that it was this book that turned him on to economics as a science. He believes that it is probably the most important economics book ever written in the sense that it offers the greatest hope to educating everyone about the meaning of the science.

Written for the non-academic, it has served as the major antidote to fallacies in the popular press, and has appeared in dozens of languages and printings. It's still the quickest way to learn how to think like an economist. And this is why it has been used in the best classrooms more than sixty years.

Many writers have since attempted to beat this book as an introduction, but have never succeeded. Hazlitt's book remains the best. Even if you own this book already, or have several past editions, you will want to have this book as your own as a wonderful testament to its place in the world of ideas.

In putting this edition together, we chose to work from Hazlitt's own first edition because it contains the core of what is crucial here without later updates that only date the book. As with Mises and Human Action, the author's first instincts were the best ones.

亨利‧赫兹利特（Henry Hazlitt）

美国20世纪最重要的经济专栏作家，《福布斯》杂志总编辑斯蒂夫•福布斯尊称他为“20世纪最杰出的经济新闻人”，当代“自由至上主义者”运动的重要参与者，奥地利经济学派的重要成员。

他曾供职于《华尔街日报》、《纽约邮报》，后来又为《纽约时报》撰写经济方面的文章。1946～1966年，他在《新闻周刊》开设固定专栏，撰写经济学普及文章，引导数百万读者了解经济学基础知识，传播自由经济理念，影响力极为深远。

《一课经济学》是他的第一本重要著作，这本书1946年一出版即成为当时的畅销书，至今已被翻译成8种文字，在全球销量早已突破百万。他一生勤于写作，撰写了18本专著和无数的评论文章。其重要著作还有《道德的基础》、《凯恩斯经济学批判》等。

Part One: The Lesson
Part Two: The Lesson Applied
The Broken Window
The Blessings of Destruction
Public Works Mean Taxes
Taxes Discourage Production
Credit Diverts Production
The Curse of Machinery
Spread-the-Work Schemes
Disbanding Troops and Bureaucrats
The Fetish of Full Employment
Who's "Protected" by Tariffs?
The Drive for Exports
"Parity" Prices
Saving the X Industry
How the Price System Works
"Stabilizing" Commodities
Government Price-Fixing
Minimum Wage Laws
Do Unions Really Raise Wages?
"Enough to Buy Back the Product"
The Function of Profits
The Mirage of Inflation
The Assault on Savings
The Lesson Restated
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