Before we delve into these discussions, it should be noted that this first video refers to a previous video that is currently unavailable. We have replaced it with the earlier reading by Hazlitt. Don’t be confused: you are watching the correct “first” video in this discussion series. Also keep in mind that not every chapter of Hazlitt is covered in this course experience.
In this first session, Thomas J. DiLorenzo, Economics professor at Loyola University Maryland Sellinger School of Business, discusses the misguided thinking that prevailed in the post-WWII era—that the destruction of the war was actually an economic blessing. This view of destruction as a blessing (included in Chapters 2 and 3 of Hazlitt’s work) is covered in the following discussion.