In this session, Chapters 4 and 5 of Hazlitt are discussed by Jeffrey Herbener and Jeffrey Tucker. Herbener is a professor at Grove City College and a fellow at the Von Mises Institute. These two chapters wrestle with the notion that the government can help the economy by creating jobs through public works.
Course Profile
- EST. TIME 2 hrs
-
SUBJECT
Economics and Enterprise
- POINTS 1000
course outline
- Introduction
- The Broken Window and The Blessings of Destruction
- Public Works Mean Taxes and Taxes Discourage Production
- Abundant Credit Diverts Production
- The Curse of Machinery and Spread-the-Work Schemes
- Disbanding Troops and Bureaucrats and The Fetish of Full Employment
- Who's Protected By Tariffs? and The Drive for Exports
- Parity Prices and Saving the X Industry
- How The Price System Works and Stabilizing Commodities
- Minimum Wage Laws and Do Unions Really Raise Wages?
- The Function of Profits and The Mirage of Inflation
- The Assault on Savings
- Summary
- Resources for Further Study
- Survey
- Assessment
Source Attribution
