Robert Murphy, an economist specializing in climate change with the Institute for Energy Research, now takes up the discussion with Tucker of Hazlitt’s Chapters 7 and 8. They seek to deal with negatives views of machinery and positive views of work specialization.
Course Profile
- EST. TIME 2 hrs
-
SUBJECT
- 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
related works
Economics in One Lesson
Henry Hazlitt
The General Theory of Employment, Interest and Money
John Maynard Keynes