Tag Archives: Economics in One Lesson

The BookShelf: Economics in One Lesson

I finished reading Economics in One Lesson weeks ago, but haven’t got around to reviewing it yet. So, here goes.

First, the title is misleading, this book will not teach you basic economics, it is more concerned about correcting basic statist and keynesian errors in economic thinking. Also, it’s 25 small lessons, not one, although, at only about 200 pages you could finish it in an evening if you put your mind to it.

That being said the book is a good one. It is written well and is moderately simple read. It’s a little dry, but not overly so given the subject matter. The arguments are solid and concise and the book is neatly organized.

If you desire to learn about the many economic errors of statism and good, simple counter-arguments to statist arguments, this book will provide. If you have a statist friend, this book would be a good recommendation. On the other hand, you will not learn basic economics, only basic economic errors.

One problem with the book is that it is 50+ years old now, so many of the arguments are now standard within the conservative/libertarian narrative. If you’ve read much about economics or been involved in political debates online, you might find many parts of the book to be somewhat obvious, as you’ve already heard them repeated endlessly. Even so, having the arguments systematized and summarized is useful.

Also, if you’ve read What is Seen and What is Unseen, most of that book’s argument are also addressed here. If you read EON, it would be unnecessary to read WSWU, expect for enjoyment purposes.

Recommendation:

You should read Economics in One Lesson if you’re interested in economics, interested in politics, or want some counters to common statist economic arguments. If you already very knowledgeable about free market economics, this book will likely be unnecessary, although you may still like an organized version of common free market arguments.

What’s next:

A few weeks ago, I started reading John C. Wright’s Universal Apology. It, along with a dissatisfaction with evangelicalism that has been growing within for the last couple of years, has got me to seriously question my protestantism. So, the reading lists are going to go more slowly while I read a bit about the Catholic Church, the Orthodox Church, canon formation, and the like. I will likely post interesting topics I come across here; I may or may not do book reviews. If anyone is interested I’m currently going through The Biblical Canon; I also plan to read the Spirit of Catholicism, the Orthodox Church, and Christianity: the First 3000 Years.

Expect the occasional thread on Catholicism or my readings on here. I may occasionally ask my Catholic/Orthodox readers some questions.

While the reading lists are going to be slow, they are not stopping altogether. I’m still sporadically reading Boston’s Gun Bible and have started sporadically reading Sowell’s Basic Economics. When these are done (whenever that may be) I will review them here. I also am going to start reading the Brothers Karamazov for a book group I’m in, I may or may not review it here and I’ll share any profound thoughts I may have about it.

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