Economics in an Evening. All the Delusions About Wealth, Inflation, and Your Salary

This book is the shortest and simplest way to understand economic theory. World-renowned journalist and proponent of the "Austrian School" Henry Hazlitt, with biting irony, thoroughly dismantles the teachings that all developed and developing countries base their policies on today. Everyone gets criticized - Marx, Keynes, and even Adam Smith. Dissecting the "wounds of American capitalism," the author exposes the errors of U.S. economic policy through real cases and clearly demonstrates how to untangle the web of contradictory delusions of politicians and scholars to prevent a new great depression. 

Hazlitt figured it out himself and offers to help you understand it in one evening: 

• Where inflation comes from and why it is "the opium of the people" 

• What are the dangers of "helicopter money" and government price regulation 

• Why customs duties are evil 

• What is wrong with your salary and who taxes are feeding