Economics in One Lesson

The Shortest and Surest Way to Understand Basic Economics

Paperback

Published Dec. 14, 1988 by Three Rivers Press.

ISBN:
978-0-307-76062-3
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4 stars (7 reviews)

2 editions

Review of 'Economics in One Lesson' on 'Goodreads'

3 stars

It really isn’t economics in one lesson, but a series of perennially popular macroeconomic fallacies denounced by a free-market advocate.

To paraphrase: “There ain’t no such thing as a free lunch. A free lunch is among those things of which their ain’t no such thing. There are many things of which no such thing is, and a free lunch is one of them. Such things as free lunches are of that class of things that are not. This in no way is meant to imply that such a thing as a free lunch exists in the real world, nor that there is such a thing, if it could be, which it couldn’t.”

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