Two works in one volume:
Economics in Three Lessons
Henry Hazlitt’s 1946 book Economics in One Lesson sold more than a million copies. It is perhaps the best selling economics book of all time. In this book, Hunter Lewis, a Hazlitt admirer and student, provides a sequel and update.
The great merit of this work is its brevity and simplicity. Anyone can read and understand it. It is an ideal introduction to economics.
One Hundred Economic Laws
In this groundbreaking work, Lewis does what no one has attempted to do. It collects in one place some of the most important laws of economics.
Everyone understands the importance of the laws of physics. Are there also laws of economics? Can understanding them also make our lives better? Lewis answers with a resounding yes.
This short work is also a complete course in economics written in a lively and sparkling style.
Origins of Modern Central Banking
In 2008 we witnessed the failures of such giant financial organizations as Lehman Brothers, AIG, Fannie Mae, and Freddie Mac. In order to rescue the last three and prevent major banks from going under, the government produced extensive “bailout” packages. Although we think of the “bailout” as a modern method of crisis control, it was not unknown in 1860s Britain. The question then, as now, was the form it should take, and the rules that should govern it. This led to a celebrated debate between two leading economists, Thomson Hankey and William Bagehot, each of whom had strong views about proper banking policy. Ben Bernanke, US Federal Reserve chairman during the Crash of 2008, was closer to Bagehot in approach than to Hankey, but he was not very close to Bagehot either. Do we have anything to learn from the great Victorians who lived so many years ago? It would seem likely that we do. There were banks then and there are banks now. Human nature presumably has not changed much.
Primary Sources on Mussolini's Crony Capitalism
It may be argued that Mussolini (1883-1945, dictator of Italy 1922-1943) invented modern crony capitalism. Although he described himself as a socialist, he rejected the Marxist version. Today nobody supports what came to be called fascism, but nevertheless many of the economic policies central to it survive and even dominate in countries all over the world. This unique collection of Mussolini’s statements about economics is important, all the more so since many of them have not been previously available in English.
Fixing the Economy by Abolishing the Fed
This fascinating book says that our economy is doing poorly because we do not allow truthful prices. The Soviet Union fell because it would not allow prices to tell the truth about the economy and we seem to be on the same path. Why? Principally because of central bankers and crony capitalists, each of whom are described in depth. Crystal clear, easy-to-read, and absorbing from a recognized expert.
And Why World Governments Keep Creating Inflation, Bubbles, and Busts
In responding to the financial crash of 2008, both the Bush and the Obama Administrations have relied on prescriptions developed by John Maynard Keynes, the most important economist since Marx. But should we be relying on Keynes? What did Keynes actually say? Hunter Lewis concludes in his criticism of Keynesian economics that he did not. If Keynes economics was wrong then so are the economic policies of virtually all world governments today, and are opposed to libertarian ideas like those of Ron Paul and the Tea Party movement.
Great Economic Arguments and How They Reflect Our Personal Values
Are the rich necessary? Is capitalism to blame for the recent economic crash? Is Wall Street greed corruping our politics? Lewis addresses these and other provocative questions in a clear, objective, and easy-to-follow journey through the great economic arguments of our day. In an always lively, point-counterpoint style, he challenges conventional positions on both sides of each issue.
The Bubble Years and Beyond
Why is America in financial crisis today? This book, better than any to date, explains it all—how we got here and where we are going. The how we got here is brilliantly described in a collection of pieces from Grant’s Interest Rate Observer, the Wall Street insider’s Bible. The where we are going is treated in Jim Grant’s up-to-the-minute introduction. No fan of Greenspan or Bernanke, Grant tells the unvarnished truth about America.