The Wisdom of Henry Hazlitt

Henry Hazlitt Hans F. Sennholz

The master economics teacher, the author of Economics in One Lesson, moves his readers to a deeper knowledge of a range of topics in this outstanding collection of essays.

In the late 1990s, Hans Sennholz carefully selected 30 of Hazlitt’s articles that appeared mostly in The Freeman but also other places, and compiled them into a single book under the title The Wisdom of Henry Hazlitt. Most of these articles have appeared in no other collection.

The book begins with a piece written at the end of his life: “Reflections at 70.” The next piece is a reflection on a book Hazlitt wrote when he was a very young man, a piece on the art of thinking. So here we have the “bookends” to an extraordinary life of thinking and writing.

The next section deals with the market economy, and here the editor has selected Hazlitt’s shortest pieces on a variety of topics, from private ownership to prices to income distribution. Next, he deals with the enemies of the market economy. A large section follows that covers the welfare state, foreign aid and other issues of development economics. The book ends with an inspiring selection about the future of the battle between capitalism and planning.

While this is not a systematic treatise, it provides an outstanding overview of all of Hazlitt’s writings in this area. The choices reflect Sennholz’s own interests but those are also the interests of anyone who appreciates Hazlitt’s contribution to communicating economic truth to all people. The collection is indeed well named!

The Wisdom of Henry Hazlitt edited by Hans Sennholz
Meet the Author
Henry Hazlitt
Henry Hazlitt

Henry Hazlitt (1894–1993) was a well-known journalist who wrote on economic affairs for the New York Times, the Wall Street Journal, and Newsweek, among many other publications. He is perhaps best known as the author of the classic, Economics in One Lesson (1946).

Mises Daily Henry Hazlitt
Insofar as austerity has been imposed on the whole British people, it consists in refusing to permit either consumers or producers freedom of choice. The consumer is not free to spend his money on things he himself wants but only on things government officials think are good for him. The producer is not free to make what he wishes but only what government officials think is good for the country.
Mises Daily Henry Hazlitt
From the beginning of history, sincere reformers as well as demagogues have sought to abolish or at least to alleviate poverty through state action. In most cases their proposed remedies have only...
View Henry Hazlitt bio and works

Foundation for Economic Freedom, 1993