The Critics of Keynesian Economics

About the Editor and Publisher

Henry Hazlitt (1894–1993) began his distinguished career in 1913 at The Wall Street Journal. He went on to write for several newspapers, including The New York Evening Post, The New York Evening Mail, The New York Herald, and The Sun. In the early 1930s he was literary editor of The Nation, and succeeded H. L. Mencken as editor of the American Mercury in 1933. From 1934 to 1946 he served on the editorial staff of The New York Times. While at The Times, he wrote a series of courageous editorials opposing the trend toward radical intervention by all levels of government. From 1946 to 1966 he was the “Business Tides” columnist for Newsweek.

Mr. Hazlitt will be remembered as an eloquent writer, an incisive economic thinker, and a tireless defender of freedom. His best known book was Economics in One Lesson, which has sold more than one million copies since its first publication in 1946. He wrote or edited seventeen other books, including The Failure of the “New Economics” (1959) and The Foundations of Morality (1964). He was a Founding Trustee of The Foundation for Economic Education.

The Foundation for Economic Education (FEE), established in 1946 by Leonard E. Read (1898–1983), is the oldest economic research organization dedicated to the preservation of individual freedom and the private property order. Its goal is to study the moral and intellectual foundation of a free society and share its knowledge with individuals everywhere. It avoids political controversies. FEE is a purely educational organization, publishing and sponsoring seminars and lectures devoted to the limited government, private property principles it espouses. In addition to books, its principal publication is the monthly journal, The Freeman.