Learning Objectives for Henry Hazlitt’s Economics in One Lesson #1. In your own words, state “the Lesson” of Hazlitt’s Economics in One Lesson and explain how it applies in the following instances. Include at least one policy argument in favor of the policy and one counter-argument:
a. The Blessings of Destruction
b. Public Works Mean Taxes
c. Credit Diverts Production
d. The Curse of Machinery
e. Spread the Work Schemes
f. Who’s Protected by Tarriffs?
g. Saving the X Industry
h. Government Price Fixing
i. Minimum Wage Laws
j. The Mirage of Inflation