Economics in One Speech

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Now that few people read anymore (due to more pressing activities such as watching American Idol and having to work longer hours to earn enough money to keep up with the “Federal” Reserve-created inflation), it’s getting harder and harder to convince people to take the few hours needed to read Henry Hazlitt’s Economics in One Lesson. Fortunately, there is now a less time-consuming way—but no less informative—for people to learn basic economics. Austrian economist Glenn Jacobs gave a terrific speech at a recent freestateproject.org conference. Glenn’s speech is a little over a half hour—but stick around because after his speech there are some equally fascinating economic lessons to be learned from Glenn in the question-and-answer period.

6:33 am on August 21, 2010