From Henry Hazlitt’s Economics in One Lesson Explain how the lesson applies in the following instances. Include at least one policy argument in favor of the policy and one counter-argument:
The Blessings of Destruction
Public Works Mean Taxes
Credit Diverts Production
The Curse of Machinery
Spread the Work Schemes
Who’s Protected by Tarriffs?
Saving the X Industry
Government Price Fixing
Minimum Wage Laws
The Mirage of Inflation