Economics in One Lesson: The Shortest and Surest Way to Understand Basic Economics | 
“Everything we get, outside of the free gifts of nature, must in some way be paid for. The world is full of so- called economists who in turn are full of schemes for getting something for nothing. They tell us that the government can spend and spend without taxing at all; that it can continue to pile up debt without ever paying it off, because 'we owe it to ourselves.' “
“There are men regarded today as brilliant economists, who deprecate saving and recommend squandering on a national scale as the way of economic salvation; and when anyone points to what the consequences of these policies will be in the long run, they reply flippantly, as might the prodigal son of a warning father: “In the long run we are all dead.“ And such shallow wisecracks pass as devastating epigrams and the ripest wisdom.”
pick“Economics is haunted by more fallacies than any other study known to man. This is no accident. The inherent difficulties of the subject would be great enough in any case, but they are multiplied a thousandfold by a factor that is insignificant in, say, physics, mathematics or medicine—the special pleading of selfish interests.”
Worth a read and a reread
pickNF Audio It seems dated in some instances as it was originally published in 1946, updated 1961 and 1978, and most recently published in 2012. The basics are interesting and gives a very different account as what is spoon fed through media outlets. I would love to read this with others and discuss the relationships with China, NAFTA, and other post 1990s economic changes - bubbles and so on. This will be a book I will own and reread. brain food
“When Alexander the Great visited the philosopher Diogenes and asked whether he could do anything for him, Diogenes is said to have replied: ‘Yes, stand a little less between me and the sun.‘ It is what every citizen is entitled to ask of his government.”
