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75: Economics As Pie

January 11, 2018

This week, your boys discuss Brett’s current read: Economics in One Lesson by Henry Hazlitt. Specifically, Andrew—who actually knows about economics—helps Brett unpack the concepts laid out in the book.

Despite being 70 years old, the book describes some fairly timeless principles. Brett has mixed success in understanding them.

High points:

  • Moral vs economic problems
  • The problem of assigning businesses the task of solving societies ills
  • Creating jobs vs increasing worker productivity

Bonus: Brett says “tariff” about a thousand times.

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