Economics Lesson: Seen vs. Unseen | Hn 135

Welcome to the first episode of Adam and Tyrone's exploration of Economic in Three Lessons by Hunter Lewis! Henry Hazlitt's masterpiece has been upgraded and here on Haman Nature we will guide you through the entirety of this great new book on economics!

00:00 – Intro. Introducing Economics in Three Lessons by Hunter Lewis! (linked below)
01:52 -- Why are we doing this series?
04:54 -- Let's read Lesson One, Chapter 1: Sustainability! What is economics really about?
10:15 -- Epicurus weighs in, and Hunter Lewis tells us why this book is necessary today, revealing Hazlett's "one lesson".
15:33 -- "In the long run, we're all dead." Why do some economists (and politicians) focus on short-term results? Is is possible that our economic befuddlement, high time preference, and general lack of wisdom relates to our relatively short lifespans? Books like this can help!
22:30 -- What is the Mother Fallacy? Let's tell a tale of bridges and jobs programs. How can we know if a government expenditure was "worth it"? Always remember the seen and the unseen.
31:49 -- Outro. Up next: The Free Price System!. Thank you for watching Haman Nature!

Book mentioned: Economics in Three Lessons by Hunter Lewis: https://mises.org/power-market/new-hunter-lewis-economics-three-lessons

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Adam's other show: https://naturalorderpodcast.com/