Hazlitt and the Great Depression
Henry Hazlitt was at the center of the New Deal debate, holding forth in the pages of The Nation, a sophisticated and trendy fortnightly. He was hired as literary editor, a relatively nonpolitical position. But as the politics of the day became more contentious, he was afforded more editorial latitude. He began to write against federal encroachment on private enterprise. That was the beginning of the end. FULL ARTICLE
Comments (5)
cavalier973
I'm re-reading "Economics in One Lesson", and find it interesting how up-to-date this book is, despite being last revised 30 years ago...
Published: January 9, 2009 11:44 AM
Ty
It's so funny that the mainstream press gloms on to Keynesianism because it's so mysterious and can only be deciphered by the prophets of MIT and Harvard.
Hazlitt's problem was that he just made too much damn sense. Saving money is better than spending money you don't have? Preposterous!
Published: January 9, 2009 4:26 PM
KY Leong
I thoroughly enjoyed this post on Hazlitt. Thanks, Jeff.
Published: January 9, 2009 8:39 PM
Kirk Olson
amen
Published: January 9, 2009 10:29 PM
Ben W.
Great piece. By the way, another interesting piece to throw in to the mix when it comes to trying to determine Buckley's true ideological leanings: http://findarticles.com/p/articles/mi_m1282/is_/ai_13284495
Apparently he had a great deal of respect for Hazlitt.
socialistsatthegate.blogspot.com
Published: January 10, 2009 9:49 AM