Learning How the World Works
Capital is what Mises called “labor, nature, and time stored up.” Poverty is man’s condition in a state of nature. It's capital that lets him lift himself out.
Atlanta, GA
August 24, 2025
Last week, we reviewed a unique new book. Today, we recall another work the first one recommends.
Whenever I’m asked what a novice should read as an introduction to economics, I’ve always suggested Henry Hazlitt’s Economics in One Lesson. For its brevity and clarity, I still do…