Analysis of information sources in references of the Wikipedia article "Henry Hazlitt" in English language version.
In Basic Economics, Sowell follows in the Bastiat-Hazlitt tradition of educating the reader in the elementary principles of sound, free-market economics through criticisms and critiques of dozens of domestic and international economic policies, with historical examples ranging from the ancient world to the most recent government follies.
In 1959, Hazlitt came out with The Failure of the "New Economics," an extraordinary line-by-line refutation of John Maynard Keynes's General Theory.
Now though I have analyzed Keynes's General Theory in the following pages theorem by theorem, chapter by chapter, and sometimes even sentence by sentence, to what to some readers may appear a tedious length, I have been unable to find in it a single important doctrine that is both true and original. What is original in the book is not true; and what is true is not original. In fact, as we shall find, even much that is fallacious in the book is not original, but can be found in a score of previous writers.
Also notable was his book Man vs. the Welfare State which demonstrated that welfare promotes what it pretends to discourage. This was 20 years before Charles Murray's Losing Ground showed that Hazlitt was right.; Murray, Charles, Losing Ground: American Social Policy, 1950–1980, Basic Books, 1984, ISBN 978-0465042319.
The Way to Will Power was a defense of individual initiative against the deterministic claims of Freudian psychoanalysis.
In Basic Economics, Sowell follows in the Bastiat-Hazlitt tradition of educating the reader in the elementary principles of sound, free-market economics through criticisms and critiques of dozens of domestic and international economic policies, with historical examples ranging from the ancient world to the most recent government follies.
