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Is Politics Insoluble?

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Biographical Preface<br />

Henry Hazlitt (1894-1993) was an economic journalist.<br />

He had a profound understanding of economics and a talent<br />

for clear expression. He was a serious scholar, an economist<br />

of the "Austrian" persuasion, which means that he favored<br />

free markets and limited government. He understood espe-<br />

cially well how government intervention can disrupt the<br />

economy. In his classic best-selling Economics in One Lesson<br />

(1st edition, 1946) he explained that one should consider not<br />

only the direct, immediate, and "seen" consequences of any<br />

government action but also its indirect and "unseen" conse-<br />

quences. In his The Foundations of Morality (1964) he dealt<br />

with ethical issues, voluntarism, and the role of government<br />

force. And Hazlitt's many years as a working journalist, writ-<br />

ing for such publications as the New York Times and<br />

Newsweek, taught him to write lucidly and simply about dif-<br />

ficult issues. Thus he was eminently qualified, through both<br />

study and experience, to write on political theory.<br />

Henry Hazlitt was a founding trustee of The Foundation for<br />

Economic Education and served on its Board until his death.<br />

VI<br />

—The Publisher

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