Fri 11 Jan 2008
For Tuesday 1/8
Chapter 1 The Lesson
Chapter 2 The Broken Window
Chapter 3 The Blessings of Destruction
Chapter 4 Public Works Mean Taxes
Chapter 5 Taxes Discourage Production
Chapter 6 Credit Diverts Production
Tuesday 1/15 Make sure, if you are reading these online, that you keep scrolling until the chapter ends and hit next for each section of the chapter.
Chapter7 The Curse of Machinery
Chapter 8 Spread-the-Work Schemes
Chapter 9 Disbanding Troops and Bureaucrats
Chapter 10 The Fetish of Full Employment
Chapter 11 Who’s “Protected” by Tariffs?
Chapter 12 The Drive for Exports
Tuesday 1/22
Chapter 13 “Parity” Prices
Chapter 14 Saving the X Industry
Chapter 15 How the Price System Works
Chapter 16 “Stabilizing” Commodities
Chapter 17 Government Price-Fixing
Chapter 18 What Rent Control Does
Tuesday 1/29
Chapter 19 Minimum Wage Laws
Chapter 20 Do Unions Really Raise Wages
Chapter 21 “Enough to Buy Back the Product”
Chapter 22 The Function of Profits
Chapter 23 The Mirage of Inflation
Chapter 24 The Assault on Saving
Chapter 25 The Lesson Restated
Chapter 26 The Lesson after Thirty Years
Chapter 27 A Note on Books
End Notes
I am thinking about trying a Mr Linky each week so that everyone who participates can easily link to their post. This would look like the Saturday Review of Books at Semicolon
Dana says:
There are 24 short chapters in between the Main Lesson and the Lesson Revisited. I propose reading six per week and hope to share how I have implemented the application(s) or had my thinking realigned.
Dana also has a post here on how to include your children in the study. I hope I can incorporate my little boys.
You do not have to make a commitment to this. You can join or not join during any of the weeks. Hopefully when we are finished we will have solved many of the world’s problems ![]()
11 Comments
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Bless you!!
Comment by Dana (December 21, 2007 @ 8:43 am )
The links to jim.com were not working so I could not see what the source of the economic material was however the broken window (Chapter 2) sounds like material from Bastiat.
http://en.wikipedia.org/wiki/Parable_of_the_broken_window
You can read Bastiat and more (audio, video) etc…at mises.org. This is an excellent resource for anyone seeking to study economics.
Comment by Ethan (December 21, 2007 @ 11:43 am )
Thank-you for the info, Ethan. The links seem to be working from my end.
Comment by Cindy (December 21, 2007 @ 4:16 pm )
That schedule nearly overwhelmed me until I realized how short the chapters are!
I am planning on reading it, but I doubt I’ll be able to do more than comment on your and Dana’s posts.

Comment by Kelly (December 22, 2007 @ 1:32 pm )
Count me in, okay?
Comment by Karen Glass (December 23, 2007 @ 7:20 am )
I shouldn’t commit, but I’ll enjoy reading your posts
I’m on bloggy break from now until Janu 5th. Just wanted to stop in and wish you all a Merry Christmas and a Happy New Year 
Comment by JacciM (December 23, 2007 @ 8:29 am )
Thanks for the review! Ditto and I have also been wanting to read this one as soon as we wrap up some of our other reading.
Comment by Birdie (December 23, 2007 @ 2:55 pm )
Working for me now also, now I see the source is Henry Hazlitt. I believe he was influenced by the Austrian school of economics which is what Mises.org represents.
Comment by Ethan (December 24, 2007 @ 3:21 am )
Just back from five days in Idaho (went to a niece’s wedding) and frantically trying to get ready for the new year….AFTER DD#4’s birthday TODAY
Comment by Dana (January 5, 2008 @ 9:54 am )
Well, I would have been worried but I saw your picture on Carol’s blog. Wish I could have been a mouse at the wedding; it sounded lovely.
Comment by Cindy (January 5, 2008 @ 10:25 am )
I love this! Thank you for posting these.
Comment by Anne (January 12, 2008 @ 2:50 pm )