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<book id="3028">
  <title><![CDATA[Economics in One Lesson: The Shortest and Surest Way to Understand Basic Economics]]></title>
  <isbn><![CDATA[0517548232]]></isbn>
  <isbn13><![CDATA[9780517548233]]></isbn13>
  <work>
  <best-book-id type="integer">3028</best-book-id>
  <books-count type="integer">8</books-count>
  <default-description>A simple, straightforward analysis of economic fallacies that are so prevalent they have almost become a new orthodoxy.</default-description>
  <id type="integer">6894</id>
  <media-type>book</media-type>
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  <original-publication-day type="integer" nil="true"></original-publication-day>
  <original-publication-month type="integer" nil="true"></original-publication-month>
  <original-publication-year type="integer">1972</original-publication-year>
  <original-title>Economics in One Lesson: The Shortest and Surest Way to Understand Basic Economics</original-title>
  <rating-dist>total:357|5:187|4:114|3:38|2:14|1:4|</rating-dist>
  <ratings-count type="integer">357</ratings-count>
  <ratings-sum type="integer">1537</ratings-sum>
  <reviews-count type="integer">628</reviews-count>
  <text-reviews-count type="integer">93</text-reviews-count>
</work>

  <average_rating><![CDATA[4.31]]></average_rating>
  <ratings_count><![CDATA[314]]></ratings_count>
  <text_reviews_count><![CDATA[78]]></text_reviews_count>
  <url><![CDATA[http://www.goodreads.com/book/show/3028.Economics_in_One_Lesson_The_Shortest_and_Surest_Way_to_Understand_Basic_Economics]]></url>
  <authors>
        <author id="2062">
      <name><![CDATA[Henry Hazlitt]]></name>
      <role><![CDATA[]]></role>
      <url><![CDATA[http://www.goodreads.com/author/show/2062.Henry_Hazlitt]]></url>
      <average_rating><![CDATA[4.27]]></average_rating>
      <ratings_count><![CDATA[388]]></ratings_count>
      <text_reviews_count><![CDATA[98]]></text_reviews_count>
    </author>
      </authors>
  <reviews start="1" end="20" total="628">
    <review id="45191269">
  <user id="759164">
    <name><![CDATA[Seth]]></name>
    <location><![CDATA[Boise, ID]]></location>        
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    <rating>4</rating>
  <votes>1</votes>
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  <recommended_for><![CDATA[]]></recommended_for>
  <recommended_by><![CDATA[]]></recommended_by>
  <read_at>Mon Feb 02 00:00:00 -0800 2009</read_at>
  <date_added>Mon Feb 02 16:43:42 -0800 2009</date_added>
  <date_updated>Tue Feb 03 07:19:17 -0800 2009</date_updated>
  <read_count></read_count>
    <body><![CDATA[The book uses simple examples of economics between individuals to understand the cost vs. benefit relationships surrounding economic decisions and policies.  Examples and principles described are very easy to understand and are relevant to arguments made.  Author is a Classic Economist and argues th...<a href="http://www.goodreads.com/review/show/45191269">more...</a>]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/45191269?utm_medium=api]]></url>
</review>
    <review id="47585469">
  <user id="762235">
    <name><![CDATA[Marcus]]></name>
    <location><![CDATA[The United States]]></location>        
    <url><![CDATA[http://www.goodreads.com/user/show/762235-marcus?utm_medium=api]]></url>
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    <rating>5</rating>
  <votes>1</votes>
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  <recommended_by><![CDATA[]]></recommended_by>
  <read_at>Fri Feb 13 00:00:00 -0800 2009</read_at>
  <date_added>Thu Feb 26 07:46:55 -0800 2009</date_added>
  <date_updated>Thu Feb 26 07:52:49 -0800 2009</date_updated>
  <read_count></read_count>
    <body><![CDATA[For a book that was written so long ago, this book is amazingly relevant to today. It clearly explains how things like stimulus packages, government subsidies, nationalization, currency inflation etc., aren't, and can't be, magic solutions that fix the economy. It gives examples of times these types...<a href="http://www.goodreads.com/review/show/47585469">more...</a>]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/47585469?utm_medium=api]]></url>
</review>
    <review id="60739190">
  <user id="1721150">
    <name><![CDATA[Jarrod]]></name>
    <location><![CDATA[The United States]]></location>        
    <url><![CDATA[http://www.goodreads.com/user/show/1721150-jarrod-jenkins?utm_medium=api]]></url>
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    <rating>5</rating>
  <votes>1</votes>
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  <recommended_for><![CDATA[]]></recommended_for>
  <recommended_by><![CDATA[]]></recommended_by>
  <read_at>Mon Jul 06 00:00:00 -0700 2009</read_at>
  <date_added>Mon Jun 22 22:04:34 -0700 2009</date_added>
  <date_updated>Mon Jul 06 16:48:51 -0700 2009</date_updated>
  <read_count>1</read_count>
    <body><![CDATA[Abbreviated Review: stop reading my review and go read “Economics in One Lesson” right now.<br/><br/>Full Review: In the first half of 2009, I visited several law schools before making my selection and, while at Northwestern, I spoke at length with a professor who had recently worked on a pape...<a href="http://www.goodreads.com/review/show/60739190">more...</a>]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/60739190?utm_medium=api]]></url>
</review>
    <review id="32642834">
  <user id="1310936">
    <name><![CDATA[Jeremy]]></name>
    <location><![CDATA[Parkville, MD]]></location>        
    <url><![CDATA[http://www.goodreads.com/user/show/1310936-jeremy?utm_medium=api]]></url>
  </user>
    <rating>5</rating>
  <votes>1</votes>
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      </shelves>
  <recommended_for><![CDATA[Economic novices]]></recommended_for>
  <recommended_by><![CDATA[Kelsey]]></recommended_by>
  <read_at>Sat Oct 25 00:00:00 -0700 2008</read_at>
  <date_added>Thu Sep 11 16:31:52 -0700 2008</date_added>
  <date_updated>Sat Oct 25 19:06:03 -0700 2008</date_updated>
  <read_count>1</read_count>
    <body><![CDATA[I can't even count the number of times already that topics discussed in this book have come up in everyday conversation.  To me that is the major value of a book like this and an indication of its effectiveness.  The &quot;one lesson&quot; is this: to truly understand economics (and make good econom...<a href="http://www.goodreads.com/review/show/32642834">more...</a>]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/32642834?utm_medium=api]]></url>
</review>
    <review id="76191195">
  <user id="2177514">
    <name><![CDATA[David]]></name>
    <location><![CDATA[Duvall, WA]]></location>        
    <url><![CDATA[http://www.goodreads.com/user/show/2177514-david-robins?utm_medium=api]]></url>
  </user>
    <rating>5</rating>
  <votes>0</votes>
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  <recommended_for><![CDATA[]]></recommended_for>
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  <read_at>Fri Oct 30 00:00:00 -0700 2009</read_at>
  <date_added>Fri Oct 30 03:26:34 -0700 2009</date_added>
  <date_updated>Fri Oct 30 03:26:34 -0700 2009</date_updated>
  <read_count></read_count>
    <body><![CDATA[If you only read one book on economics, read this one: read it and learn it. (But don't read just one book on economics.) It's astounding how so many fail to grasp the basic truths in this volume, or, more likely, ignore the evidence and rush ahead with their failed schemes of redistribution, inflat...<a href="http://www.goodreads.com/review/show/76191195">more...</a>]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/76191195?utm_medium=api]]></url>
</review>
    <review id="74255282">
  <user id="175635">
    <name><![CDATA[Trevor]]></name>
    <location><![CDATA[Melbourne, Australia]]></location>        
    <url><![CDATA[http://www.goodreads.com/user/show/175635-trevor?utm_medium=api]]></url>
  </user>
    <rating>3</rating>
  <votes>6</votes>
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  <read_at></read_at>
  <date_added>Mon Oct 12 05:49:18 -0700 2009</date_added>
  <date_updated>Mon Oct 12 05:57:16 -0700 2009</date_updated>
  <read_count></read_count>
    <body><![CDATA[The point of this book is to show that there are facts that economists have worked out over the years that are now all but laws that can be used to determine how we should structure our interactions so as to provide the best possible benefit to the greatest possible number.  These laws ought to be f...<a href="http://www.goodreads.com/review/show/74255282">more...</a>]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/74255282?utm_medium=api]]></url>
</review>
    <review id="71147542">
  <user id="2489331">
    <name><![CDATA[Abe]]></name>
    <location><![CDATA[Nashville, TN]]></location>        
    <url><![CDATA[http://www.goodreads.com/user/show/2489331-abe-goolsby?utm_medium=api]]></url>
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    <rating>5</rating>
  <votes>0</votes>
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  <recommended_for><![CDATA[anyone]]></recommended_for>
  <recommended_by><![CDATA[]]></recommended_by>
  <read_at>Tue Sep 01 00:00:00 -0700 2009</read_at>
  <date_added>Mon Sep 14 03:23:39 -0700 2009</date_added>
  <date_updated>Mon Sep 14 03:30:37 -0700 2009</date_updated>
  <read_count>1</read_count>
    <body><![CDATA[Economics is one of those topics on which I've intended to get better educated for some time now. The events since the latter half of '08 have definitely bumped that intention up several notches in my list of priorities. The first problem I really had to tackle was figuring out where to start, which...<a href="http://www.goodreads.com/review/show/71147542">more...</a>]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/71147542?utm_medium=api]]></url>
</review>
    <review id="71091113">
  <user id="617861">
    <name><![CDATA[Mark]]></name>
    <location><![CDATA[Cary, NC]]></location>        
    <url><![CDATA[http://www.goodreads.com/user/show/617861-mark?utm_medium=api]]></url>
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    <rating>5</rating>
  <votes>0</votes>
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  <recommended_for><![CDATA[]]></recommended_for>
  <recommended_by><![CDATA[]]></recommended_by>
  <read_at>Sat Sep 12 00:00:00 -0700 2009</read_at>
  <date_added>Sun Sep 13 14:27:06 -0700 2009</date_added>
  <date_updated>Sun Sep 13 16:19:50 -0700 2009</date_updated>
  <read_count></read_count>
    <body><![CDATA[In the course of my fairly well rounded education, I've managed to completely avoid any economics courses.  Now that I've decided to fill that gap a bit, this book seemed like a good place to start.<br/><br/>Beyond the encouraging title, any book that was written more than fifty years ago, yet still...<a href="http://www.goodreads.com/review/show/71091113">more...</a>]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/71091113?utm_medium=api]]></url>
</review>
    <review id="66841252">
  <user id="1284720">
    <name><![CDATA[Igor]]></name>
    <location><![CDATA[Brooklyn, NY]]></location>        
    <url><![CDATA[http://www.goodreads.com/user/show/1284720-igor?utm_medium=api]]></url>
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    <rating>5</rating>
  <votes>0</votes>
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  <recommended_for><![CDATA[]]></recommended_for>
  <recommended_by><![CDATA[]]></recommended_by>
  <read_at>Mon Aug 10 00:00:00 -0700 2009</read_at>
  <date_added>Mon Aug 10 09:12:34 -0700 2009</date_added>
  <date_updated>Mon Aug 10 09:42:54 -0700 2009</date_updated>
  <read_count></read_count>
    <body><![CDATA[&quot;Government-guaranteed home mortgages, especially when a negligible down payment or no down payment whatever is required, inevitably mean more bad loans than otherwise. They force the general taxpayer to subsidize the bad risks and to defray the losses. They encourage people to &quot;buy&quot; ...<a href="http://www.goodreads.com/review/show/66841252">more...</a>]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/66841252?utm_medium=api]]></url>
</review>
    <review id="64872372">
  <user id="311643">
    <name><![CDATA[Howard]]></name>
    <location><![CDATA[San Francisco, CA]]></location>        
    <url><![CDATA[http://www.goodreads.com/user/show/311643-howard?utm_medium=api]]></url>
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    <rating>4</rating>
  <votes>0</votes>
  <sell_flag>false</sell_flag>
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  <recommended_for><![CDATA[]]></recommended_for>
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  <read_at></read_at>
  <date_added>Fri Jul 24 23:34:27 -0700 2009</date_added>
  <date_updated>Fri Jul 24 23:34:38 -0700 2009</date_updated>
  <read_count></read_count>
    <body><![CDATA[ECONOMICS IN ONE LESSON<br/>By Henry Hazlitt<br/><br/>Hazlitt is (or was, he's long dead) a unique figure in American economics: a popularizer of the Austrians ideas about political economy, monetary policy, and the Austrian critique of the socialist and Keynesian ideas that dominated policy making ...<a href="http://www.goodreads.com/review/show/64872372">more...</a>]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/64872372?utm_medium=api]]></url>
</review>
    <review id="75881711">
  <user id="2751586">
    <name><![CDATA[Billy]]></name>
    <location><![CDATA[Herriman, UT]]></location>        
    <url><![CDATA[http://www.goodreads.com/user/show/2751586-billy-bush?utm_medium=api]]></url>
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    <rating>4</rating>
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  <recommended_for><![CDATA[]]></recommended_for>
  <recommended_by><![CDATA[]]></recommended_by>
  <read_at>Tue Sep 01 00:00:00 -0700 2009</read_at>
  <date_added>Tue Oct 27 07:32:03 -0700 2009</date_added>
  <date_updated>Tue Oct 27 07:48:42 -0700 2009</date_updated>
  <read_count></read_count>
    <body><![CDATA[A phenomenal synopsis in economic thought.  This is a book that everyone ought to read as informed citizens, allowing us all to make wiser economic decisions versus voting for what &quot;sounds&quot; good.  Hazlitt writes so all will understand and does a fantastic job at it.  That doesn't mean it i...<a href="http://www.goodreads.com/review/show/75881711">more...</a>]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/75881711?utm_medium=api]]></url>
</review>
    <review id="45681681">
  <user id="1709047">
    <name><![CDATA[Peter]]></name>
    <location><![CDATA[The United States]]></location>        
    <url><![CDATA[http://www.goodreads.com/user/show/1709047-peter-namtvedt?utm_medium=api]]></url>
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    <rating>5</rating>
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  <recommended_for><![CDATA[any one interested in economics]]></recommended_for>
  <recommended_by><![CDATA[]]></recommended_by>
  <read_at>Sat Jul 26 00:00:00 -0700 2008</read_at>
  <date_added>Sat Feb 07 16:35:49 -0800 2009</date_added>
  <date_updated>Tue Feb 10 16:43:01 -0800 2009</date_updated>
  <read_count>2</read_count>
    <body><![CDATA[It's sometimes a stretch, trying to understand a book in the terminology of 1946, but aside from a some references to events of that era, this book is eminently readable. Hazlitt covers many nuggets of the essence of economics, the broken window fallacy, the flaw in minimum wages, etc.<br/><br/>He...<a href="http://www.goodreads.com/review/show/45681681">more...</a>]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/45681681?utm_medium=api]]></url>
</review>
    <review id="46863493">
  <user id="2050311">
    <name><![CDATA[Jongalt]]></name>
    <location><![CDATA[The United States]]></location>        
    <url><![CDATA[http://www.goodreads.com/user/show/2050311-jongalt?utm_medium=api]]></url>
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    <rating>5</rating>
  <votes>0</votes>
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      </shelves>
  <recommended_for><![CDATA[Anyone that has even the slightest interest in economics.]]></recommended_for>
  <recommended_by><![CDATA[]]></recommended_by>
  <read_at>Mon Jan 01 00:00:00 -0800 2007</read_at>
  <date_added>Thu Feb 19 09:24:40 -0800 2009</date_added>
  <date_updated>Wed Feb 25 08:24:50 -0800 2009</date_updated>
  <read_count>4</read_count>
    <body><![CDATA[The most basic principle in this book: In order to make economic decisions we must not only look at the immediate consequences but the short term and the long term. We must not only see the groups imediately benefitting from the effects of an economic policy, but also those group that are harmed or ...<a href="http://www.goodreads.com/review/show/46863493">more...</a>]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/46863493?utm_medium=api]]></url>
</review>
    <review id="41209328">
  <user id="1286271">
    <name><![CDATA[John]]></name>
    <location><![CDATA[Tikrit, Iraq]]></location>        
    <url><![CDATA[http://www.goodreads.com/user/show/1286271-john?utm_medium=api]]></url>
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    <rating>5</rating>
  <votes>0</votes>
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  <recommended_for><![CDATA[]]></recommended_for>
  <recommended_by><![CDATA[]]></recommended_by>
  <read_at>Sun Jan 11 00:00:00 -0800 2009</read_at>
  <date_added>Mon Dec 29 13:38:37 -0800 2008</date_added>
  <date_updated>Sat Jan 10 13:17:54 -0800 2009</date_updated>
  <read_count></read_count>
    <body><![CDATA[This is quite frankly the best economics text I have set both my hands and eyes upon.  Hazlitt not only clearly states all the important aspects of fundamental economics but applies them with ease to a modern audience.<br/><br/>It's all too easy to begin reading Adam Smith or Frederic Bastait and ...<a href="http://www.goodreads.com/review/show/41209328">more...</a>]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/41209328?utm_medium=api]]></url>
</review>
    <review id="31649399">
  <user id="1479949">
    <name><![CDATA[Polka]]></name>
    <location><![CDATA[Leland, NC]]></location>        
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    <rating>5</rating>
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  <recommended_for><![CDATA[]]></recommended_for>
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  <read_at></read_at>
  <date_added>Sun Aug 31 07:29:32 -0700 2008</date_added>
  <date_updated>Sun Aug 31 07:32:14 -0700 2008</date_updated>
  <read_count></read_count>
    <body><![CDATA[Greatest, easiest, most enthusing read.  100-ish pages of analogies and examples to the timeless fallacies of economics.  The cutting wit adds to the enjoyment.  Written in the forties so there is no semblance of a political agenda.  Even the most recent edition only has additions from the seventies...<a href="http://www.goodreads.com/review/show/31649399">more...</a>]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/31649399?utm_medium=api]]></url>
</review>
    <review id="48333234">
  <user id="109808">
    <name><![CDATA[Andrew]]></name>
    <location><![CDATA[San Francisco, CA]]></location>        
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    <rating>1</rating>
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  <recommended_for><![CDATA[]]></recommended_for>
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  <read_at></read_at>
  <date_added>Thu Mar 05 11:48:50 -0800 2009</date_added>
  <date_updated>Thu Mar 05 11:59:15 -0800 2009</date_updated>
  <read_count></read_count>
    <body><![CDATA[Like all &quot;_____ in One Lesson&quot; kind of books this is way over simplified and reductive. His argument boils down to &quot;if you try to impose policies that will supposedly better people's lives you just end up hurting another group&quot;-(usually the rich or the privileged or the owners of...<a href="http://www.goodreads.com/review/show/48333234">more...</a>]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/48333234?utm_medium=api]]></url>
</review>
    <review id="49547605">
  <user id="1341902">
    <name><![CDATA[John]]></name>
    <location><![CDATA[Sachse, TX]]></location>        
    <url><![CDATA[http://www.goodreads.com/user/show/1341902-john?utm_medium=api]]></url>
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    <rating>5</rating>
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  <recommended_for><![CDATA[]]></recommended_for>
  <recommended_by><![CDATA[]]></recommended_by>
  <read_at>Mon Apr 06 00:00:00 -0700 2009</read_at>
  <date_added>Tue Mar 17 07:43:26 -0700 2009</date_added>
  <date_updated>Tue Apr 21 10:53:49 -0700 2009</date_updated>
  <read_count></read_count>
    <body><![CDATA[I read this book online - <a rel="nofollow" target="_blank" href="http://jim.com/econ/">http://jim.com/econ/</a><br/>	<br/>I learned several important economic lessons reading this book.  The information was on a level that the “typical man on the street” could understand it.  Even though this book was written right after the great depression and updated in ...<a href="http://www.goodreads.com/review/show/49547605">more...</a>]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/49547605?utm_medium=api]]></url>
</review>
    <review id="45633595">
  <user id="1976646">
    <name><![CDATA[David]]></name>
    <location><![CDATA[Cumming, GA]]></location>        
    <url><![CDATA[http://www.goodreads.com/user/show/1976646-david?utm_medium=api]]></url>
  </user>
    <rating>4</rating>
  <votes>0</votes>
  <sell_flag>false</sell_flag>
  <spoiler_flag>false</spoiler_flag>
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  <recommended_for><![CDATA[]]></recommended_for>
  <recommended_by><![CDATA[]]></recommended_by>
  <read_at>Mon Dec 01 00:00:00 -0800 2008</read_at>
  <date_added>Sat Feb 07 04:32:25 -0800 2009</date_added>
  <date_updated>Sat Feb 07 05:09:21 -0800 2009</date_updated>
  <read_count></read_count>
    <body><![CDATA[If you want to understand why our economy is in the tank, and what should or should not be done to &quot;fix&quot; it, this book provides an excellent understanding of macro-economics.  Only with such an understanding can you examine the current situation correctly.<br/><br/>Macro economics can be...<a href="http://www.goodreads.com/review/show/45633595">more...</a>]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/45633595?utm_medium=api]]></url>
</review>
    <review id="72210815">
  <user id="2767370">
    <name><![CDATA[Kenzo]]></name>
    <location><![CDATA[Jakarta, 04, Indonesia]]></location>        
    <url><![CDATA[http://www.goodreads.com/user/show/2767370-kenzo?utm_medium=api]]></url>
  </user>
    <rating>4</rating>
  <votes>0</votes>
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  <recommended_for><![CDATA[]]></recommended_for>
  <recommended_by><![CDATA[]]></recommended_by>
  <read_at></read_at>
  <date_added>Wed Sep 23 03:29:34 -0700 2009</date_added>
  <date_updated>Wed Sep 23 03:56:08 -0700 2009</date_updated>
  <read_count></read_count>
    <body><![CDATA[Just to clarify, this is capitalist, market-based economics in one lesson, rather than the broader spectrum of economics. And rather than being a complete 'lesson', it is more a clarification of some basic misconceptions about the workings of a market economy. For example, the book makes clear the u...<a href="http://www.goodreads.com/review/show/72210815">more...</a>]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/72210815?utm_medium=api]]></url>
</review>
    <review id="64483157">
  <user id="2361187">
    <name><![CDATA[Shawn]]></name>
    <location><![CDATA[The United States]]></location>        
    <url><![CDATA[http://www.goodreads.com/user/show/2361187-shawn?utm_medium=api]]></url>
  </user>
    <rating>5</rating>
  <votes>0</votes>
  <sell_flag>false</sell_flag>
  <spoiler_flag>false</spoiler_flag>
  <shelves>
        <shelf name="business" />
        <shelf name="economics" />
        <shelf name="politics" />
      </shelves>
  <recommended_for><![CDATA[]]></recommended_for>
  <recommended_by><![CDATA[]]></recommended_by>
  <read_at>Wed Aug 05 00:00:00 -0700 2009</read_at>
  <date_added>Wed Jul 22 00:52:44 -0700 2009</date_added>
  <date_updated>Wed Aug 05 01:19:13 -0700 2009</date_updated>
  <read_count></read_count>
    <body><![CDATA[Weaknesses of this book include a few issues that are not factored for:<br/>- Cost of environmental damage<br/>- Cost of poverty-induced crime<br/>- Lost opportunity costs by uneducated citizens not reaching their full production potential<br/><br/>Also, the author limits the book's scope to ec...<a href="http://www.goodreads.com/review/show/64483157">more...</a>]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/64483157?utm_medium=api]]></url>
</review>
    </reviews>
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</GoodreadsResponse>