Sunday, September 27, 2015

Walter Block On the Book That Converted Him From Socialism

Dear Folks (I am sending this to my New Orleans-based mailing list of about 1200 people; if you want to be deleted fromt his list, just let me know):

Regarding tomorrow night’s book club meeting focusing on the Hazlitt book. I chose this book because I regard as the single best introduction to free market economics ever written. I first read this book when I was a senior in college, in 1963. Before reading it, I was a socialist, a bitter opponent of free enterprise. Afterward, for the first time I appreciated the great benefits of laissez faire capitalism.

It is a book club meeting, so, ideally, you should read this book. It is difficult to know exactly how many pages we will cover in our first meeting (Monday, 9/28, 6-8pm, 324 Miller Hall). My guess? About 35 pages. But who knows? Are you required to read any of this? No. C’mon by in any case; you’ll get the gist of it from our discusion. But, you will gain more if you do the readings beforehand, underline passages, come prepared with questions, objections, comments. The meeting is open to the public, not only to Loyola students. A free dinner will be offered either during the meeting (pizza) or immediately afterward (at Five Happiness, Chinese restaurant).

We shall be discussing this book:

Hazlitt, Henry. 1946. Economics in One Lesson.

Accessible here:

or here:, or

Best regards,


Walter E. Block, Ph.D.
Harold E. Wirth Eminent Scholar Endowed Chair and Professor of Economics
Joseph A. Butt, S.J. College of Business                
Loyola University New Orleans


  1. I'm a big Hazlitt fan. He's one of the few Misesian minarchists.

  2. I just mailed this to my 17yo cousin in hopes it will take hold of him. He recently asked my brother about Bernie Sanders. Ouch.