Any astute reader will ask: “Why in the world would the Foundation for Economic Education publish this sort of thing?” Well, consider the original publication date. Then look at the publisher: The Nation, the leading journal of liberal opinion at the time. Then look at the editor: Henry Hazlitt, author of Economics in One Lesson and a FEE trustee. You might expect, then, that there is a huge backstory here. Once you know it, you can see that this book is a treasure, a snapshot in time that reveals the corruption of the original liberalism at the very time it was fully mutating into its opposite.
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