ELI5: Explain Like I'm 5

Henry Hazlitt

Henry Hazlitt was an economics writer who explained complicated economic concepts in easy-to-understand terms. He wrote a book called Economics in One Lesson that was full of stories and examples so that people could understand economics better. He wanted to make sure people saw the whole picture when thinking about economic issues. He taught that looking at just one side of an issue could be misleading and that it was important to always look at the long-term consequences of an action.