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Henry Hazlitt

Henry Hazlitt was an American economist and journalist known for his clear advocacy of free-market principles and individual liberty. A prominent figure in Libertarian thought, he emphasized the importance of limited government and the dangers of interventionist policies. His influential book, "Economics in One Lesson," illustrates the concept of opportunity costs and the benefits of voluntary exchanges in a market economy. Hazlitt argued that economic decisions should be based on long-term consequences rather than short-term gains, highlighting the interconnectedness of economic actions and the importance of personal responsibility in a free society.