Tag Archive for: Hazlitt

How Economic Thinking Can Benefit Consumers, Managers, and Entrepreneurs (Part 8)Barry L. Linetsky, 2019

How Economic Thinking Can Benefit Consumers, Managers, and Entrepreneurs | Part 8: The Solution Is In How We Solve Problems

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A technique to improving managerial performance when planning is to take into account the second and third-order consequences and implications of one’s actions across an expanding time period. The farther out one is able to project and consider, the better.
How Economic Thinking Can Benefit Consumers, Managers, and Entrepreneurs (Part 6)Barry L. Linetsky, 2019

How Economic Thinking Can Benefit Consumers, Managers, and Entrepreneurs | Part 6: The Unseen Unintended Consequences of Intended Actions

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Henry Hazlitt does an excellent job presenting the importance of recognizing and always taking into consideration the likely unseen and unintended consequences of intended action in the realm of economics in his classic book Economics in One Lesson.