The Failure of the "New Economics" Part 1

<div class="group-left col-xs-4 col-xs-4 col-xs-4" style="box-sizing: border-box; clear: left; color: #494e54; float: left; font-family: myriad-pro, 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 15px; min-height: 1px; padding-left: 10px; padding-right: 10px; position: relative; width: 237.765625px;"> <div class="image img-responsive border-secondary" style="border-top-color: rgb(56, 112, 158); border-top-style: solid; border-top-width: 8px; box-sizing: border-box; height: auto; margin-top: 5px; max-width: 100%;"> <img alt="The Failure of the New Economics by Henry Hazlitt" height="165" src="https://mises.org/sites/default/files/styles/list_teaser/public/static-page/img/Failure%20of%20the%20New%20Economics_Hazlitt_20140916.jpg?itok=eb1yAzG3" style="-webkit-box-shadow: rgba(0, 0, 0, 0.0980392) 1px 1px 5px; background-color: white; background-position: initial initial; background-repeat: initial initial; border: 0px; box-shadow: rgba(0, 0, 0, 0.0980392) 1px 1px 5px; box-sizing: border-box; display: block; height: auto; max-width: 100%; padding: 5px; vertical-align: middle; width: 217.765625px;" title="The Failure of the New Economics by Henry Hazlitt" typeof="foaf:Image" width="240" /></div> <div class="tags" style="box-sizing: border-box; color: #788086; font-size: 11px; padding-top: 5px;"> <span class="tag-label bold" style="box-sizing: border-box; font-weight: 600; padding-right: 5px; text-transform: uppercase;">TAGS</span>&nbsp;<span style="box-sizing: border-box;"><a href="https://mises.org/austrian-school/other-schools-thought" style="box-sizing: border-box; color: #788086; text-decoration: none;">Other Schools of Thought</a></span></div> </div> <div class="group-right col-xs-8 col-xs-8" style="box-sizing: border-box; color: #494e54; float: left; font-family: myriad-pro, 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 15px; min-height: 1px; padding-left: 10px; padding-right: 0px; position: relative; width: 475.546875px;"> <h2 class="teaser-title" style="box-sizing: border-box; color: #00426b; font-family: crimson_text, Georgia, 'Times New Roman', Times, serif; font-size: 23px; line-height: 1.1; margin: 0px 0px 12.5px; position: relative; vertical-align: top;"> <a href="https://mises.org/library/failure-new-economics-2" style="box-sizing: border-box; color: #38709e; text-decoration: none;">The Failure of the "New Economics"</a>&nbsp;Part 1</h2> <div class="group-date-author" style="box-sizing: border-box;"> <span class="date" style="box-sizing: border-box; color: #00426b; font-weight: 600; text-transform: uppercase;">DECEMBER 30, 2014</span><span class="author" style="box-sizing: border-box;"><a href="https://mises.org/profile/henry-hazlitt" rel="author" style="box-sizing: border-box; color: #00426b; text-decoration: none;">Henry Hazlitt</a></span></div> <span style="background-color: white;">Henry Hazlitt's line-by-line commentary and refutation of&nbsp;</span><em style="box-sizing: border-box;">Keynes's General Theory</em><span style="background-color: white;">—one of the most destructive, fallacious, and convoluted books of the twentieth century. Narrated by Josiah Schmidt. Download the complete audio book (33 MP3 audio files) in a single zip file.</span><br /><div class="read-more" style="box-sizing: border-box; cursor: pointer; font-size: 13px; text-transform: uppercase;"> <a href="https://mises.org/library/failure-new-economics-2" style="box-sizing: border-box; color: #788086; font-size: 13px; text-decoration: none;">READ MORE</a></div> <div class="read-more" style="box-sizing: border-box; cursor: pointer; font-size: 13px; text-transform: uppercase;"> <span style="background-color: white; font-size: 15px; text-transform: none;">&nbsp;</span><span style="color: white; font-size: xx-small;"><span style="background-color: #38709e; border-bottom-left-radius: 5px; border-bottom-right-radius: 5px; border-color: rgb(56, 112, 158); border-top-left-radius: 5px; border-top-right-radius: 5px; box-sizing: border-box; display: inline-block; line-height: 1.25; padding: 6px 10px; text-align: center; text-transform: none; vertical-align: middle; white-space: nowrap;"><a href="http://mp3.anarchistphilosophies.com/thefailureoftheneweconomics1.mp3" style="color: #888888; text-decoration: none;">Download audio file</a></span></span></div> </div>