A primer in free market economics: property, markets, prices, labor, competition, cooperation, etc. .. Read his book, “Economics in One Lesson” to get the full treatment ..
“Henry Hazlitt (1894-1993) was the great economic journalist of the 20th century. He is the author of Economics in One Lesson among 20 other books.”
The Five Institutions of the Market Economy | Henry Hazlitt
Let us see what the basic institutions of the market economy are. We may subdivide them for convenience of discussion into (1) private property, (2) free markets, (3) competition, (4) division and combination of labor, and (5) social cooperation. As we shall see, these are not separate institutions….