You will find the downloadable pdf version below.
Our gift is the effort to get a copy into your possession in the hopes that you will read it. We also encourage you to forward copies to everyone that you know, including family, friends, business associates, and in particular give copies to every young person that you can. The book is an easy read, but contains wisdom that is often hard to come by these days.
Here is why we feel that this book is so important:
Most of the critical problems that we are facing in this country today stem from a rampant ignorance of basic economics. A Congress and an electorate that understood simple economics would never have allowed us to get into the budgetary wastefulness and debt crisis that the country now faces. Many people fail to understand that the laws of economics are like the laws of gravity–you ignore them at your peril.
Unfortunately most of our schools don’t teach this, and our children graduate without the necessary knowledge needed to make sound financial and life altering decisions in later life. This book is only a start, but it can be the seed that germinates into the fruit that drives the quest for knowledge and truth. This is true regardless of your political leanings or religious beliefs, and we truly hope that you will benefit from it.
Here is the book description as listed at the Mises Institute, where this and many other related books can be found:
“Henry Hazlitt wrote this book following his stint at the New York Times as an editorialist. His hope was to reduce the whole teaching of economics to a few principles and explain them in ways that people would never forget. It worked. He relied on some stories by Bastiat and his own impeccable capacity for logical thinking and crystal-clear prose.
He was writing under the influence of Mises himself, of course, but he brought his own special gifts to the project. As just one example, this is the book that made the idea of the “broken window fallacy” so famous. Concise and instructive, it is also deceptively prescient and far-reaching in its efforts to dissemble economic fallacies that are so prevalent they have almost become a new orthodoxy.
This is the book to send to reporters, politicians, pastors, political activists, teachers, or anyone else who needs to know. It is probably the most important economics book ever written in the sense that it offers the greatest hope to educating everyone about the meaning of the science.
Many writers have attempted to beat this book as an introduction, but have never succeeded. Hazlitt’s book remains the best. It’s still the quickest way to learn how to think like an economist. And this is why it has been used in the best classrooms for more than sixty years.”
Posted by DavidDay on Nov 28, 2013 in China, Economic Development, Economic Security/Development, Energy, Foreign Policy/Geopolitics, International Business, Intl Business in Asia, Japan, Korean Peninsula, Middle East, North Korea, North Korea, Northeast Asia, Nuclear, Oil & Gas, Our Media, PRC/China, Regional Security/Flashpoints, Russia, South Korea, Syria, Vietnam | 0 comments
In this broadcast,“Asia-in- Review” Host Hong Jiang explores Russia’s recent foreign policy and geopolitical shifts into Asia followed by its fascinating energy moves into the Region with international business lawyer & professor, David Day.
The program starts with the recent Russian foreign policy moves into the Middle East after the U.S. Syria debacle, followed by the new Russian military arms sales to Egypt, and some discussion of Russia’s client nuclear state, Iran. The Russian geopolitical moves into Asia are next, as Hong Jiang discusses with Mr. Day, Putin’s recent trip to Vietnam, along with Russia’s (1) Kilo class submarine sales to Vietnam,(2) mutual defense pact, and then (3), new joint venture operations between Vietnam’s PetroVietnam and Russian energy companies for joint oil & gas exploration efforts in both the South China (“East Sea” in Vietnam) and the Artic Seas.
Next, the conversation turns to the critical and fascinating energy “pivot” that Russia is now engaged in, shifting its focus from its former European gas and oil pipeline customers to new pipeline developments with Japan, South Korea, and yes, even North Korea.
Russia’s foreign policy regarding The Korean Peninsula is also probed.Read More
Posted by DavidDay on Nov 16, 2013 in International Arbitration and Arbitration, International Business, International Business Education, International Mediation and Mediation, Intl Business in Asia, Legal Education, Our Media | 0 comments
Why is it that a couple in the throes of divorce struggle just as hard to “create the deal” as the American businessman typically does in putting together a sustainable deal with his foreign counterpart?
In this show, we take a step back from the world of international business deal-making and diplomacy and take a hard look at some of the tips and techniques used in those areas that can help in everyday life.
Are there cross-overs that really work? Do we plan out our lives or, more accurately, do we negotiate them? What can we learn from international diplomacy and high stakes deal making that will make us more successful in the many negotiations we all engage in every day?
“Asia in Review” host David Day engages in an important and fascinating conversation with special guest Prof. Jeswald Salacuse from the Fletcher School of International Law and Diplomacy of Tufts University about Salacuse’s new book “Negotiating Life – Secrets for Everyday Diplomacy and Deal Making“. Dr. Salacuse is the former Dean of the Fletcher School, a prolific writer on the topic of negotiations, and a member of the faculty and the executive committee of the Harvard Program on Negotiation. He is also a visiting professor of law at Harvard Law School.Read More
In the international field, we thought it would be important to bring to you a discussion about a new, cutting-edge management philosophy that is in the formative stages of global management trainings coming up in the Asia Pacific Region.
Did you ever notice that typically when we evaluate an idea, a business, or an individual that the standard practice is to look for defects, areas needing improvement, etc.? What if that common approach is less effective than we believe? Should an organization, for instance, focus on its weaknesses an attempt to improve in those areas or concentrate on its strengths?
In this program, “Asia in Review” host David Day engages in an important and fascinating conversation with special guest Mr. Amin Leiman a California/Hawaii-based international management consultant, lecturer and trainer in this new field of The Art of Appreciative Inquiry and its transformative philosophy, tools, and techniques for organizational and individual re-invention.
The outer-island business faces some unique challenges in any drive to expand its markets outside of the U.S. Where does it go for assistance or guidance? How does it keep up with the educational opportunities frequently available only in Honolulu? What about the additional shipping challenges that it has to wrestle with?
Broadcast throughout the Hawaiian islands and streamed globally, Ms. Jenny Takemoto, a Maui-based international export consultant with Asia Pacific Hawaii engages in an educational, tip-filled conversation with David Day. An unusual part of this discussion is the wholly different mindset required of the outer-island business and the pro-active, forward-looking strategy that is ultimately required for success.
Posted by DavidDay on Sep 20, 2013 in Blog, Export Development, Hawaii & Pacific Islands, Indonesia, International Business, International Business Education, Intl Business in Asia, Our Media | 0 comments
There are all kinds of challenges that a small or medium-sized business faces when contemplating a move into a new market overseas: problems with payment, shipping, customs & duties, cultural barriers, distribution and marketing nightmares, taxes, local management/partner problems, customer service, language barriers, corruption possibilities, different methods/style of doing business, and on and on. For many entrepreneurs and small businesses, these challenges can be so daunting that the business is frozen and stagnates within its smaller domestic market.
It does not have to be this way. The trick is to understand the tools available for free or very little cost to the entrepreneur and small/medium sized business through the U.S. Commercial Service. An enterprise entering new business mileu needs both business market intel as well as front-line, “on the dirt” experience in the new, target market, both in initially putting the deal together and later in assisting on the back end should problems or misunderstandings develop.
Hosted by Asia in Review’s David Day, here is a candid and educational conversation with Richard Swanson, the Director for the Pacific South Region of the U.S. Commercial Service, which includes not only Hawaii and the Pacific Islands (Guam, American Samoa, Saipan, etc), but also the Southwestern states of California, Nevada, and Arizona.
During the course of this discussion, Mr. Swanson walks the business owner through the “how to” steps of using the U.S. Commercial Service to get underway successfully in new markets overseas. He discusses how to prepare for and then set up the “face-to-face” approach with USCS pre-vetted potential partners/dealers/distributors. In addition, Mr. Swanson talks about the “trade show” approach, and how to effectively tackle both the international and domestic trade shows with the assistance of the USCS.
Finally, Mr. Swanson and David Day talk about an example of a successful Hawaii company, Oils of Aloha, that partnered with the USCS several years ago and has been breaking into new market after new market ever since.
This show was broadcast on radio and television throughout the Hawaiian & Pacific Islands and then streamed globally.
Posted by DavidDay on Sep 13, 2013 in International Arbitration and Arbitration, International Business, International Business Education, International Mediation and Mediation, Law & Legal, Legal Education, Our Media | 0 comments
Education has always been an important business sector for Hawaii and the William S. Richardson Law School, in its 40 years of existence, has developed quite a reputation in the field for educating U.S. lawyers in the Pacific. The Richardson law school has also moved to develop a strong Master of Laws program that now attracts experienced foreign lawyers to study in Hawaii.
This program is an engaging conversation that probes some of the the challenges that these foreign lawyers face with the U.S. legal education system, including the “socratic” method of teaching. The conversation also looks at the important contributions these international lawyers make to both the global viewpoint and “internationalized” education of future U.S. lawyers.
David Day engages in an interesting conversation with special guests Spencer Kimura, Director of the LLM progam at the University of Hawaii’s William S. Richardson Law School, along with foreign lawyers now studying at Richardson: Mr. Akesh Abhilash (Singapore), Ms. Nicole Brauchli-Jageneau (Belgium/Switzerland), and Ms. Carolina Monserrat Bezy (Chile).
Posted by DavidDay on Sep 9, 2013 in Afghanistan, Afghanistan, Afghanistan, Afghanistan, Afghanistan, Critical National / Regional Security Issues, Disaster Prep & Humanitarian Aid, Economic Development, Economic Security/Development, Foreign Policy/Geopolitics, Foreign Policy/Geopolitics, International Business, Iran, Iran, Iran, Middle East, Military, Our Media, Pakistan, Pakistan, Pakistan, Regional Security/Flashpoints, Regional Security/Flashpoints, Syria, Syria, Syria, Syria, WMD/Chemical Weapons | 0 comments
If you have not noticed, the Washington focus on the Middle East has moved from Libya to Egypt to Syria and now to Iran. There are, however, other countries that continue to struggle with seemly insurmountable challenges to their very existence as nation states—namely, Afghanistan and Pakistan. They are all but forgotten.
In this global broadcast, both on audio and video, David Day engages in an unusual and in-depth discussion with Dr. Abdul-Karim Khan, an expert that grew up in Peshawar, Pakistan. Dr. Khan has tremendous depth in the history, the politics, the Taliban, Al-Qaeda, and the challenges that both Afghanistan and Pakistan now face. He also discusses the background and makeup of the Syrian rebel army and the linkages and non-linkages between Afghanistan, Pakistan and the civil war in Syria.Read More