The mounting burden of taxation not only undermines individual incentives to increased work and earnings, but in a score of ways discourages… — Henry Hazlitt Copy Share Image
Socialists will often talk as if some form of superbly equalized destitution were preferable to "maldistributed" plenty. A national income that is… — Henry Hazlitt Copy Share Image
Relief, or redistribution of income, voluntary or coerced, is never the true solution of poverty, but at best a makeshift, which may… — Henry Hazlitt Copy Share Image
The larger the percentage of the national income taken by taxes the greater the deterrent to private production and employment. When the… — Henry Hazlitt Copy Share Image
The long-run historical tendency of capitalism has not only been to increase real incomes more or less proportionately nearly all along the… — Henry Hazlitt Copy Share Image
One of the worst features of all the plans for sharing wealth and equalizing or guaranteeing incomes is that they lose sight… — Henry Hazlitt Copy Share Image
Economic progress and justice do not consist in superbly equalized destitution, but in the constant creation of more and more goods and… — Henry Hazlitt Copy Share Image
Would-be income guarantors ignore or despise the capitalistic system that makes their dreams dreamable and gives their redistribute-the-income proposals whatever plausibility they… — Henry Hazlitt Copy Share Image
All subsidy measures, all schemes to redistribute income or to force Peter to support Paul, are one-eyed as well as shortsighted. They… — Henry Hazlitt Copy Share Image
The mounting burden of taxation not only undermines individual incentives to increased work and earnings, but in a score of ways discourages… — Henry Hazlitt Copy Share Image
The consequences of inflation are malinvestment, waste, a wanton redistribution of wealth and income, the growth of speculation and gambling, immorality and… — Henry Hazlitt Copy Share Image
Practically all government attempts to redistribute wealth and income tend to smother productive incentives and lead toward general impoverishment. — Henry Hazlitt Copy Share Image
It is possible to increase paper-money income to any amount by debasing the currency. But real income can only be increased by… — Henry Hazlitt Copy Share Image
It is often sadly remarked that the bad economists present their errors to the public better than the good economists present their truths. It… — Henry Hazlitt Copy Share
“This is perhaps as good a place as any to point out that what distinguishes many reformers from those who cannot accept their proposals… — Henry Hazlitt Copy Share
When the government makes loans or subsidies to business, what it does is to tax successful private business in order to support unsuccessful private… — Henry Hazlitt Copy Share
“The analysis of our illustrations has taught us another incidental lesson. This is that, when we study the effects of various proposals, not merely… — Henry Hazlitt Copy Share
There is a profound contrast between the effects of foreign aid and of voluntary private investment: foreign aid goes from government to government. It… — Henry Hazlitt Copy Share
The mounting burden of taxation not only undermines individual incentives to increased work and earnings, but in a score of ways discourages capital accumulation… — Henry Hazlitt Copy Share
Multiculturalism means your kid has to learn some wretched tribal dirge for the school holiday concert instead of getting to sing 'Rudolph the Red-Nosed… — Henry Hazlitt Copy Share
It is possible to increase paper-money income to any amount by debasing the currency. But real income can only be increased by working harder… — Henry Hazlitt Copy Share
Inflation makes the extension of socialism possible by providing the financial chaos in which it flourishes. The fact is that socialism and inflation are… — Henry Hazlitt Copy Share
“the desperate need to get back to normal housing and other living conditions stimulated increased efforts. But this does not mean that property destruction… — Henry Hazlitt Copy Share
Yet it ought to be clear that a minimum wage law is, at best, a limited weapon for combatting the evil of low wages,… — Henry Hazlitt Copy Share
“It is a misconception to think of the function or result of machines as primarily one of creating jobs . The real result of… — Henry Hazlitt Copy Share
A certain amount of taxes is of course indispensable to carry on essential government functions. Reasonable taxes for this purpose need not hurt production… — Henry Hazlitt Copy Share
A vital function of the free market is to penalize inefficiency and misjudgment and to reward efficiency and good judgment. By distorting economic calculations… — Henry Hazlitt Copy Share
