Government-to-government foreign aid promotes statism, centralized planning, socialism, dependence, pauperization, inefficiency, and waste. It prolongs the poverty it is designed to cure.… — Henry Hazlitt Copy Share Image
The way to maximize production is to maximize the incentives to production. And the way to do that, as the modern world… — Henry Hazlitt Copy Share Image
Capitalism will continue to eliminate mass poverty in more and more places and to an increasingly marked extent if it is merely… — 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
Modern capitalism benefited the masses in a double way - both by greatly increasing the wages of the masses of workers and… — Henry Hazlitt Copy Share Image
The system of capitalism, of the market economy, is a system of freedom, of justice, of productivity. But these three virtues cannot… — 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 Image
“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 Image
Government can't give us anything without depriving us of something else. — Henry Hazlitt Copy Share Image
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 Image
“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 Image
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 Image
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 Image
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 Image
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 Image
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 Image
“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 Image
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 Image
