It is often sadly remarked that the bad economists present their errors to the public better than the good economists present their… — Henry Hazlitt Copy Share Image
A vital function of the free market is to penalize inefficiency and misjudgment and to reward efficiency and good judgment. By distorting… — Henry Hazlitt Copy Share Image
Government-to-government aid rests on socialistic assumptions and promotes socialism and stagnation, whereas private foreign investment rest on capitalist assumptions and promotes private… — Henry Hazlitt Copy Share Image
If a government resorts to inflation, that is, creates money in order to cover its budget deficits or expands credit in order… — Henry Hazlitt Copy Share Image
“There are men regarded today as brilliant economists, who deprecate saving and recommend squandering on a national scale as the way of… — Henry Hazlitt Copy Share Image
Economics is haunted by more fallacies than any other study known to man. This is no accident. The inherent difficulties of the… — Henry Hazlitt Copy Share Image
In a free enterprise system, with an honest and stable money, there is dominantly a close link between effort and productivity, on… — Henry Hazlitt Copy Share Image
When each of us is free to work out his own economic destiny, within the framework of the market economy, the institution… — Henry Hazlitt Copy Share Image
From a strictly economic point of view, buying gold in a major inflation and holding it probably presents the least risk of… — Henry Hazlitt Copy Share Image
The times call for courage. The times call for hard work. But if the demands are high, it is because the stakes… — Henry Hazlitt Copy Share Image
The quickest and surest way to production, prosperity, and economic growth is through private enterprise. The best way for governments to encourage… — Henry Hazlitt Copy Share Image
Inflation is not only unnecessary for economic growth. As long as it exists it is the enemy of economic growth. — 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
Short-sighted and impatient efforts to wipe out poverty by severing the connection between effort and reward can only lead to the growth… — Henry Hazlitt Copy Share Image
Government provided free tuition tends more and more to produce a uniform conformist education, with college faculties ultimately dependent for their jobs… — Henry Hazlitt Copy Share Image
Need is not demand. Effective economic demand requires not merely need but corresponding purchasing power. — Henry Hazlitt Copy Share Image
The way to get a maximum rate of 'economic growth' assuming this to be our aim - is to give maximum encouragement… — 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
The monetary managers are fond of telling us that they have substituted 'responsible money management' for the gold standard. But there is… — 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
