Economics is haunted by more fallacies than any other study known to man — 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… — 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
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
“For every dollar that is spent on the (boondoggle) bridge a dollar will be taken away from taxpayers. If the bridge costs… — Henry Hazlitt Copy Share Image
The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy;… — 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
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
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
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
“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
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
Everything we get, outside of the free gifts of nature, must in some way be paid for. The world is full of… — Henry Hazlitt Copy Share Image
The bad economist sees only what immediately strikes the eye; the good economist also looks beyond. The bad economist sees only the… — Henry Hazlitt Copy Share Image
“In an exchange economy everybody’s money income is somebody else’s cost. Every increase in hourly wages, unless or until compensated by an… — Henry Hazlitt Copy Share Image
“Now few people recognize the necessary implications of the economic statements they are constantly making. When they say that the way to… — Henry Hazlitt Copy Share Image
“Emotional economics has given birth to theories that calm examination cannot justify. One of these is the idea that labor is being… — 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… — Henry Hazlitt Copy Share Image
The 'private sector' of the economy is, in fact, the voluntary sector; and the 'public sector' is, in fact, the coercive sector. — Henry Hazlitt Copy Share Image
There is no more certain way to deter employment than to harass and penalize employers. — 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
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
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
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
“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
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
