Income redistribution Quotes by Henry Hazlitt

1 Income redistribution quote by Henry Hazlitt

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The consequences of inflation are malinvestment, waste, a wanton redistribution of wealth and income, the growth of speculation and gambling, immorality and corruption, disillusionment, social resentment, discontent, upheaval and riots, bankruptcy, increased government controls, and eventual collapse.

Henry Hazlitt

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More by Henry Hazlitt

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

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“This is perhaps as good a place as any to point out that what distinguishes many reformers from those who cannot accept their proposals is not their greater philanthropy, but their greater impatience. The question is not whether we wish to see everybody as well off as possible. Among men of good will such an aim can be taken for…

Henry Hazlitt

Government can't give us anything without depriving us of something else.

Henry Hazlitt

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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

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“The analysis of our illustrations has taught us another incidental lesson. This is that, when we study the effects of various proposals, not merely on special groups in the short run, but on all groups in the long run, the conclusions we arrive at usually correspond with those of unsophisticated common sense. It would not occur to anyone unacquainted with…

Henry Hazlitt

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

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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

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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 Reindeer.'

Henry Hazlitt

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

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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

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“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

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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

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