Henry Hazlitt

The question is not whether we wish to see everybody as well off as possible. Among men of good will such an…

— Henry Hazlitt

The ideas which now pass for brilliant innovations and advances are in fact mere revivals of ancient errors, and a further proof…

— Henry Hazlitt

The great merit of gold is precisely that it is scarce; that its quantity is limited by nature; that it is costly…

— Henry Hazlitt

If a government resorts to inflation, that is, creates money in order to cover its budget deficits or expands credit in order…

— Henry Hazlitt

The envious are more likely to be mollified by seeing others deprived of some advantage than by gaining it for themselves. It…

— Henry Hazlitt

The bad economist sees only what immediately strikes the eye; the good economist also looks beyond. The bad economist sees only the…

— Henry Hazlitt

Diluting the money supply with paper is the moral equivalent of diluting the milk supply with water.

— Henry Hazlitt

“There are men regarded today as brilliant economists, who deprecate saving and recommend squandering on a national scale as the way of…

— Henry Hazlitt

“Who subsidizes the consumers will depend upon the incidence of taxation. But men in their role of taxpayers will be subsidizing themselves…

— Henry Hazlitt

Precisely because the State has the monopoly of coercion it can be allowed the monopoly only of coercion. Only if the modern…

— Henry Hazlitt

The crying need today is not for more laws, but for fewer. The world must be saved from its saviors. If the…

— Henry Hazlitt

Government planning always involves compulsion.

— Henry Hazlitt

“Every day each of us in his own activity is engaged in trying to reduce the effort it requires to accomplish a…

— Henry Hazlitt

Government relief tends constantly to get out of hand. And even when it is kept within reasonable bounds it tends to reduce…

— Henry Hazlitt

When any welfare scheme is being proposed, its political sponsors always dwell on what a generous and compassionate government should pay to…

— Henry Hazlitt

The superior freedom of the capitalist system, its superior justice, and its superior productivity are not three superiorities, but one. The justice…

— Henry Hazlitt

Arbitrary government power is being multiplied daily by the now practically unchallenged assumption that wherever there is any problem of any kind…

— Henry Hazlitt

To try to cure unemployment by inflation rather than by adjustment of specific wage-rates is like trying to adjust the piano to…

— Henry Hazlitt

“Now few people recognize the necessary implications of the economic statements they are constantly making. When they say that the way to…

— Henry Hazlitt

The whole gospel of Karl Marx can be summed up in a single sentence: Hate the man who is better off than…

— Henry Hazlitt

There are millions receiving government payments who have come to consider them as an earned right, who of course find them inadequate,…

— Henry Hazlitt

If precious metals had been abundant, they would not have been precious.

— Henry Hazlitt

Economics is haunted by more fallacies than any other study known to man. This is no accident. The inherent difficulties of the…

— Henry Hazlitt

The way to maximize production is to maximize the incentives to production. And the way to do that, as the modern world…

— Henry Hazlitt

Contrary to age-old prejudices, the wealth of the rich is not the cause of the poverty of the poor, but helps to…

— Henry Hazlitt