Henry Hazlitt Quotes

54 quotes in 1118 categories

• The monetary managers are fond of telling us that they have substituted 'responsible money management' for the gold standard. But there is no historic record…
• The times call for courage. The times call for hard work. But if the demands are high, it is because the stakes are even higher.…
• Government-to-government foreign aid promotes statism, centralized planning, socialism, dependence, pauperization, inefficiency, and waste. It prolongs the poverty it is designed to cure. Voluntary private investment…
• Everything we get, outside of the free gifts of nature, must in some way be paid for. The world is full of so- called economists…
• There is no more certain way to deter employment than to harass and penalize employers.
• It is often sadly remarked that the bad economists present their errors to the public better than the good economists present their truths. It is…
• Government can't give us anything without depriving us of something else.
• The larger the percentage of the national income taken by taxes the greater the deterrent to private production and employment. When the total tax burden…
• The ideas which now pass for brilliant innovations and advances are in fact mere revivals of ancient errors, and a further proof of the dictum…
• What is put into the hands of B cannot be put into the hands of A.
• Everywhere the means is erected into the end, and the end itself is forgotten.
• Mere inflation-that is, the mere issuance of more money, with the consequence of higher wages and prices-may look like the creation of more demand. But…
• From a strictly economic point of view, buying gold in a major inflation and holding it probably presents the least risk of capital loss of…
• The great merit of gold is precisely that it is scarce; that its quantity is limited by nature; that it is costly to discover, to…
• 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…
• To try to cure unemployment by inflation rather than by adjustment of specific wage-rates is like trying to adjust the piano to the stool rather…
• The bad economist sees only what immediately strikes the eye; the good economist also looks beyond. The bad economist sees only the direct consequences of…
• The mounting burden of taxation not only undermines individual incentives to increased work and earnings, but in a score of ways discourages capital accumulation and…
• If precious metals had been abundant, they would not have been precious.
• In practice [monetary management] is merely a high-sounding euphemism for continuous currency debasement. It consists of constant lying in order to support constant swindling. Instead…

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