Best Henry Hazlitt Quotes
- Need is not demand. Effective economic demand requires not merely need but corresponding purchasing power. Corresponding
- Give me the clear blue sky above my head, and the green turf beneath my feet, a winding road before me, and a three hours'… Beneath
- There may have been somewhere, as a few eighteenth-century philosophers dreamed, a group of peaceful men who got together one evening after work and drew… Able
- Prolonged inflation never 'stimulates' the economy. On the contrary, it unbalances, disrupts, and misdirects production and employment. Contrary
- When people who earn more than the average have their 'surplus', or the greater part of it, seized from them in taxes, and when people… Able
- Capitalism will continue to eliminate mass poverty in more and more places and to an increasingly marked extent if it is merely permitted to do… Capitalism
- The government has nothing to give to anybody that it doesn't first take from someone else. Anybody
- 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 or… Amount
- Modern capitalism benefited the masses in a double way - both by greatly increasing the wages of the masses of workers and greatly reducing the… Benefited
- The way to maximize production is to maximize the incentives to production. And the way to do that, as the modern world has discovered, is… Capitalism
- For every alleged benefit that the politicians confer upon us, they must necessarily deprive us of something else. Alleged
- Yet it ought to be clear that a minimum wage law is, at best, a limited weapon for combatting the evil of low wages, and… Achieved
- You cannot make a man worth a given amount by making it illegal for anyone to offer him anything less. You merely deprive him of… Abilities
- We cannot distribute more wealth than is created. We cannot in the long run pay labor as a whole more than it produces. Cannot Distribute
- There is a strange idea aboard, held by all monetary cranks, that credit is something a banker gives to a man. Credit, on the contrary,… Aboard
- In order that one industry might grow or come into existence, a hundred other industries would have to shrink. Existence
- The most obvious and yet the oldest and most stubborn error on which the appeal of inflation rests is that of confusing ‘money’ with ‘wealth’…Real… Ambiguity
- More and more people are becoming aware that government has nothing to give them without first taking it away from somebody else-or from themselves. Increased… Aware
- The first requisite of a sound monetary system is that it put the least possible power over the quantity or quality of money in the… First Requisite
- The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists in… Act
- The 'private sector' of the economy is, in fact, the voluntary sector; and the 'public sector' is, in fact, the coercive sector. Coercive
- A man with a scant vocabulary will almost certainly be a weak thinker. The richer and more copious one's vocabulary and the greater one's awareness… Almost Certainly
- A man who is good from docility, and not from stern self-control, has no character. Character
- The only way we could remember would be by constant re-reading, for knowledge unused tends to drop out of mind. Knowledge used does not need… Application
- ..either immediately or ultimately every dollar of government spending must be raised through a dollar of taxation. Once we look at the matter. In this… Another Light