Agency Quote by Hans F. Sennholz

“Modern government has become a universal transfer agency that utilizes the political process for distributing vast measures of income and wealth. It preys on millions of victims in order to allocate valuable goods and services to its beneficiaries.” quote by Hans F. Sennholz — Download Open image

“Modern government has become a universal transfer agency that utilizes the political process for distributing vast measures of income and wealth. It preys on millions of victims in order to allocate valuable goods and services to its beneficiaries.”

Hans F. Sennholz

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Agency Beneficiaries Goods Goods and services Government Income Millions Modern Order Political Politics Prey Process Transfers Universal Valuable Victim Wealth

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Few policies are more calculated to destroy the existing basis of a free society than the debauching of its currency. And few tasks, if…

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Inflationism is a dreadful cancer that is gnawing at the backbone of the civilized order.

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When individual enterprise is free and unhampered, profit-and-loss calculations set precise limits to a businessman's temptations to expand his services... a government valuable they…

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Political power intoxicates the best hearts. No man is wise enough, nor good enough, to be trusted with much political power.

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In expectation of his demise, a successful businessman may sell out to his competitors to prepare his estate with readily marketable securities, such as…

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The history of fiat money is little more than a register of monetary follies and inflations. Our present age merely affords another entry in…

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In a world dependent on international trade and commerce, and staggering under a heavy load of international debt, no policy is more destructive than protectionism. It cuts off markets, eliminates trade, causes unemployment in the export industries all over the world, depresses the prices of export commodities, especially farm products of the United States. It is the crowning folly of…

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Sound money and free banking are not impossible; they are merely illegal.

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...there seems to be a correlation between the intensity of the official attacks on gold and the severity of monetary crises.

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The social and racial conflict, which springs from the redistribution ideology, may deepen as economic output is shrinking and transfer 'entitlements cause budget deficits…

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Centers of unionism are also the centers of unemployment.

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Wherever politics intrudes upon economic life, political success is readily attained by saying what people like to hear rather than what is demonstrably true.…

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In 1949 there was a new thing called Television, to which my agency and advisers opposed as a performance medium.

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In most agencies, account executives outnumber the copywriters two to one. If you were a dairy farmer, would you employ twice as many milkers…

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Agency Quote by Hans F. Sennholz

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