Economics Quote by Henry Hazlitt Download Open image “Economics is haunted by more fallacies than any other study known to man” — Henry Hazlitt ★ ★ ★ ★ ★ 3.9 out of 5 (5 ratings) Copy quoteShare Economics Fallacy Known Known To Man Men Study
Economics is haunted by more fallacies than any other study known to man. This is no accident. The inherent difficulties of the subject would… — Henry Hazlitt Copy Share Image
At least half of the popular fallacies about economics come from assuming that economic activity is a zero-sum game, in which what is gained… — Thomas Sowell Copy Share Image
The professional study of economics has become ideological brainwashing. It is a defense of the excesses of the capitalist system. — David Korten Copy Share Image
“Economics is haunted by more fallacies than any other study known to man. This is no accident. The inherent difficulties of the subject would… — Henry Hazlitt Copy Share Image
“As the authors of the studies point out, these effects suggest that economics education may have serious consequences for students’ attitudes towards greed.” — Vaddhaka Linn Copy Share Image
Despite its scientific pretensions, economics still remains more of an art than a science — Robert Kuttner Copy Share Image
Have you ever heard of the book 'Freakonomics?' So there's these two economics professors, and they're really interesting guys, and they wrote these books.… — Oliver Luck Copy Share Image
This is a serious analysis of a ridiculous subject, which is of course the opposite of what is usual in economics. — Paul Krugman Copy Share Image
Economics is a strange science. Our subject deals with some of the most important as well as mundane issues that impinge on the human… — Dale T. Mortensen Copy Share Image
Some of the most serious fallacies of traditional economics have been due to confusion between optimum and equilibrium conditions; the apparent influence of Dr.… — Sir John Richard Hicks Copy Share Image
Economists tend to think they are much, much smarter than historians, than everybody. And this is a bit too much because at the end… — Thomas Piketty Copy Share Image
The problem is a lot of what is called economics is not economics. It is more ideology or religion. — Joseph Stiglitz Copy Share Image
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 Copy Share Image
“This is perhaps as good a place as any to point out that what distinguishes many reformers from those who cannot accept their proposals… — Henry Hazlitt Copy Share Image
Government can't give us anything without depriving us of something else. — Henry Hazlitt Copy Share Image
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 Copy Share Image
“The analysis of our illustrations has taught us another incidental lesson. This is that, when we study the effects of various proposals, not merely… — Henry Hazlitt Copy Share Image
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 Copy Share Image
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 Copy Share Image
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… — Henry Hazlitt Copy Share Image
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 Copy Share Image
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 Copy Share Image
“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 Copy Share Image
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 Copy Share Image
Don't let's lose sight of what creates wealth. It is open markets, it is capitalism. — Rupert Murdoch Copy Share Image
Crony capitalism is essentially a condition in which... public officials are giving favours to people in the private sector in payment of political favours. — Alan Greenspan Copy Share Image
Advances in technology will continue to reach far into every sector of our economy. Future job and economic growth in industry, defense, transportation, agriculture,… — Christopher Bond Copy Share Image
Our engagement through international economics, trade, these trade agreements, is vital and is linked to our national security. This is a lesson we learned… — Charles Boustany Copy Share Image
“The free-market economy and globalisation process have brought about, in the late twentieth and early twenty-first century, a sharp and sudden rise in the… — Yaakov Malkin Copy Share Image
“Everything economic science posits as given, that is, the range of dispositions of the economic agent which ground the illusion of the ahistorical universality… — Pierre Bourdieu Copy Share Image
Politics is about power. It is about the power of the state. It is about the power of the state as applied to individuals,… — Kevin Rudd Copy Share Image
“a select group of high-performing companies have managed to close the strategy-to-performance gap through better planning and execution. These companies—Barclays, Cisco Systems, Dow Chemical,… — Michael C. Mankins Copy Share Image
The system of private property is the most important guaranty of freedom, not only for those who own property, but scarcely less for those… — Friedrich August von Hayek Copy Share Image
The politician attempts to remedy the evil by increasing the very thing that caused the evil in the first place: legal plunder. — Frederic Bastiat Copy Share Image
“Economists have a singular method of procedure. There are only two kinds of institutions for them, artificial and natural. The institutions of feudalism are… — Karl Marx Copy Share Image
