Labor Quote by Henry Hazlitt

“We cannot distribute more wealth than is created. We cannot in the long run pay labor as a whole more than it produces.”

Henry Hazlitt

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Labor Long Long run Long runs Money Pay Produce Running Wealth Whole

More by Henry Hazlitt

It is often sadly remarked that the bad economists present their errors to the public better than the good economists present their truths. It…

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“This is perhaps as good a place as any to point out that what distinguishes many reformers from those who cannot accept their proposals…

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Government can't give us anything without depriving us of something else.

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When the government makes loans or subsidies to business, what it does is to tax successful private business in order to support unsuccessful private…

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“The analysis of our illustrations has taught us another incidental lesson. This is that, when we study the effects of various proposals, not merely…

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There is a profound contrast between the effects of foreign aid and of voluntary private investment: foreign aid goes from government to government. It…

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The mounting burden of taxation not only undermines individual incentives to increased work and earnings, but in a score of ways discourages capital accumulation…

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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…

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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…

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Inflation makes the extension of socialism possible by providing the financial chaos in which it flourishes. The fact is that socialism and inflation are…

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“the desperate need to get back to normal housing and other living conditions stimulated increased efforts. But this does not mean that property destruction…

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Yet it ought to be clear that a minimum wage law is, at best, a limited weapon for combatting the evil of low wages,…

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Explore all 148 Henry Hazlitt quotes

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Maryland will always have the backs of working people and organized labor.

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In an economy increasingly dominated by network effects, peer-to-peer transactions, self-regulation, and contract labor, the old frameworks are woefully irrelevant.

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Everything that is really great and inspiring is created by the individual who can labor in freedom.

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For it is an absurdity to call a country civilized in which a decent and industrious man, laboriously mastering a trade which is valuble…

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[In science any model depends on a pre-chosen taxonomy] a set of classifications into which we divide the enormous complexity of the real world...…

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We know, Southern men declare that their slaves are better off than hired laborers amongst us. How little they know, whereof they speak! There…

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What we need is political leadership which can give guidance to the development of global governance. We need business leadership which goes beyond shareholder…

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No matter the style, the farther one goes the more obstacles increase, and the more distant appears the object it is desired to attain.…

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Every step by which an individual substitutes concerted action for isolated action results in an immediate and recognizable improvement in his conditions. The advantages…

Ludwig von Mises