"Prolonged inflation never 'stimulates' the economy. On the……" — Henry Hazlitt
"Prolonged inflation never 'stimulates' the economy. On the contrary, it unbalances, disrupts, and misdirects production and employment."
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Henry Hazlitt
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54 Quotes by Henry Hazlitt
Henry Hazlitt has 54 quotes on this site.
A few more worth reading:
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The monetary managers are fond of telling us that they have substituted 'responsible money management' for the gold standard. But…
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The times call for courage. The times call for hard work. But if the demands are high, it is because…
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Government-to-government foreign aid promotes statism, centralized planning, socialism, dependence, pauperization, inefficiency, and waste. It prolongs the poverty it is designed…
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Everything we get, outside of the free gifts of nature, must in some way be paid for. The world is…
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There is no more certain way to deter employment than to harass and penalize employers.
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It is often sadly remarked that the bad economists present their errors to the public better than the good economists…
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Government can't give us anything without depriving us of something else.
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The larger the percentage of the national income taken by taxes the greater the deterrent to private production and employment.…
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The ideas which now pass for brilliant innovations and advances are in fact mere revivals of ancient errors, and a…
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What is put into the hands of B cannot be put into the hands of A.
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Everywhere the means is erected into the end, and the end itself is forgotten.
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Mere inflation-that is, the mere issuance of more money, with the consequence of higher wages and prices-may look like the…
See all 54 quotes by Henry Hazlitt »
More Contrary Quotes
This quote is filed under Contrary Quotes,
one of 1,184 quotes in that category. Here are a few more:
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No punishment has ever possessed enough power of deterrence to prevent the commission of crimes. On the contrary, whatever the…
— Hannah Arendt
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But human beings fall easily into despair, and from the very beginning we invented stories that enabled us to place…
— Karen Armstrong
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Miracles are not contrary to nature, but only contrary to what we know about nature.
— Saint Augustine
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Tell him, on the contrary, that he needs, in the interest of his own happiness, to walk in the path…
— Irving Babbitt
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Liberal capitalism is not at all the Good of humanity. Quite the contrary; it is the vehicle of savage, destructive…
— Alain Badiou
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There are two things which cannot be attacked in front: ignorance and narrow-mindedness. They can only be shaken by the…
— Lord Acton
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I am truly free only when all human beings, men and women, are equally free. The freedom of other men,…
— Mikhail Bakunin
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It is impious to say that evil has its origin from God, because naught contrary is produced by the contrary.…
— Saint Basil
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Life, liberty, and property do not exist because men have made laws. On the contrary, it was the fact that…
— Frederic Bastiat
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The wrath of God is a way of saying that I have been living in a way that is contrary…
— Pope Benedict XVI
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It's totally mistaken to suppose that an armed escort is going to give a journalist any protection - on the…
— Kate Adie
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In the beginning, Adam was instructed to earn the bread by the sweat of his brow - not Eve. Contrary…
— Ezra Taft Benson
See all 1,184 Contrary Quotes »