--- title: "Meaning & Key Takeaway of: Economics is haunted by more fallacies…" description: "\"Economics is haunted by more fallacies than any other study known to man. This is no accident. The inherent difficulties of the subject would be great ..." image: "https://sms4smile.com/quotes/i/e16/henry-hazlitt-2839_accidents_economics-is-haunted-by-more-fallacies-t_835439.jpg" --- # Economics is haunted by more fallacies than any other… ![“Economics is haunted by more fallacies than any other study known to man. This is no accident. The inherent difficulties of the subject would be great enough in any case, but they are multiplied a thousandfold by a factor that is insignificant in, say, physics, mathematics or medicine - the…” quote by Henry Hazlitt](https://sms4smile.com/quotes/i/e16/henry-hazlitt-2839_accidents_economics-is-haunted-by-more-fallacies-t_835439.jpg) [Download](https://sms4smile.com/quotes/i/e16/henry-hazlitt-2839_accidents_economics-is-haunted-by-more-fallacies-t_835439.jpg) [Open image](https://sms4smile.com/quotes/i/e16/henry-hazlitt-2839_accidents_economics-is-haunted-by-more-fallacies-t_835439.jpg) > “Economics is haunted by more fallacies than any other study known to man. This is no accident. The inherent difficulties of the subject would be great enough in any case, but they are multiplied a thousandfold by a factor that is insignificant in, say, physics, mathematics or medicine - the special pleading of selfish interests.” [Henry Hazlitt](https://sms4smile.com/quotes/author/henry-hazlitt/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Economic analysis is distorted by self‑interest, leading to many false beliefs about how markets work. **In simple terms:** Self‑interest skews economic truth. Key Takeaway Beware bias when studying economics. Themes economics bias self‑interest misconception Mood critical analytical Type philosophical inspirational When to use this quote - policy making - academic research - investment decisions Key Concepts public choice cognitive bias market failure Questions to Reflect On - How does personal gain affect economic theory? - What safeguards reduce bias? A Different Perspective Self‑interest is not the only factor influencing outcomes. ★ ★ ★ ★ ★ No ratings yet [Accidents](https://sms4smile.com/quotes/about/accidents/) [Cases](https://sms4smile.com/quotes/about/cases/) [Difficulty](https://sms4smile.com/quotes/about/difficulty/) [Economic](https://sms4smile.com/quotes/about/economic/) [Economics](https://sms4smile.com/quotes/about/economics/) [Economics Haunted](https://sms4smile.com/quotes/about/economics-haunted-595672/) [Education](https://sms4smile.com/quotes/about/education/) [Enough](https://sms4smile.com/quotes/about/enough/) [Fallacies](https://sms4smile.com/quotes/about/fallacies/) [Fallacies Study](https://sms4smile.com/quotes/about/fallacies-study-595674/) [Fallacy](https://sms4smile.com/quotes/about/fallacy/) [Inherent](https://sms4smile.com/quotes/about/inherent/) [Inherent Difficulties](https://sms4smile.com/quotes/about/inherent-difficulties-595675/) [Insignificant](https://sms4smile.com/quotes/about/insignificant/) [Interest](https://sms4smile.com/quotes/about/interest/) [Known To Man](https://sms4smile.com/quotes/about/known-to-man/) [Mathematics](https://sms4smile.com/quotes/about/mathematics/) [Medical](https://sms4smile.com/quotes/about/medical/) [Medicine](https://sms4smile.com/quotes/about/medicine/) [Men](https://sms4smile.com/quotes/about/men/) [Physics](https://sms4smile.com/quotes/about/physics/) [Pleading](https://sms4smile.com/quotes/about/pleading/) [Selfish](https://sms4smile.com/quotes/about/selfish/) [Selfish Interests](https://sms4smile.com/quotes/about/selfish-interests-595673/) [Special](https://sms4smile.com/quotes/about/special/) [Study](https://sms4smile.com/quotes/about/study/) [Subjects](https://sms4smile.com/quotes/about/subjects/) [Would be](https://sms4smile.com/quotes/about/would-be/) ## Related quotes > [Economics is haunted by more fallacies than any other study known to man](https://sms4smile.com/quotes/henry-hazlitt/economics-is-haunted-by-more-fallacies-than-any-other-study-known-to-2/) [Henry Hazlitt](https://sms4smile.com/quotes/author/henry-hazlitt/) > [“Economics is haunted by more fallacies than any other study known to man. 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