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Arbitrary government power is being multiplied daily by the now practically unchallenged assumption that wherever there is any problem of any kind to be solved, government is the agency to step in and solve it.
Henry Hazlitt
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Henry Hazlitt
Age: 98 †
Born: 1894
Born: November 28
Died: 1993
Died: July 8
Economist
Journalist
Philosopher
Philadelphia
Pennsylvania
Henry Stuart Hazlitt
Step
Solved
Steps
Practically
Power
Arbitrary
Problem
Agency
Government
Assumption
Kind
Wherever
Daily
Unchallenged
Solve
Multiplied
More quotes by Henry Hazlitt
Economic progress and justice do not consist in superbly equalized destitution, but in the constant creation of more and more goods and services, of more and more wealth and income to be shared.
Henry Hazlitt
The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy it consists in tracing the consequences of that policy not merely for one group but for all groups.
Henry Hazlitt
Prolonged inflation never 'stimulates' the economy. On the contrary, it unbalances, disrupts, and misdirects production and employment.
Henry Hazlitt
Need is not demand. Effective economic demand requires not merely need but corresponding purchasing power.
Henry Hazlitt
Once the idea is accepted that money is something whose supply is determined simply by the printing press, it becomes impossible for the politicians in power to resist the constant demands for further inflation.
Henry Hazlitt
Would-be income guarantors ignore or despise the capitalistic system that makes their dreams dreamable and gives their redistribute-the-income proposals whatever plausibility they have.
Henry Hazlitt
The army of relief and other subsidy recipients will continue to grow, and the solvency of the government will become increasingly un tenable, as long as part of the population can vote to force the other part to support it.
Henry Hazlitt
Today is already the tomorrow which the bad economist yesterday urged us to ignore.
Henry Hazlitt
If precious metals had been abundant, they would not have been precious.
Henry Hazlitt
The government has nothing to give to anybody that it doesn't first take from someone else.
Henry Hazlitt
Bureaucrats denounce private enterprise for the consequences of their own reckless policies and demand still more governmental controls.
Henry Hazlitt
The more 'adequate' we make relief, the more people we are going to find willing to get on it and stay on it indefinitely. The more we try to make sure that everybody really in need of relief gets it, the more certain we can be that we are also giving it to people who neither need nor deserve it.
Henry Hazlitt
In a thousand fields the welfarists, statists, socialists, and interventionists are daily driving for more restrictions on individual liberty.
Henry Hazlitt
Liberty is the essential basis, the sine qua non, of morality.
Henry Hazlitt
The envious are more likely to be mollified by seeing others deprived of some advantage than by gaining it for themselves. It is not what they lack that chiefly troubles them, but what others have.
Henry Hazlitt
The only real cure for poverty is production.
Henry Hazlitt
Once the premise is accepted that poverty is never the fault of the poor but the fault of 'society,' or of 'the capitalist system, then there is no definable limit to be set on relief, and the politicians who want to be elected or reelected will compete with each other in proposing new 'welfare' programs to fill some hitherto 'unmet need.'
Henry Hazlitt
There is no more certain way to deter employment than to harass and penalize employers.
Henry Hazlitt
A certain amount of taxes is of course indispensable to carry on essential government functions. Reasonable taxes for this purpose need not hurt production much.
Henry Hazlitt
The surest way for a poor nation to stay poor is to harass, hobble, and straitjacket private enterprise or to discourage or destroy it by subsidized government competition, oppressive taxation, or outright expropriation.
Henry Hazlitt