225 Quotes by Henry Hazlitt

Full employment – very full employment; long, weary, back-breaking employment – is characteristic of precisely the nations that are most retarded industrially.

The typical political ploy was to load up benefits in the present and push costs into the future. Yet that future always arrived;.

The government never lends or gives anything to business that it does not take away from business.

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 Reindeer.’

There is no limit to the amount of work to be done as long as any human need or wish that work could fill remains unsatisfied.

There will not be a “surplus” of capital until the most backward country is as well equipped technologically as the most advanced, until the most inefficient factory in America is brought abreast of the factory with the latest and finest equipment, and until the most modern tools of production have reached a point where human ingenuity is at a dead end, and can improve them no further. As long as any of these conditions remains unfulfilled, there will be indefinite room for more capital.

Prolonged inflation never ‘stimulates’ the economy. On the contrary, it unbalances, disrupts, and misdirects production and employment.

Real wealth, of course, consists in what is produced and consumed: the food we eat, the clothes we wear, the houses we live in.

It has been frequently said that many of the world’s greatest inventions were due to accident. In a sense this is true. But the accident was prepared for by previous hard thinking. It would never have occurred had not this thinking taken place.