225 Quotes by Henry Hazlitt

The way to get a maximum rate of ‘economic growth’ assuming this to be our aim – is to give maximum encouragement to production, employment, saving, and investment. And the way to do this is to maintain a free market and a sound currency.

Economics is haunted by more fallacies than any other study known to man.

The progress of civilization has meant the reduction of employment, not its increase. It is because we have become increasingly wealthy as a nation that we have been able virtually to eliminate child labor, to remove the necessity of work for many of the aged and to make it unnecessary for millions of women to take jobs.

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

The notion that we can dismiss the views of all previous thinkers surely leaves no basis for the hope that our own work will prove of any value to others.

Saving” in short, in the modern world, is only another form of spending.

The ‘private sector’ of the economy is, in fact, the voluntary sector; and the ‘public sector’ is, in fact, the coercive sector.

When your money is taken by a thief, you get nothing in return. When your money is taken through taxes to support needless bureaucrats, precisely the same situation exists.

In every country it always is and must be the interest of the great body of the people to buy whatever they want of those who sell it cheapest.