225 Quotes by Henry Hazlitt
- Author Henry Hazlitt
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Modern capitalism benefited the masses in a double way – both by greatly increasing the wages of the masses of workers and greatly reducing the real prices they had to pay for what was produced.
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- Author Henry Hazlitt
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So the government launches on a gigantic housing program – at the taxpayers’ expense.
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- Author Henry Hazlitt
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The more war destroys, the more it impoverishes, the greater is the postwar need. Indubitably. But need is not demand. Effective economic demand requires not merely need but corresponding purchasing power.
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- Author Henry Hazlitt
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And in terms of welfare, of course, the loss suffered will be much greater than the loss in merely arithmetical terms, because the psychological losses of those who are unemployed will greatly outweigh the psychological gains of those with a slightly higher income in terms of purchasing power.
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- Author Henry Hazlitt
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For it is the very commodities selected for maximum price-fixing that the regulators most want to keep in abundant supply. But when they limit the wages and the profits of those who make these commodities, without also limiting the wages and profits of those who make luxuries or semiluxuries, they discourage the production of the price-controlled necessities while they relatively stimulate the production of less essential goods.
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- Author Henry Hazlitt
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Inflation itself is a form of taxation. It is perhaps the worst possible form, which usually bears hardest on those least able to pay.
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- Author Henry Hazlitt
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The best wage rates for labor are not the highest wage rates, but the wage rates that permit full production, full employment and the largest sustained payrolls.
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- Author Henry Hazlitt
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It is as foolish to try to preserve obsolescent industries as to try to preserve obsolescent methods of production: this is often, in fact, merely two ways of describing the same thing.
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- Author Henry Hazlitt
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A strong passion for any object will ensure success, for the desire of the end will point out the means.
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