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Henry Hazlitt Quotes

Henry Hazlitt quotes

American Philosopher November 28, 1894 – July 8, 1993

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Quotes

The first requisite of a sound monetary system is that it put the least possible power over the quantity or quality of money in the hands of the politicians. Henry Hazlitt
all loans, in the eyes of honest borrowers, must eventually he repaid. All credit is debt. Proposals for an increased volume of credit, therefore, are merely another name for proposals for an increased burden of debt. They would seem considerably less inviting if they were habitually referred to by the second name instead of by the first. Henry Hazlitt
A man with a scant vocabulary will almost certainly be a weak thinker. The richer and more copious one's vocabulary and the greater one's awareness of fine distinctions and subtle nuances of meaning, the more fertile and precise is likely to be one's thinking. Knowledge of things and knowledge of the words for them grow together. If you do not know the words, you can hardly know the thing. Henry Hazlitt
..either immediately or ultimately every dollar of government spending must be raised through a dollar of taxation. Once we look at the matter. In this way, the supposed miracles of government spending will appear in another light. Henry Hazlitt
Mere inflation-that is, the mere issuance of more money, with the consequence of higher wages and prices-may look like the creation of more demand. But in terms of the actual production and exchange of real things it is not. Henry Hazlitt
The ideas which now pass for brilliant innovations and advances are in fact mere revivals of ancient errors, and a further proof of the dictum that those who are ignorant of the past are condemned to repeat it. Henry Hazlitt
Henry Hazlitt quote: "need is not demand. Effective economic demand requires not..."
need is not demand. Effective economic demand requires not merely need but corresponding purchasing power. Henry Hazlitt
It is significant that while there is a word "profiteer" to stigmatize those who make allegedly excessive profits, there is no such word as "wageer" - or "losseer. Henry Hazlitt
For every dollar that is spent on the (boondoggle) bridge a dollar will be taken away from taxpayers. If the bridge costs $1,000,000 the taxpayers will lose $1,000, 000. They will have that much taken away from them which they would otherwise have spent on the things they needed most. Henry Hazlitt
Henry Hazlitt quote: "Everywhere the means is erected into the end, and the end..."
Everywhere the means is erected into the end, and the end itself is forgotten. Henry Hazlitt
Henry Hazlitt quote: "What is put into the hands of B cannot be put into the hands..."
What is put into the hands of B cannot be put into the hands of A. Henry Hazlitt
The 'private sector' of the economy is, in fact, the voluntary sector; and the 'public sector' is, in fact, the coercive sector. Henry Hazlitt
the larger the percentage of the national income taken by taxes the greater the deterrent to private production and employment. When the total tax burden grows beyond a bearable size, the problem of devising taxes that will not discourage and disrupt production becomes insoluble. Henry Hazlitt

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