Henry Hazlitt Quotes
Best Economics in One Lesson Quotes by Henry Hazlitt
Economics in One Lesson Quotes
“Economics is haunted by more fallacies than any other study known to man.”
“Practically all government attempts to redistribute wealth and income tend to smother productive incentives and lead toward general impoverishment.”
“When Alexander the Great visited the philosopher Diogenes and asked whether he could do anything for him, Diogenes is said to have replied: ‘Yes, stand a little less between me and the sun.’ It is what every citizen is entitled to ask of his government.”
“When the government makes loans or subsidies to business, what it does is to tax successful private business in order to support unsuccessful private business.”
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“Typically, by doing what comes naturally to us, we fail to account for our weaknesses, which leads us to crash. What happens after we crash is most important. Successful people change in ways that allow them to continue to take advantage of their strengths while compensating for their weaknesses and unsuccessful people don’t.”
