When the government makes loans or subsidies to business, what it does…

Henry Hazlitt
36 citations
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. ✨ Henry Hazlitt (2010). Economics in One Lesson: The Shortest and Surest Way to Understand Basic Economics, p.45, Crown Business
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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. ✨ Henry Hazlitt (2010). Economics in One Lesson: The Shortest and Surest Way to Understand Basic Economics, p.45, Crown Business

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