Today is already the tomorrow which the bad economist yesterday urged …

Henry Hazlitt
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Today is already the tomorrow which the bad economist yesterday urged us to ignore. ✨ Henry Hazlitt (2010). Economics in One Lesson: The Shortest and Surest Way to Understand Basic Economics, p.13, Crown Business
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The bad economist sees only what immediately strikes the eye; the good economist also looks beyond. The bad economist sees only the direct consequences of a proposed course; the good economist looks … ▶
The whole gospel of Karl Marx can be summed up in a single sentence: Hate the man who is better off than you are. Never under any circumstances admit that his success may be due to his own efforts, t … ▶
It is often sadly remarked that the bad economists present their errors to the public better than the good economists present their truths. It is often complained that demagogues can be more plausibl … ▶
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.
The 'private sector' of the economy is, in fact, the voluntary sector; and the 'public sector' is, in fact, the coercive sector. ✨ Henry Hazlitt (1971). Man Vs. the Welfare State, p.121, Ludwig von M … ▶

Today is already the tomorrow which the bad economist yesterday urged us to ignore. ✨ Henry Hazlitt (2010). Economics in One Lesson: The Shortest and Surest Way to Understand Basic Economics, p.13, Crown Business

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