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. β¨ Henry Hazlitt, Hans F. Sennholz (1993). The Wisdom of Henry Hazlitt, Foundation for Economic Education
More Author Quotes
- 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 β¦ βΆ
- ..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 spendi β¦ βΆ
- 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. β¨ Henry Hazlitt (2010). Economics in On β¦ βΆ
- There is no more certain way to deter employment than to harass and penalize employers. β¨ Henry Hazlitt (2010). Economics in One Lesson: The Shortest and Surest Way to Understand Basic Economics, p.2 β¦ βΆ
- The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group bu β¦ βΆ
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