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 plausible in putting forward economic nonsense from the platform than the honest men who try to show what is wrong with it. β¨ Henry Hazlitt (2010). Economics in One Lesson: The Shortest and Surest Way to Understand Basic Economics, p.14, Crown Business
More Author Quotes
- 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
- The mounting burden of taxation not only undermines individual incentives to increased work and earnings, but in a score of ways discourages capital accumulation and distorts, unbalances, and shrinks β¦ βΆ
- If precious metals had been abundant, they would not have been precious. β¨ Henry Hazlitt (1959). The failure of the new economics: an analysis of the Keynesian fallacies
- 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, β¦ βΆ
- 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 β¦ βΆ
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