Henry Hazlitt Quotes

  • 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 but for all groups.
  • The ideas which now pass for brilliant innovations and advances are in fact mere revivals of ancient errors, and a further proof of the dictum that those who are ignorant of the past are condemned to repeat it.
  • The 'private sector' of the economy is, in fact, the voluntary sector; and the 'public sector' is, in fact, the coercive sector.
  • 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.
  • A strong passion for any object will ensure success, for the desire of the end will point out the means.