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Henry Hazlitt Quotes: Modern capitalism benefited the masses in a double way - both by greatly increasing the wages of the masses of workers and greatly reducing the real prices they had to pay for what was produced.
         

Modern capitalism benefited the masses in a double way - both by greatly increasing the wages of the masses of workers and greatly reducing the real prices they had to pay for what was produced.


Henry Hazlitt
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Other quotes of Henry Hazlitt


Give me the clear blue sky above my head, and the green turf beneath my feet, a winding road before me, and a three hours' march to dinner - and then to thinking!

Give me the clear blue sky above my head, and the green turf beneath my feet, a winding road before me, and a three hours' march to dinner - and then to thinking!



Practically all government attempts to redistribute wealth and income tend to smother productive incentives and lead toward general impoverishment.

Practically all government attempts to redistribute wealth and income tend to smother productive incentives and lead toward general impoverishment.



Economics is haunted by more fallacies than any other study known to man

Economics is haunted by more fallacies than any other study known to man



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.

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.



The 'private sector' of the economy is, in fact, the voluntary sector; and the 'public sector' is, in fact, the coercive sector.

The 'private sector' of the economy is, in fact, the voluntary sector; and the 'public sector' is, in fact, the coercive sector.



The envious are more likely to be mollified by seeing others deprived of some advantage than by gaining it for themselves. It is not what they lack that chiefly troubles them, but what others have.

The envious are more likely to be mollified by seeing others deprived of some advantage than by gaining it for themselves. It is not what they lack that chiefly troubles them, but what others have.



The government has nothing to give to anybody that it doesn't first take from someone else.

The government has nothing to give to anybody that it doesn't first take from someone else.



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 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.



Inflation makes the extension of socialism possible by providing the financial chaos in which it flourishes. The fact is that socialism and inflation are cause and effect, they feed on each other!

Inflation makes the extension of socialism possible by providing the financial chaos in which it flourishes. The fact is that socialism and inflation are cause and effect, they feed on each other!



There is no more certain way to deter employment than to harass and penalize employers.

There is no more certain way to deter employment than to harass and penalize employers.





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Try to be someone upon whom nothing is lost!

Try to be someone upon whom nothing is lost!



You are quite unnecessary, young man!

You are quite unnecessary, young man!



You can't expect to take a definitive image in half an hour. It takes days, often years.

You can't expect to take a definitive image in half an hour. It takes days, often years.



The lost wallet or purse law: No matter how careful you are, assume that you will lose a few. ... Keep grief to a minimum. It's bad enough your stuff is gone; don't lose your mind too.

The lost wallet or purse law: No matter how careful you are, assume that you will lose a few. ... Keep grief to a minimum. It's bad enough your stuff is gone; don't lose your mind too.



England is the first country that I've had a no. 1 album in, so it is now officially my home away from home.

England is the first country that I've had a no. 1 album in, so it is now officially my home away from home.



Live both in the future and the past. Who does not live in the past does not live in the future.

Live both in the future and the past. Who does not live in the past does not live in the future.



We tried in our simple way to lead our life in a manner that may make a difference to those of others.

We tried in our simple way to lead our life in a manner that may make a difference to those of others.



During a color consultation, I like to reference food as a visual. Hot fudge and orange marmalade paint a clearer picture and helps prevent end results that leave you feeling unsatisfied.

During a color consultation, I like to reference food as a visual. Hot fudge and orange marmalade paint a clearer picture and helps prevent end results that leave you feeling unsatisfied.



The land of literature is a fairy land to those who view it at a distance, but, like all other landscapes, the charm fades on a nearer approach, and the thorns and briars become visible.

The land of literature is a fairy land to those who view it at a distance, but, like all other landscapes, the charm fades on a nearer approach, and the thorns and briars become visible.




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This page presents the quote "Modern capitalism benefited the masses in a double way - both by greatly increasing the wages of the masses of workers and greatly reducing the real prices they had to pay for what was produced.". Author of this quote is Henry Hazlitt. This quote is about modern, workers, way, capitalism, pay, real, wages, reducing,.