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Henry Hazlitt Quotes: Prolonged inflation never 'stimulates' the economy. On the contrary, it unbalances, disrupts, and misdirects production and employment.
         

Prolonged inflation never 'stimulates' the economy. On the contrary, it unbalances, disrupts, and misdirects production and employment.


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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The price an artist pays for doing what he wants is that he has to do it.

The price an artist pays for doing what he wants is that he has to do it.



This was getting bloody ridiculous, he thought savagely. If she became any more adorable, endearing, or delectable, something was going to get broken.Most likely his heart.

This was getting bloody ridiculous, he thought savagely. If she became any more adorable, endearing, or delectable, something was going to get broken.Most likely his heart.



I used to be a hopeless romantic - I fell in love with everyone I went out with.

I used to be a hopeless romantic - I fell in love with everyone I went out with.



I have two nexuses of sadness about the Mormon Church. The first is the effect the Church's position on homosexuality has on Mormons.

I have two nexuses of sadness about the Mormon Church. The first is the effect the Church's position on homosexuality has on Mormons.



There are three types of intelligence. The intelligence of man, the intelligence of animals and the intelligence of the military. In that order.

There are three types of intelligence. The intelligence of man, the intelligence of animals and the intelligence of the military. In that order.



To take offense is to give offense.

To take offense is to give offense.



I think acting is a gift. I think certain people for some reason just have a gift that they were meant to perform.

I think acting is a gift. I think certain people for some reason just have a gift that they were meant to perform.



The more effort we make to appreciate and perceive reality, the larger and more accurate our maps will be. But many do not want to make this effort.

The more effort we make to appreciate and perceive reality, the larger and more accurate our maps will be. But many do not want to make this effort.



Where you find the attraction for lust and wealth considerably diminished, to whatever creed he may belong, know that his inner spirit is awakening.

Where you find the attraction for lust and wealth considerably diminished, to whatever creed he may belong, know that his inner spirit is awakening.



He thought about how it might be to be, say, a fox confronted with an angry sheep. A sheep moreover, that could afford to employ wolves.

He thought about how it might be to be, say, a fox confronted with an angry sheep. A sheep moreover, that could afford to employ wolves.




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This page presents the quote "Prolonged inflation never 'stimulates' the economy. On the contrary, it unbalances, disrupts, and misdirects production and employment.". Author of this quote is Henry Hazlitt. This quote is about contrary, inflation, employment, economy,.