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Henry Hazlitt Quotes: To try to cure unemployment by inflation rather than by adjustment of specific wage-rates is like trying to adjust the piano to the stool rather than the stool to the piano.
         

To try to cure unemployment by inflation rather than by adjustment of specific wage-rates is like trying to adjust the piano to the stool rather than the stool to the piano.


Henry Hazlitt
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To try to cure unemployment by inflation rather than by adjustment of specific wage-rates is like trying to adjust the piano to the stool rather than the stool to the piano.
         



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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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While I may not always feel joy, God asks me to give thanks in all things because He knows that the feeling of joy begins in the action of thanksgiving.

While I may not always feel joy, God asks me to give thanks in all things because He knows that the feeling of joy begins in the action of thanksgiving.



Moral maxims are surprisingly useful on occasions when we can invent little else to justify our actions.

Moral maxims are surprisingly useful on occasions when we can invent little else to justify our actions.




It is our duty to fight for our freedom. It is our duty to win. We must love each other and support each other. We have nothing to lose but our chains.

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Pride causes us to use our gifts as though they came from ourselves, not benefits received from God, and to usurp our benefactor's glory.

Pride causes us to use our gifts as though they came from ourselves, not benefits received from God, and to usurp our benefactor's glory.



I gotta friend who spends his life, stabbing my picture with a bowie knife. Dreams of strangling me with a scarf, when my name comes up he pretends to barf.

I gotta friend who spends his life, stabbing my picture with a bowie knife. Dreams of strangling me with a scarf, when my name comes up he pretends to barf.



I don't want people to chop off the citizens' or anybody's heads in the Middle East, OK? Because they're Christian or Muslim or anything else.

I don't want people to chop off the citizens' or anybody's heads in the Middle East, OK? Because they're Christian or Muslim or anything else.



I can't say I'm one way or the other because I've honestly fallen in love with a man and I've honestly fallen in love with a woman. I don't know how you label that, it's just how it is.

I can't say I'm one way or the other because I've honestly fallen in love with a man and I've honestly fallen in love with a woman. I don't know how you label that, it's just how it is.



We never could clearly understand how it is that egotism, so unpopular in conversation, should be so popular in writing.

We never could clearly understand how it is that egotism, so unpopular in conversation, should be so popular in writing.



An image of the earth, its landscapes, directly affects people. The beauty of the earth creates enormous emotion, and through that emotion, you can transmit knowledge and raise consciousness

An image of the earth, its landscapes, directly affects people. The beauty of the earth creates enormous emotion, and through that emotion, you can transmit knowledge and raise consciousness




Quote Description


This page presents the quote "To try to cure unemployment by inflation rather than by adjustment of specific wage-rates is like trying to adjust the piano to the stool rather than the stool to the piano.". Author of this quote is Henry Hazlitt. This quote is about classical-liberalism, government, economics, austrian-economics, austrian-school-of-economics, libertarian,.