Category Archives: Quotes

The times call for courage…

Henry Hazlitt wrote this over 60 years ago. But he could have written it yesterday. Nothing has changed, except that we’re even further down the path towards a centrally planned society. And his message is more important than ever… “A … Continue reading

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Merton on fear…

“Fear is perhaps the greatest enemy of candor. How many men fear to follow their conscience because they would rather conform to the opinion of other men than to the truth they know in their hearts? How can I be … Continue reading

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When definitions no longer matter…

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Ludwig von Mises…

“How one carries on in the face of unavoidable catastrophe is a matter of temperament. In high school, as was custom, I had chosen a verse by Virgil to be my motto: Tu ne cede malis sed contra audentior ito (“Do not … Continue reading

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The seen vs. the unseen…

Frederic Bastiat was a brilliant 19th century French economist. The paragraphs below were the inspiration for Henry Hazlitt’s book Economics in One Lesson. Hazlitt basically derived his entire book from this one profound concept. In a few short paragraphs, Bastiat … Continue reading

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The line between good and evil…

“It was granted me to carry away from my prison years on my bent back, which nearly broke beneath its load, this essential experience: how a human being becomes evil and how good. In the intoxication of youthful successes I … Continue reading

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Hazlitt on Inflation…

Inflation itself is a form of taxation. It is perhaps the worst possible form, which usually bears hardest on those least able to pay. On the assumption that inflation affected everyone and everything evenly (which, we have seen, is never … Continue reading

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Inflation…

Think about this the next time you hear some talking head at the Fed talk about their inflation “target.” Inflation is theft, pure and simple. It’s worse than theft in many ways because of the subtlety and deception of it. … Continue reading

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Quote of the Day

  “There is only one difference between a bad economist and a good one: the bad economist confines himself to the visible effect; the good economist takes into account both the effect that can be seen and those effects that must be foreseen. … Continue reading

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Corruption

“When you see that in order to produce, you need to obtain  permission from men who produce nothing – When you see that money is flowing to  those who deal, not in goods, but in favors – When you see … Continue reading

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