The army of relief and other subsidy recipients will continue to grow, and the solvency of the government will become increasingly un tenable, as long as part of the population can vote to force the other part to support it.
Henry HazlittThe superior freedom of the capitalist system, its superior justice, and its superior productivity are not three superiorities, but one. The justice follows from the freedom and the productivity follows from the freedom and the justice.
Henry HazlittBureaucrats denounce private enterprise for the consequences of their own reckless policies and demand still more governmental controls.
Henry HazlittWhen the government makes loans or subsidies to business, what it does is to tax successful private business in order to support unsuccessful private business.
Henry HazlittIn a free enterprise system, with an honest and stable money, there is dominantly a close link between effort and productivity, on the one hand, and economic reward on the other. Inflation severs this link. Reward comes to depend less and less on effort and production, and more and more on successful gambling and luck.
Henry Hazlitt