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.
Henry HazlittThe mounting burden of taxation not only undermines individual incentives to increased work and earnings, but in a score of ways discourages capital accumulation and distorts, unbalances, and shrinks production.
Henry HazlittThe government has nothing to give to anybody that it doesn't first take from someone else.
Henry HazlittA vital function of the free market is to penalize inefficiency and misjudgment and to reward efficiency and good judgment. By distorting economic calculations and creating illusory profits, inflation will destroy this function.
Henry Hazlitt