Practically all government attempts to redistribute wealth and income tend to smother productive incentives and lead toward general impoverishment.
Henry HazlittThere is a profound contrast between the effects of foreign aid and of voluntary private investment: foreign aid goes from government to government. It is therefore almost inevitably statist and socialistic.
Henry HazlittInflation is not only unnecessary for economic growth. As long as it exists it is the enemy of economic growth.
Henry HazlittThe 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.
Henry Hazlitt