Diluting the money supply with paper is the moral equivalent of diluting the milk supply with water.
Henry HazlittThe real solution to the problem of poverty consists in finding how to increase the employment and earning power of the poor.
Henry HazlittBureaucrats denounce private enterprise for the consequences of their own reckless policies and demand still more governmental controls.
Henry HazlittWhen any welfare scheme is being proposed, its political sponsors always dwell on what a generous and compassionate government should pay to Paul; they neglect to mention that this additional money must be seized from Peter.
Henry HazlittThe State, of course, is absolutely indispensable to the preservation of law and order, and the promotion of peace and social cooperation. What is unnecessary and evil, what abridges the liberty and threatens the true welfare of the individual, is the State that has usurped excessive powers and grown beyond its legitimate function - the super-State, the socialist State, the redistributive State, in brief, the ironically misnamed 'Welfare State.'
Henry Hazlitt