Henry Hazlitt Quotes

Want and effective demand are not the same thing. If they were, the poorest nations would be the ones to display the most vigorous demand.

All I ever did was supply a demand that was pretty popular.

A very poor man may be said in some sense to have a demand for a coach and six; he might like to have it; but his demand is not an effectual demand, as the commodity can never be brought to market in order to satisfy it.

We do not manufacture wants for goods we do not produce.

In spite of all this noise, customers are still definitely buying in North America, and they're really, really buying internationally.

Most of the things we buy are wants. And we call them needs, but they're wants.

Consumers have not been told effectively enough that they have huge power and that purchasing and shopping involve a moral choice.

Demand is best measured in terms of spending. You know, I think in traditional economics, it's a mistake to measure it in terms of the quantity of goods.

I think of myself as just another consumer.

Purchasing power is a license to purchase power.

In terms of merchandise, you can't force anyone to buy something.

Nothing exists if a store doesn't buy it and you're not able to get it.

I think the big force is going to be consumer buying power.

The women are at an advantage - we represent the buying power in this country.

But if people are buying the products, naturally they're gonna use them.

Supply always comes on the heels of demand.

As mass production has to be accompanied by mass consumption, mass consumption, in turn, implies a distribution of wealth—not of existing wealth, but of wealth as it is currently produced—to provide men with buying power equal to the amount of goods and services offered by the nation's economic machinery.

Our economy, in order to grow, needs people to spend.

The difficulty lies, not in finding a producer, but in finding a consumer.

The ones that sell the most aren't the ones that are remembered.

The process of consumption is the final act in the economic drama.

Ingeniously, capitalism discovered that the economy may be moved not by satisfying existing needs, but by creating new ones.

Everything which is demanded is by that fact a good.

Mankind does not drink alcohol because there are breweries, distilleries, and vineyards; men brew beer, distill spirits, and grow grapes because of the demand for alcoholic drinks.

The primary driver of final consumer demand is, of course, the level of disposable income.