Henry Hazlitt Quotes

Are we interested in treating the symptoms of poverty and economic stagnation through income redistribution and class warfare, or do we want to go at the root causes of poverty and economic stagnation by promoting pro-growth policies that promote prosperity?

The only way you get economic progress, real standards of living moving higher, is to have the savings of the society continuously invested in the cutting-edge technologies. And those technologies which are obsolescent get dropped out.

What an economy really wants, after all, is not more investment per se but better investment. It wants capital to flow to companies that will create value - not in the form of a rising stock price but in the form of more goods for less cost, more jobs, and rising wages - by enhancing productivity.

The wealth that was created by my investments wasn't put into a giant swimming pool as so many elected demagogues seem to imagine. Instead it benefitted our employees, their families and our community at large.

Our goals for this nation must be nothing less than to double the size of our economy and bring prosperity and jobs, ownership and equality of opportunity to all Americans, especially those living in our nation's pockets of poverty.

If I care about poverty, I have to care a lot about investments in the private sector. The private sector creates the vast majority of jobs in the world, and social protection only goes so far.

It turns out that advancing equal opportunity and economic empowerment is both morally right and good economics, because discrimination, poverty and ignorance restrict growth, while investments in education, infrastructure and scientific and technological research increase it, creating more good jobs and new wealth for all of us.

The globalization of the economy has lifted more people out of poverty than anything else in the history of the world.

Foreign investment ordinarily means the investment abroad of funds that would have been saved anyhow and invested in the home country.… If invested productively within this country, the exported capital would increase the effectiveness of American industry, and so add to our national income--that is, to the amount of goods and services at our command. That loss is the primary national sacrifice entailed in foreign investment.

There are some templates that are in place for bipartisan investment in ways to make our economy stronger and ways to lift the middle class and help the vulnerable.

I think we are smashing it as a government in terms of economic performance and infrastructure spend, but not everybody feels part of that success story.

You alleviate poverty by trickle-down economics.

We can't have all the concentration of wealth in a few places in this country. We've got to create economic opportunity and new industries in communities that feel left behind.

Every dollar released from taxation that is spared or invested will help create a new job and a new salary.

The Trump administration's economic agenda is the right agenda. Corporate taxes have been driving capital and brains and companies overseas for a decade. It has caused huge damage in investment and jobs and productivity. It was a mistake. We have to fix it. Counterintuitively, that usually helps middle-class wages, and lower-class wages, and job formation.

The best way to help the poor is to slash taxes and allow savings, investment, and creation of jobs to proceed unhampered.

You know what higher interest rates mean. To you it means a higher mortgage payment, a higher car payment, a higher credit card payment. To our economy, it means business people will not borrow as much money, invest as much money, create as many new jobs, create as much wealth, raise as many raises.

Become one of those people who work hard, invest and build, and at the same time create employment and opportunities for others.

We need to give people more of an incentive to work, to save, to invest, to create a true future for themselves.

Development has to result in jobs. What we need is not just more production, but mass production and production by masses.

Conservatives say if you don't give the rich more money, they will lose their incentive to invest. As for the poor, they tell us they've lost all incentive because we've given them too much money.

More paper money cannot make a society richer, of course, it is just more printed-paper. Otherwise why is it that there are still poor countries and poor people around?

The poor of the world cannot be made rich by the redistribution of wealth. Poverty can't be eliminated by punishing people who've escaped poverty, taking their money and giving it as a reward to people who have failed to escape.

Now it is unambiguously clear that trickle-down economics does not work. But what does that mean? That means we have to structure our economic policies to make sure that we have shared prosperity. And you don't do that by giving a tax cut to the big winners and raising taxes on those who have not done very well. Your economic policy has to respond to the way our economic system has been working.

When I put something into motion, the creativity starts to make other people want to jump in, and then a lot of people get employed. I'm just like a shark, in that way. If I stop swimming, I'll die.