Henry Hazlitt Quotes

Let me assure you that the ANC [African National Congress] is not an enemy of private enterprise …. We are aware that the investor will not invest unless the security of that investment is assured. The rates of economic growth that we seek cannot be achieved without important inflows of foreign capital. We are determined to create the necessary climate that the foreign investor will find attractive.

Growth means creating the right conditions for the private sector - farmers and firms - to invest and do business.

I am convinced the entrepreneurial spirit of the Indian people, if allowed to express itself freely in the marketplace, India will be all right.

Government can't create wealth, but it can create the conditions for private enterprise to flourish.

Our government is focused on creating jobs, growth and long-term prosperity and on creating the right conditions for Canadian businesses.

It's been said that government doesn't create jobs, business does. For the most part, this is true. But government creates the environment in which businesses can excel and expand.

China should be developing through the various foreign investments it receives. I hope for its level-headed and rational understanding that anything to discourage that is a disservice to itself.

As President Bush has said on numerous occasions, it is the government's role to create the conditions, the friendly environment, that will attract capital.

Look, I think the worst case scenario is obvious. I think first of all it doesn't work for very long. It's an unstable government that raises taxes and destroys the image we're building for Canada as a strong place to invest.

The 1 to 2 billion poorest in the world, who don't have food for the day, suffer from the worst disease: globalization deficiency. The way globalization is occurring could be much better, but the worst thing is not being part of it. For those people, we need to support good civil societies and governments.

My own belief is that the way we grow the economy, create jobs, create wealth is in the private sector. The government doesn't do that.

We are determined to improve the economic environment by getting foreign investors in and by cutting red tape.

We must never forget that it is the private sector - not government - that is the engine of economic opportunity. Businesses, particularly small businesses, flourish and can provide good jobs when government acts as a productive partner.

Job creation requires a business friendly environment with a tax structure that is not punitive and a state government designed for efficient use of fewer tax dollars.

Real prosperity comes from everybody in the country working together in a growth mode. Real prosperity comes as a result of people's own initiative and efforts and so forth. Prosperity, if it comes from the government, is not prosperity. It's an existence or a subsistence or whatever, but it isn't prosperity.

We are the country that has attracted the biggest volume of foreign investment in southeastern Europe in the past few years. Romania doesn't need to beat itself, believing that it is a second-class citizen.

I want London to be a competitive, dynamic place to come to work.

In Poland we still believe - and this certainly applies to my government - that greater competitiveness, and greater growth and savings are possible in an economy which is as sparely regulated as possible, where freedom, competition and private ownership are key values.

Free enterprise is the only way for substantial growth.

All that Latin America needs is a friendly climate for private enterprise. This view disregards the need for building roads, ports, power plants and communications systems which must be built at least in great part with public funds and which in many areas are a prerequisite for the effective and profitable investment of private capital.

It’s the private sector that produces the jobs, but the private sector needs roads and an educated workforce.

The key to economic development is less in government aid, but in having a climate that will attract private capital….Free market development is the key to economic prosperity in the world.

… of the world’s nearly 200 economies, only 35 have reached developed status and stayed there. The rest are still emerging, and many have been emerging forever.

American and world history show that if you want minimal government, you can have it—but only if you want almost everyone in your society also to be a dirt-poor, subsistence farmer. If you want a prosperous, growing modern economy, you need high specialization and a huge, complex, interdependent network of individuals, businesses, research centers and education. And only government has the authority or money to regulate that network and to regularly pump in the targeted funds needed to sustain and grow it.

In terms of competitiveness of new global environment, Kenya will have absolutely no choice but to tackle the most important constraint to its development: it has been corruption.