Henry Hazlitt Quotes

You don’t produce development through aid; you produce it through private investment which creates jobs.

A nascent economy needs a transparent and accountable government and an efficient civil service to help meet social needs. Its people need jobs and a belief in their country's future. A surfeit of aid has been shown to be unable to help achieve these goals.

Foreign aid must be viewed as an investment, not an expense...but when foreign aid is carefully guided and targeted at a specific issue, it can and must be effective.

Foreign aid must be viewed as an investment, not an expense.

70 to 80 percent of country economy is controlled by the Bolivian state, and the other percentage by the private sector. We admit that it's legal, constitutional, that the private sector is entitled to its own economy, but to ensure these profound changes that clearly this government is promoting, including profound changes in the food industry, what we are doing is an important step.

The government is also looking at further benefits including enhanced capital allowances; the use of Tax Incremental Finance; and extra help from UK Trade and Investment on inward investment and trade opportunities.

Industrialization starts with the formation of capital - it does not matter how. It can be created by saving, by the state enforcing its will on the people, by the very rich themselves.

Urban America has been redlined. Government has not offered tax incentives for investment, as it has in a dozen foreign markets. Banks have redlined it. Industries have moved out, they've redlined it. Clearly, to break up the redlining process, there must be incentives to green-line with hedges against risk.

Our Government is committed to pursuing policies and programs which facilitate a further lowering of the interest rates in order to fuel investment and growth. We call on the commercial banks to partner with us in this effort.

During the Cold War, the U.S. instituted a policy of sending money to governments in poor countries to buy their political loyalty. While studies show that sending aid to foreign governments creates allegiance, it does not lead to economic progress.

Jobs are created in the private sector. Not by the president or the government unless they're government jobs.

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.

But effective regulation at the European Union level can make a massive contribution to achieving our shared goals of improving competitiveness, jobs and growth.

You can't have a situation in which companies proceed on a permanent basis relying only on cash from the government.

I was criticized at some level within the Republican Party by those who say government should not be in the economic development business at all. My response is that the only country I know that doesn't have an economic development plan is Papa New Guinea.

'Dead Aid' is about the inefficacy and the limitations of large-scale aid programs in creating economic growth and reducing poverty in Africa.

I want to see Haiti do better. We have the sun everywhere: that's a big asset. We have wonderful coasts, beautiful islands, mountains. Other countries that have that are known for it, but Haiti has been so focused inwards, on its problems.

The realities of the modern global economy require government to play a substantial role in ensuring the national and economic security of the people.

Egypt does not possess rich natural resources. Its agricultural area is relatively small - less than 10 per cent of the total land. Its growth relies on tourism, Suez Canal tariffs, and foreign investment.

2005 opens with the promise of a number of substantial direct private investments that can swiftly transform the economy and set all sectors on a pronounced upward curve.

I will be the government of increasing economic growth and creating jobs. Take it from me that that's the main issue.

In Africa today, we recognise that trade and investment, and not aid, are pillars of development.

Last year we nationalized hydrocarbons. This year it will be mining.

A serious and explicit purpose of our foreign policy is the encouragement of a hospitable climate for private investment in foreign nations.

Instead of more money, what Africa really needs is governments that are responsible to their own voters, that are largely self-financing, that are internationally respectable, and that can attract home some of the hundreds of thousands of talented Africans who currently live in the West. New infusions of aid would likely just perpetuate the kleptocratic regimes that have slowly strangled the continent since independence.