A Quote by Henry Hazlitt

The vital consideration of incentives is almost systematically overlooked in the proposals of agitators for more and bigger government welfare schemes. We should all be concerned about the plight of the poor and unfortunate. But the hard two-part question that any plan for relieving poverty must answer is: How can we mitigate the penalties of failure and misfortune without undermining the incentives to effort and success.

Henry Hazlitt

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About Almost Answer Any Bigger Concerned Consideration Effort Effort And Success Failure Government Government Welfare Hard How Incentives Misfortune Mitigate More Must Overlooked Part Penalties Plan Plight Poor Poverty Proposals Question Relieving Schemes Should Success Two Undermining Unfortunate Vital Welfare Without

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Henry Hazlitt
American - Philosopher
November 28, 1894 - July 9, 1993

Experts are human, and humans respond to incentives. How any given expert treats you, therefore, will depend on how that expert's incentives are set up.

Steven Levitt

People from both political parties have long recognized that welfare without work creates negative incentives that lead to permanent poverty. It robs people of self-esteem.

Mitt Romney

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.

Jesse Jackson

In the bureaucracy, incentives will forever be inverted. Failure results in success: in more funds, more training, more time off.

Ilana Mercer

Many companies believe incentives, financial incentives, are the answer to every problem or issue. But people are motivated by much more than money. In particular, people like to feel good about themselves and maintain their self-esteem. If companies spent more time working on people's feelings of self-worth, they wouldn't have to try, often unsuccessfully, to bribe people to do work.

Jeffrey Pfeffer

I want to keep the government out of the business of giving incentives to have or not have kids, or incentives to marry or not marry.

Charles Murray

Let's be clear about this, and let's be clear: we should not be creating incentives to house people in prison. We should be creating incentives instead to shut the revolving door into prison.

Kamala Harris

The market, if it can be kept honest and competitive, does provide very strong incentives for work effort and productive contributions. In their absence, society would thrash about for alternative incentives-some unreliable, like altruism; some perilous like collective loyalty; some intolerable, like coercion or oppression.

Arthur Melvin Okun

There is a sense in which, like, it could be the case that the incentives of running for president and the incentives of getting maximum attention for yourself, sometimes align, and at a certain point, they stop aligning, and you just keep going with the incentives for maximum attention for yourself.

Chris Hayes

All human interaction, you can break it down to incentives. All relationships, at some level, are transactional. They're fascinated with incentives.

Steven Soderbergh

Nobody wants to remain poor. Those who are poor want to move away from poverty. That is why, all our programmes must be for the poor. All our schemes must serve the poor.

Narendra Modi

The line between failure and success is so fine that we are often on the line and do not know it. How many a person has thrown up his or her hands at a time when a little more effort, a little more patience, would have achieved success. A little more persistence, a little more effort, and what seemed hopeless failure may turn to glorious success.

Elbert Hubbard

Success is a poor teacher. We learn the most about ourselves when we fail, so don't be afraid of failing. Failing is part of the process of success. You cannot have success without failure.

Robert Kiyosaki

I embrace a Green New Deal; I just think we have to have public-private partnerships if we're going to get there. We have to align the environmental incentives with the financial incentives.

Tim Ryan

The tragedy of government welfare programs is not just wasted taxpayer money but wasted lives. The effects of welfare in encouraging the break-up of low-income families have been extensively documented. The primary way that those with low incomes can advance in the market economy is to get married, stay married, and work—but welfare programs have created incentives to do the opposite.

Michael Tanner

Just when we need a strong government, what do we see? Division. Chaos. And failure. No credible plan for Brexit, no solution to prevent a hard border in Ireland and no majority in Parliament for the Chequers proposals.

Keir Starmer

A Quote by Henry Hazlitt

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