A Quote by Henry Hazlitt

Bureaucrats denounce private enterprise for the consequences of their own reckless policies and demand still more governmental controls. — © Henry Hazlitt
Bureaucrats denounce private enterprise for the consequences of their own reckless policies and demand still more governmental controls.
Politicians, bureaucrats, editors, new commentators, 'economists' teachers,' and other word artists who denounce private enterprise and praise socialism are their own worst enemies...these attackers are unwittingly destroying the sources of their own livelihood. They kill the geese that lay the golden eggs - and don't know it!
It is a popular error that bureaucracy is less flexible than private enterprise. It may be so in detail, but when large scale adaptations have to be made, central control is far more flexible. It may take two months to get an answer to a letter from a government department, but it takes twenty years for an industry under private enterprise to readjust itself to a fall in demand.
Private enterprise is ceasing to be free enterprise. Private enterprise, indeed, became too private. It became privileged enterprise, not free enterprise.
The quickest and surest way to production, prosperity, and economic growth is through private enterprise. The best way for governments to encourage private enterprise is to establish justice, to enforce contracts, to insure domestic peace and tranquility, to protect private property, and to secure the blessings of liberty including economic liberty - which means to stop putting obstacles in the way of private enterprise.
When shallow critics denounce the profit motive inherent in our system of private enterprise, they ignore the fact that it is an economic support of every human right we possess and without it, all rights would disappear.
In actual fact, it is the State, i.e., the taxpayer who has become responsible to private enterprise. In Fascist Italy the State pays for the blunders of private enterprise Profit is private and individual. Loss is public and social.
Censorship' is a term pertaining only to governmental action. No private action is censorship. No private individual or agency can silence a man or suppress a publication; only the government can do so. The freedom of speech of private individuals includes the right not to agree, not to listen and not to finance one's own antagonists.
I'll tell what reckless is. What reckless is is calling [Bashar] Assad a reformer. What reckless is allowing Russia to come into Crimea and Ukraine. What reckless is is inviting Russia into Syria to team with Iran. That is reckless. And the reckless people are the folks in the White House right now. Barack Obama and Hillary Clinton are the reckless people.
We know that, sooner or later, reckless government actions and policies have consequences. That when government corrupts the truth and breaks faith with the American people, the entire fabric of our society - everything we believe in and count on - is in jeopardy.
We are so accustomed to the miracle of private enterprise that we habitually take it for granted. But how does private industry solve the incredibly complex problem of turning out tens of thousands of different goods and services in the proportions in which they are wanted by the public? ... It solves these problems through the institutions of private property, competition, the free market, and the existence of money - through the interrelations of supply and demand, costs and prices, profits and losses.
Private choices are not private; they all have public consequences...Our society is the sum total of what millions of individuals do in their private lives. That sum total of private behavior has worldwide public consequences of enormous magnitude. There are no completely private choices.
Private enterprise manages better all that to which it is equal. Anarchism declares that private enterprise, whether individual or cooperative, is equal to all the undertakings of society.
Bureaucrats behave very differently than a private-sector manager because their motivations are different. Permanent bureaucrats, no matter how senior, worry about their next job.
Land surveyors start as employees, and move up to partnership in a firm or to ownership of their own enterprise if they wish. Some wind up working for government, private corporations, or public enterprise.
When it comes to family policies, you are dealing with very private issues. Still, my husband and I decided that we didn't want to make our private lives a matter of public discussion.
Bad policies, stupid policies, gutless policies have real consequences.
This site uses cookies to ensure you get the best experience. More info...
Got it!