A Quote by Henry Hazlitt

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.

Henry Hazlitt

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Accustomed Competition Complex Costs Demand Different Does Enterprise Existence Free Free Market Goods Goods And Services Granted How Incredibly Industry Institutions Losses Market Miracle Money Out Prices Private Private Enterprise Private Property Problem Problems Profits Property Proportions Public Services Solve Supply Supply And Demand Take Tens Tens Of Thousands Thousands Through Turning Wanted Which

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

In a community where public services have failed to keep abreast of private consumption things are very different. Here, in an atmosphere of private opulence and public squalor, the private goods have full sway.

John Kenneth Galbraith

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.

Henry Hazlitt

To economists, prices serve as crucial signals to producers and consumers. In a regulated market, the state sets prices high enough for private companies to cover their costs and earn a guaranteed profit for their investors. But in a deregulated market, prices should vary with demand and supply.

Alex Berenson

In the end, it is because the media are driven by the power and wealth of private individuals that they turn private lives into public spectacles. If every private life is now potentially public property, it is because private property has undermined public responsibility.

Terry Eagleton

The goal of a private company is, first, zero to one. Get past the product market fit, figure out whether people actually care about what you're trying to build and someone will pay you money for that. That's the zero to one problem. So scaling, one through N, is figuring out can you do that at scale and how big is the scale. And when people pay you more than what it costs for you to make it, does that equation end up leaving you with money left over, i.e. profits.

Chamath Palihapitiya

We hold that the ownership of private property is the right and privilege of every American citizen and is one of the foundation stones upon which this nation and its free enterprise system has been built and has prospered. We feel that private property rights and human rights are inseparable and indivisible. Only in those nations that guarantee the right of ownership of private property as basic and sacred under their law is there any recognition of human rights.

John Rarick

There is no such thing as agflation. Rising commodity prices, or increases in any prices, do not cause inflation. Inflation is what causes prices to rise. Of course, in market economies, prices for individual goods and services rise and fall based on changes in supply and demand, but it is only through inflation that prices rise in aggregate.

Peter Schiff

And the desire to own property, to take for ourselves things which in no way belong to us, does not stop short at the sun. The air is already bought and sold as a commodity, by health resorts. And what of water? Or waterpower? Why should the earth be parceled out into private hands? Is it any different from the sun? No; the earth belongs to the people who live on it. God intended it for them, but it has been taken over by private individuals. Privare means to steal. Thus private property is stolen property - property stolen from God and from humankind!

Eberhard Arnold

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.

Gaetano Salvemini

Private enterprise is ceasing to be free enterprise. Private enterprise, indeed, became too private. It became privileged enterprise, not free enterprise.

Franklin D. Roosevelt

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.

Joan Robinson

It is immoral to use private property in order to alleviate the horrible evils that result from the institutions of private property.

Oscar Wilde

Each photograph is read as the private appearance of its referent: the age of Photography corresponds precisely to the explosion of the private into the public, or rather into the creation of a new social value, which is the publicity of the private: the private is consumes as such, publicly.

Roland Barthes

We conventionally divide space into private and public realms, and we know these legal distinctions very well because we've become experts at protecting our private property and private space. But we're less attuned to the nuances of the public.

Elizabeth Diller

Respecters of private property are really obligated to oppose much that is done today in the name of private enterprise, for corporate organization and monopoly are the very means whereby property is casting aside its privacy.

Richard M. Weaver

Of the five House Calendars, the Private Calendar is the one to which all Private Bills are referred. Private Bills deal with specific individuals, corporations, institutions, and so forth, as distinguished from public bills which deal with classes only.

Howard Coble

A Quote by Henry Hazlitt

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