A Quote by Henry Hazlitt
There are men regarded today as brilliant economists, who deprecate saving and recommend squandering on a national scale as the way of economic salvation; and when anyone points to what the consequences of these policies will be in the long run, they reply flippantly, as might the prodigal son of a warning father: 'In the long run we are all dead.' And such shallow wisecracks pass as devastating epigrams and the ripest wisdom.
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The economist John Maynard Keynes said that in the long run, we are all dead. If he were around today he might say that, in the long run, we are all on Social Security and Medicare.
This long run is a misleading guide to current affairs. In the long run we are all dead. Economists set themselves too easy, too useless a task if in tempestuous seasons they can only tell us that when the storm is long past the ocean is flat again.
Trees and clean energy [are] the long-run solution but we have no time to wait for the long run. We need a short-run solution now, and one that encourages and facilitates the transition to the long-run solution.
I don't think telling the truth ever gets anyone in trouble in the long run. Maybe the day after, but not in the long run.
Long run is a misleading guide to current affairs. In the long run we are all dead.
Most of the policies that support robust economic growth in the long run are outside the province of the central bank.
In the long run, Women's Liberation will of course free men-but in the short run it's going to COST men a lot of privilege, which no one gives up willingly or easily.
Financial capacity and political perspicacity are inversely correlated. Long-run salvation by men of business has never been highly regarded if it means disturbance of orderly life and convenience in the present. So inaction will be advocated in the present even though it means deep trouble in the future. Here, at least equally with Communism, lies the threat to Capitalism. It is what causes men who know that things are going quite wrong to say that things are fundamentally sound.
A technological advance of a major sort almost always is overestimated in the short run for its consequences - and underestimated in the long run.
It seems to me that the chief thing about a woman - who is much of a woman - is that in the long run she is not to be had... She is not to be caught by any of the catch-words, love, beauty, honor, duty, worth, work, salvation - none of them - not in the long run. In the long run she only says Am I satisfied, or is there some beastly dissatisfaction gnawing and gnawing inside me. And if there is some dissatisfaction, it is physical, at least as much as psychic, sex as much as soul.
As long as a journalist tells the truth, in conscience and fairness, it is not his job to worry about consequences. The truth is never as dangerous as a lie in the long run. I truly believe the truth sets men free.
The actions taken by central banks and other authorities to stabilize a panic in the short run can work against stability in the long run if investors and firms infer from those actions that they will never bear the full consequences of excessive risk-taking.
An idealist believes the short run doesn't count. A cynic believes the long run doesn't matter. A realist believes that what is done or left undone in the short run determines the long run.
I have always thought that the rapid economic development of South Africa would in the long run prove to be incompatible with the government's racial policies, and recent events have tended to confirm my opinion.
The surest way to identify those who won't succeed at weight loss is that they tend to say things like "My goal is to lose ten pounds." Weight targets often work in the short run. But if you need willpower to keep the weight off, you're doomed in the long run. The only way to succeed in the long run is by using a system that bypasses your need for willpower.
I want you to listen to what your conscience commands you to do and go on to carry it out to the best of your knowledge. Then you will live to see that in the long run- in the long run, I say! - success will follow you precisely because you had forgotten to think of it.
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