A Quote by Henry Hazlitt
Government relief tends constantly to get out of hand. And even when it is kept within reasonable bounds it tends to reduce the incentives to work and to save both of those who receive it and of those who are forced to pay it. It may be said, in fact, that practically every measure that governments take with the ostensible object of 'helping the poor' has the long-run effect of doing the opposite.
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Competition always tends to bring about the most economical and efficient method of production. Those who are most successful in this competition will acquire more capital to increase their production still further; those who are least successful will be forced out of the field. So capitalist production tends constantly to be drawn into the hands of the most efficient.
In a hierarchy every employee tends to rise to his level of incompetence ... in time every post tends to be occupied by an employee who is incompetent to carry out its duties ... Work is accomplished by those employees who have not yet reached their level of incompetence.
Naturally, men are prone to spin themselves a web of opinions out of their own brain, and to have a religion that may be called their own. They are far readier to make themselves a faith, than to receive that which God hath formed to their hands; are far readier to receive a doctrine that tends to their carnal commodity, or honor, or delight, than one that tends to self-denial.
No pains must be spared to wipe out all feeling of diffidence, embarrassment, or shame on the part of those receiving relief; [we] must be one great family of equals. The spiritual welfare of those on relief must receive especial care and be earnestly and prayerfully fostered. A system which gives relief for work or service will go far to reaching these ends.
A child is nothing like a racing car. . . . Souping up babies doesn't work that way. The child is what she is. There is a certainirreducible if elusive core. Pushing, pulling, stretching, and shrinking will not really change it. There may be spectacular interim results. The baby may say the alphabet before she walks, master two-times or even ten-times table at three. In the long run, however, this forced precocity tends to be irrelevant. . . . Whatever gains there are become unimportant. The losses can be irrevocable.
Gay and costly apparel directly tends to create and influence lust.... The fact is plain and undeniable, it has the effect both on the wearer and beholder. You kindle a flame, which, at the same time consumes both yourself and your admirers.
A man who keeps company with glaciers comes to feel tolerably insignificiant by and by. The Alps and the glaciers together are able to take every bit of conceit out of a man and reduce his self-importance to zero if he will only remain within the influence of their sublime presence long enough to give it a fair and reasonable chance to do its work.
The basis of our governments being the opinion of the people, the very first object should be to keep that right; and were it left to me to decide whether we should have a government without newspapers or newspapers without a government, I should not hesitate a moment to prefer the latter. But I should mean that every man should receive those papers and be capable of reading them.
The challenge here is to design a system where market incentives, including profits and recognition, drive those principles to do more for the poor. I like to call this idea creative capitalism, an approach where governments, businesses, and nonprofits work together to stretch the reach of market forces so that more people can make a profit, or gain recognition, doing work that eases the world's inequities.
To those out of work, it may seem unfair for someone to complain that they aren't happy with the type of work they are doing, but the more we like our jobs, the better we do them. In the long run, this doesn't just make us happy - it makes businesses more successful and increases employment even further.
One of the tax systems in the US is for wage earners. The government takes money from them out of each paycheck - so it knows how much they make, and those workers can't cheat to any significant degree. But the other tax system is for capital. Those with capital get to tell the government what they want to tell. They may get audited, but if their tax returns are of any size the government doesn't have enough of the smart auditors to figure out what's really going on. And there are the rules that allow you to do things like take in money today and pay taxes on it thirty years from now.
Military and absolutist regimes are undoubtedly well fitted to get the jump on an unsuspecting or unprepared enemy; but the history of modern warfare proves that they cannot win over representative governments in the long run, provided that people behind those governments have the heart to sustain initial punishment, and both the will and the resources to fight back.
To save the banks from making losses that would wipe out their net worth, you'll have to get rid of Social Security. It means that you'll essentially have to abolish government and turn it over to the banking system to run, with an idea that the role of governments is to extract income from the economy to pay to the bondholders and the banks.
What we [writers] do might be done in solitude and with great desperation, but it tends to produce exactly the opposite. It tends to produce community and in many people hope and joy.
Increased government spending can provide a temporary stimulus to demand and output but in the longer run higher levels of government spending crowd out private investment or require higher taxes that weaken growth by reducing incentives to save, invest, innovate, and work.
There is a single theme behind all our work-we must reduce population levels. Either governments do it our way, through nice clean methods, or they will get the kinds of mess that we have in El Salvador, or in Iran or in Beirut. Population is a political problem. Once population is out of control, it requires authoritarian government, even fascism, to reduce it.
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