Henry Hazlitt Quotes About Aids

Quotes about: Aids

• Government-to-government foreign aid promotes statism, centralized planning, socialism, dependence, pauperization, inefficiency, and waste. It prolongs the poverty it is designed to cure. Voluntary private investment in private enterprise, on the other hand, promotes capitalism, production, independence, and self-reliance.

  Henry Hazlitt

  Government, Self, Hands

  Henry Hazlitt, Hans F. Sennholz (1993). “The Wisdom of Henry Hazlitt”, Foundation for Economic Education

• There is a profound contrast between the effects of foreign aid and of voluntary private investment: foreign aid goes from government to government. It is therefore almost inevitably statist and socialistic.

  Henry Hazlitt

  Government, Profound, Investment

  Henry Hazlitt (1996). “The Conquest of Poverty”

• Government-to-government aid rests on socialistic assumptions and promotes socialism and stagnation, whereas private foreign investment rest on capitalist assumptions and promotes private enterprise and maximum economic growth.

  Henry Hazlitt

  Government, Growth, Assumption

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