Henry Hazlitt Quotes About Poverty

Quotes about: Poverty

• The capitalist system has lifted mankind out of mass poverty. It is this system that in the last century, in the last generation, even in the last decade, has acceleratively been changing the face of the world, and has provided the masses of mankind with amenities that even kings did not possess or imagine a few generations ago.

  Henry Hazlitt

  Kings, Lasts, Poverty

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

• Contrary to age-old prejudices, the wealth of the rich is not the cause of the poverty of the poor, but helps to alleviate that poverty.

  Henry Hazlitt

  Age, Prejudice, Poverty

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

• 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

• Once the premise is accepted that poverty is never the fault of the poor but the fault of 'society,' or of 'the capitalist system, then there is no definable limit to be set on relief, and the politicians who want to be elected or reelected will compete with each other in proposing new 'welfare' programs to fill some hitherto 'unmet need.'

  Henry Hazlitt

  Welfare Programs, Relief, Needs

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

• Short-sighted and impatient efforts to wipe out poverty by severing the connection between effort and reward can only lead to the growth of a totalitarian state, and destroy the economic progress that this country has so dearly bought.

  Henry Hazlitt

  Country, Effort, Growth

  Henry Hazlitt (1971). “Man Vs. the Welfare State”, p.97, Ludwig von Mises Institute

• The mounting burden of taxation not only undermines individual incentives to increased work and earnings, but in a score of ways discourages capital accumulation and distorts, unbalances, and shrinks production.

  Henry Hazlitt

  Real, Balance, Taxation

  "The Wisdom of Henry Hazlitt".

• Relief, or redistribution of income, voluntary or coerced, is never the true solution of poverty, but at best a makeshift, which may mask the disease and mitigate the pain, but provides no basic cure.

  Henry Hazlitt

  Pain, Relief, Income

• Capitalism will continue to eliminate mass poverty in more and more places and to an increasingly marked extent if it is merely permitted to do so.

  Henry Hazlitt

  Poverty, Mass, Capitalism

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

• The vital consideration of incentives is almost systematically overlooked in the proposals of agitators for more and bigger government welfare schemes. We should all be concerned about the plight of the poor and unfortunate. But the hard two-part question that any plan for relieving poverty must answer is: How can we mitigate the penalties of failure and misfortune without undermining the incentives to effort and success.

  Henry Hazlitt

  Government Welfare, Two, Effort

  Henry Hazlitt (1971). “Man Vs. the Welfare State”, p.211, Ludwig von Mises Institute

• The only real cure for poverty is production.

  Henry Hazlitt

  Real, Poverty, Cures

  Henry Hazlitt (1971). “Man Vs. the Welfare State”, p.95, Ludwig von Mises Institute

• The real solution to the problem of poverty consists in finding how to increase the employment and earning power of the poor.

  Henry Hazlitt

  Real, Employment, Earning

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

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