Henry Hazlitt

The most obvious and yet the oldest and most stubborn error on which the appeal of inflation rests is that of confusing �money’ with �wealth’…Real wealth, of course, consists in what is produced and consumed: the food we eat, the clothes we wear, the houses we live in. It is railways and roads and motor cars; ships and planes and factories; schools and churches and theaters; pianos, paintings and books. Yet so powerful is the verbal ambiguity that confuses money with wealth, that even those who at times recog /obvious/ Henry Hazlitt quotes

Quotes of the month

Dina Rubina God forbid knowing all the details of our lives. [09/03/2020 01:09:55] More


Robert Escarpit Faith in God is the most convenient and reliable. [09/01/2020 02:09:48] More


Dina Rubina An addiction to sorting things out is one of the grave vices of the Russian intelligentsia. [09/03/2020 01:09:35] More


Vladimir Mirzoev In a man, gentleness is also important. [09/03/2020 12:09:29] More


Ann Coulter As the leader of twelve apostles, even Jesus had more executive experience than Obama. [08/31/2020 12:08:38] More