Henry Hazlitt Quote
Economics is haunted by more fallacies than any other study known to man. This is no accident. The inherent difficulties of the subject would be great enough in any case, but they are multiplied a thousandfold by a factor that is insignificant in, say, physics, mathematics or medicine - the special pleading of selfish interests.
Henry Hazlitt
Economics is haunted by more fallacies than any other study known to man. This is no accident. The inherent difficulties of the subject would be great enough in any case, but they are multiplied a thousandfold by a factor that is insignificant in, say, physics, mathematics or medicine - the special pleading of selfish interests.
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About Henry Hazlitt
Henry Stuart Hazlitt (; November 28, 1894 – July 9, 1993) was an American journalist, economist, and philosopher known for his advocacy of free markets and classical liberal principles. Over a career spanning more than seven decades, Hazlitt wrote extensively on business, economics, and public policy for prominent publications, including The Wall Street Journal, The Nation, The American Mercury, Newsweek, and The New York Times. He is best known for his 1946 book, Economics in One Lesson, a work grounded in the Austrian school of economics and the importance of individual liberty in economic decision-making.
Hazlitt was a strong proponent of sound monetary policy and a vocal critic of inflationary practices and government intervention in markets. As a defender of free enterprise, he drew on the ideas of economists such as Ludwig von Mises and Friedrich Hayek, helping popularize their theories for a general audience. Beyond economics, Hazlitt contributed to debates on philosophy and ethics, advocating for the moral underpinnings of a free society. He also served as an editorial board member of the libertarian journal The Freeman and was a founding member of the Foundation for Economic Education (FEE), one of the oldest free-market think tanks in the United States.
Throughout his life, Hazlitt's writing and commentary significantly influenced public understanding of economic policy, and his works continue to inspire advocates of liberty and limited government around the world.
Hazlitt was a strong proponent of sound monetary policy and a vocal critic of inflationary practices and government intervention in markets. As a defender of free enterprise, he drew on the ideas of economists such as Ludwig von Mises and Friedrich Hayek, helping popularize their theories for a general audience. Beyond economics, Hazlitt contributed to debates on philosophy and ethics, advocating for the moral underpinnings of a free society. He also served as an editorial board member of the libertarian journal The Freeman and was a founding member of the Foundation for Economic Education (FEE), one of the oldest free-market think tanks in the United States.
Throughout his life, Hazlitt's writing and commentary significantly influenced public understanding of economic policy, and his works continue to inspire advocates of liberty and limited government around the world.