Who subsidizes the consumers will depend upon the incidence… - Henry Hazlitt

" "
Who subsidizes the consumers will depend upon the incidence of taxation. But men in their role of taxpayers will be subsidizing themselves in their role of consumers. It becomes a little difficult to trace in this maze precisely who is subsidizing whom. What is forgotten is that subsidies are paid for by someone, and that no method has been discovered by which the community gets something for nothing.

Henry Hazlitt

This quote has a book source. Sign up to see titles and page references

English

Collect this quote

About Henry Hazlitt

Henry Stuart Hazlitt (November 28, 1894 – July 9, 1993) was an American journalist who wrote about business and economics for such publications as The Wall Street Journal, The Nation, The American Mercury, Newsweek, and The New York Times.

Biography information from Wikiquote

Also Known As

Alternative Names: Henry Stuart Hazlitt

All quotes from Henry Hazlitt Similar Quotes by other Originators

Originators like Henry Hazlitt:

John Maynard Keynes Milton Friedman Friedrich Hayek John Kenneth Galbraith Jean-Baptiste Say

Additional quotes by Henry Hazlitt

The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups.

Real wealth, of course, consists in what is produced and consumed: the food we eat, the clothes we wear, the houses we live in.

private loans will utilize existing resources and capital far better than government loans. Government loans will waste far more capital and resources than private loans. Government loans, in short, as compared with private loans, will reduce production, not increase it.

Who subsidizes the consumers will depend upon the incidence of taxation. But men in their role of taxpayers will be subsidizing themselves in their r… - Henry Hazlitt

About Henry Hazlitt

Also Known As

Additional quotes by Henry Hazlitt