The demoralization that the debasement of the currency lef… - Henry Hazlitt

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The demoralization that the debasement of the currency left in its wake played a major role in bringing Adolf Hitler into power in 1933.

Henry Hazlitt

government freedom socialism economics liberty inflation taxation theft libertarian coercion austrian-school-of-economics statism voluntaryism

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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.

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Alternative Names: Henry Stuart Hazlitt

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

Additional quotes by Henry Hazlitt

Mere inflation-that is, the mere issuance of more money, with the consequence of higher wages and prices-may look like the creation of more demand. But in terms of the actual production and exchange of real things it is not.

A man who is good from docility, and not from stern self-control, has no character.

Effective economic demand requires not merely need but corresponding purchasing power.

The demoralization that the debase­ment of the currency left in its wake played a major role in bring­ing Adolf Hitler into power in 1933. - Henry Hazlitt

About Henry Hazlitt

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Additional quotes by Henry Hazlitt

The demoralization that the debasement of the currency left in its wake played a major role in bringing Adolf Hitler into power in 1933. - Henry Hazlitt