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Henry Calvert Simons Quotes

Economics is primarily useful, both to the student and to the political leader, as a prophylactic against popular fallacies.

Economics is primarily useful, both to the student and to the political leader, as a prophylactic against popular fallacies.

Henry Calvert Simons
Leader, Political, Students

Attempting mischievous and salutary irritation of his peers ... Keynes may only succeed in becoming an academic idol of our worst cranks and charlatans - not to mention the possibilities of the book as the economic bible of a fascist movement.

Henry Calvert Simons
Book, Irritation, Idols

Private property in the instruments of production is an institutional device both for dispersing power and for securing effective organization of production. The only simple property system is that of a slave society with a single slave owner - which, significantly, is the limiting case of despotism and of monopoly. Departure from such a system is a fair measure of human progress.

Henry Calvert Simons
Simple, Organization, Slave Owners
Henry Calvert Simons (1948). “Economic Policy for a Free Society”

The libertarian good society lies... in the maximum dispersion of property compatible with effective production or, as process, in progressive reconciliation of conflicts between equality and efficiency. Such process involves increasing dispersion both of wealth among persons and families and of proximate productional control among enterprises or firms.

Henry Calvert Simons
Wisdom, Lying, Politics
Henry Calvert Simons (1948). “Economic Policy for a Free Society”

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