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Henry Hazlitt Quotes about Effort

All Henry Hazlitt Quotes Capitalism Competition Economics Economy Effort quotes Giving Gold Growth Inflation Justice Liberty Loss Philosophy Poverty Running Taxes Today Welfare
The vital consideration of incentives is almost systematically overlooked in the proposals of agitators for more and bigger government welfare schemes. We should all be concerned about the plight of the poor and

The vital consideration of incentives is almost systematically overlooked in the proposals of agitators for more and bigger government welfare schemes. We should all be concerned about the plight of the poor and unfortunate. But the hard two-part question that any plan for relieving poverty must answer is: How can we mitigate the penalties of failure and misfortune without undermining the incentives to effort and success.

Henry Hazlitt
Government Welfare, Two, Effort
Henry Hazlitt (1971). “Man Vs. the Welfare State”, p.211, Ludwig von Mises Institute

Short-sighted and impatient efforts to wipe out poverty by severing the connection between effort and reward can only lead to the growth of a totalitarian state, and destroy the economic progress that this country has so dearly bought.

Henry Hazlitt
Country, Effort, Growth
Henry Hazlitt (1971). “Man Vs. the Welfare State”, p.97, Ludwig von Mises Institute

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