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The art of economics consists in looking not merely at the immediate hut 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—Henry Hazlitt

Showing posts with label Percy Greaves. Show all posts
Showing posts with label Percy Greaves. Show all posts
Monday, August 27, 2012

Quote of the Day: Keynesian Policies as Root of Inflationism

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What is happening instead is that workers are getting higher money wages, which are lower real wages because the value of the monetary un...
Friday, August 17, 2012

Quote of the Day: The Free Market is in Full Harmony with the Principles of Christianity

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I am a very staunch believer that free-market principles are in full harmony with Christian principles and that the free market is the on...
Friday, August 10, 2012

Quote of the Day: A Fair Exchange is an Unequal Exchange from which All Parties Expect To Gain

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Value is the significance a good has for the well-being of a human being or beings. The value of a good is determined by the importance a...
Friday, August 03, 2012

Quote of the Day: Freedom is Indivisible

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First, let me say that freedom is indivisible. You cannot lose a part of your freedom, the freedom of speech, the freedom to buy, the fre...
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