..either immediately or ultimately every dollar of government spending must be raised through a dollar of taxation. Once we look at the matter. In this way, the supposed miracles of government spending will appear in another light.
About This Quote
About Henry Hazlitt
Henry Hazlitt was a 19th-century American journalist and writer. Henry Stuart Hazlitt was an American journalist, economist, and philosopher known for his advocacy of free markets and classical liberal principles. Over a career spanning more than seven decades, Hazlitt wrote extensively on business, economics, and public policy for prominent publications, including The Wall Street Journal, The Nation, The American Mercury, Newsweek, and The New York Times. Read more on Wikipedia →