Tag Archive: Henry Hazlitt

Daily Video 1.28.15

How Unions Destroy Jobs!





Published on Jan 26, 2015

” Watch all 24 videos of this new series from PJTV now! http://goo.gl/c3WVrr

  Tune into PJTV’s Economics in One Lesson #8: Spread-The-Work Schemes, as Allen Barton, Yaron Brook and Terry Jones explain the teachings of Henry Hazlitt. Hear how unions destroy jobs through featherbedding, the practice of spreading the job of one person among many. While these schemes sound good, this union gimmick ultimately destroys both value and jobs. “












Daily Video 1.8.15

The Most Important Economic Principle You Need To Know – PJTV





Published on Jan 7, 2015

” Economist Henry Hazlitt could teach economics in one lesson, and even dared to reduce economics to a single sentence. What was that sentence? Hear more as PJTV’s Allen Barton, Yaron Brook, and Terry Jones summarize Hazlitt’s economics, and bring you Lesson #1: The Lesson Explained.

Watch all 24 videos in this new series from PJTV now! http://goo.gl/c3WVrr “












Daily Quote 2.7.13

Henry Hazlitt

“The whole gospel of Karl Marx can be summed up in a single sentence: Hate the man who is better off than you are. Never under any circumstances admit that his success may be due to his own efforts, to the productive contribution he has made to the whole community. Always attribute his success to the exploitation, the cheating, the more or less open robbery of others. Never under any circumstances admit that your own failure may be owing to your own weakness, or that the failure of anyone else may be due to his own defects – his laziness, incompetence, improvidence, or stupidity.”

13 Genius Quotes On Free Market Economics


” The free market economy has been taken for granted by the American people as the dynamic generator of the nation’s vast wealth. Our capitalistic economy is currently being “fundamentally transformed” into a central government-dominated system, threatening the vibrance that has made America the land of opportunity. The following ‘thirteen genius quotes’ display the moral underpinnings of the market economy and dispel some common misconceptions. “




Here is a Sample : Click the headline to read them all .


 ” “All other persons and groups in society (except for acknowledged and sporadic criminals such as thieves and bank robbers) obtain their income voluntarily: either by selling goods and services to the consuming public, or by voluntary gift (e.g., membership in a club or association, bequest, or inheritance). Only the State obtains its revenue by coercion, by threatening dire penalties should the income not be forthcoming. That coercion is known as ‘taxation,’ although in less regularized epochs it was often known as ‘tribute.’ Taxation is theft, purely and simply even though it is theft on a grand and colossal scale which no acknowledged criminals could hope to match.” — Murray Rothbard










 Because , you know , they’re greedy , unproductive pigs .



  ” From the Buffett Rule to France’s 75 percent tax on the wealthy, “soaking the rich” is all the rage once again. Henry Hazlitt, writing his Business Tides column for Newseek, challenged this perennial impulse in the following three articles from the postwar era. Note Hazlitt’s “Laffer curve” analysis, written when Arthur Laffer was in primary school. However, as Hazlitt makes plain, it was public welfare, and not government revenue, that he was really after in pushing for lowering taxes on the rich”



Cartoon by Chip Bok