The First (lesson) Which We Meet Again And Again In History, Is That Once The Dole Or Similar Relief Programs Are Introduced, They Seem Almost Inevitably - Unless Surrounded By The Most Rigid Restrictions - To Get Out Of Hand. The Second Lesson Is That Once This Happens The Poor Become More Numerous And Worse Off Than They Were Before, Not Only Because They Have Lost Self-reliance, But Because The Sources Of Wealth And Production On Which They Depend For Either Doles Or Jobs Are Diminished Or Destroyed.

-Henry Hazlitt

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The First (lesson) Which We Meet Again

Henry Hazlitt

The First (lesson) Which We Meet Again And Again In History, Is That Once The Dole Or Similar Relief Programs Are Introduced, They Seem Almost Inevitably - Unless Surrounded By The Most Rigid Restrictions - To Get Out Of Hand. The Second Lesson Is That Once This Happens The Poor Become More Numerous And Worse Off Than They Were Before, Not Only Because They Have Lost Self-reliance, But Because The Sources Of Wealth And Production On Which They Depend For Either Doles Or Jobs Are Diminished Or Destroyed.

Topic

Jobs

Self

Hands

No Matter Whether It Is Their Intention Or Not, Almost Anything That The Rich Can Legally Do Tends To Help The Poor. The Spending Of The Rich Gives Employment To The Poor. But The Saving Of The Rich, And Their Investment Of These Savings In The Means Of Production, Gives Just As Much Employment, And In Addition Makes That Employment Constantly More Productive And More Highly Paid, While It Also Constantly Increases And Cheapens The Production Of Necessities And Amenities For The Masses.

Mean

Giving

Saving