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The Only Real Cure For Poverty Is Production.
-Henry Hazlitt
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The Only Real Cure For Poverty Is
Henry Hazlitt
The Only Real Cure For Poverty Is Production.
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Real
Poverty
Cures
More From Henry Hazlitt
There Are Millions Receiving Government Payments Who Have Come To Consider Them As An Earned Right, Who Of Course Find Them Inadequate, And Who Are Outraged At The Slightest Suggestion Of A Critical Re-examination Of The Subject. The Political Pressure For Constant Extension And Increase Of These Benefits Is Almost Irresistible.
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Capitalism Will Continue To Eliminate Mass Poverty In More And More Places And To An Increasingly Marked Extent If It Is Merely Permitted To Do So.
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Government Can't Give Us Anything Without Depriving Us Of Something Else.
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Government-to-government Foreign Aid Promotes Statism, Centralized Planning, Socialism, Dependence, Pauperization, Inefficiency, And Waste. It Prolongs The Poverty It Is Designed To Cure. Voluntary Private Investment In Private Enterprise, On The Other Hand, Promotes Capitalism, Production, Independence, And Self-reliance.
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Competition Always Tends To Bring About The Most Economical And Efficient Method Of Production. Those Who Are Most Successful In This Competition Will Acquire More Capital To Increase Their Production Still Further; Those Who Are Least Successful Will Be Forced Out Of The Field. So Capitalist Production Tends Constantly To Be Drawn Into The Hands Of The Most Efficient.
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