All Subsidy Measures, All Schemes To Redistribute Income Or To Force Peter To Support Paul, Are One-eyed As Well As Shortsighted. They Get Their Immediate Appeal By Focusing Attention On The Alleged Needs Of Some Particular Group Of Intended Beneficiaries. But The Inevitable Victims - Those Who Are Going To Be Asked To Pay For The New Handout In Increased Taxes (which Directly Or Indirectly Means Almost Everybody Else) - Are Left Out Of Account. Only One-half Of The Problem Has Been Seen. The Cost Of The Proposed Solution Has Been Overlooked.

-Henry Hazlitt

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All Subsidy Measures, All Schemes To Redistribute

Henry Hazlitt

All Subsidy Measures, All Schemes To Redistribute Income Or To Force Peter To Support Paul, Are One-eyed As Well As Shortsighted. They Get Their Immediate Appeal By Focusing Attention On The Alleged Needs Of Some Particular Group Of Intended Beneficiaries. But The Inevitable Victims - Those Who Are Going To Be Asked To Pay For The New Handout In Increased Taxes (which Directly Or Indirectly Means Almost Everybody Else) - Are Left Out Of Account. Only One-half Of The Problem Has Been Seen. The Cost Of The Proposed Solution Has Been Overlooked.

Topic

Mean

Support

Groups

Everything We Get, Outside Of The Free Gifts Of Nature, Must In Some Way Be Paid For. The World Is Full Of So- Called Economists Who In Turn Are Full Of Schemes For Getting Something For Nothing. They Tell Us That The Government Can Spend And Spend Without Taxing At All; That It Can Continue To Pile Up Debt Without Ever Paying It Off, Because "we Owe It To Ourselves."

Philosophy

Government

Free Gifts