The Bad Economist Sees Only What Immediately Strikes The Eye; The Good Economist Also Looks Beyond. The Bad Economist Sees Only The Direct Consequences Of A Proposed Course; The Good Economist Looks Also At The Longer And Indirect Consequences. The Bad Economists Sees Only What The Effect Of A Given Policy Has Been Or Will Be On One Particular Group; The Good Economist Inquires Also What The Effect Of The Policy Will Be On All Groups

-Henry Hazlitt

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The Bad Economist Sees Only What Immediately

Henry Hazlitt

The Bad Economist Sees Only What Immediately Strikes The Eye; The Good Economist Also Looks Beyond. The Bad Economist Sees Only The Direct Consequences Of A Proposed Course; The Good Economist Looks Also At The Longer And Indirect Consequences. The Bad Economists Sees Only What The Effect Of A Given Policy Has Been Or Will Be On One Particular Group; The Good Economist Inquires Also What The Effect Of The Policy Will Be On All Groups

Topic

Eye

Groups

Looks

Once The Idea Is Accepted That Money Is Something Whose Supply Is Determined Simply By The Printing Press, It Becomes Impossible For The Politicians In Power To Resist The Constant Demands For Further Inflation.

Ideas

Demand

Determined