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In brief, on net balance, machines, technological improvements, economies and efficiency do not throw men out of work.

— Henry Hazlitt Economics in One Lesson (1946)

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More quotes by Henry Hazlitt

Every man knows there are evils in this world which need setting right. Every man has pretty definite ideas as what these evils are. But to most men one in particular stands out vividly. To some, in fact, this stands out with such startling vividness that they lose sight of other evils, or look upon them as the natural consequence of their own particular evil-in-chief.

Thinking As A Science (1916)

The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups.

Economics in One Lesson (1946)

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