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There are men regarded today as brilliant economists, who deprecate saving and recommend squandering on a national scale as the way of economic salvation; and when anyone points to what the consequences of these policies will be in the long run, they reply flippantly, as might the prodigal son of a warning father: "In the long run we are all dead." And such shallow wisecracks pass as devastating epigrams and the ripest wisdom.


Henry Hazlitt


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Henry Stuart Hazlitt (November 28 1894 – July 9 1993) was an American economist philosopher literary critic and journalist for such publications as The Wall Street Journal The Nation The American Mercury Newsweek and The New York Times and he has been recognized as a leading interpreter of economic issues from the perspective of American conservatism and libertarianism.

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