“When your money is taken by a thief, you get nothing in return. When your money is taken through taxes to support needless bureaucrats, precisely the same situation exists. We are lucky, indeed, if the needless bureaucrats are mere easy-going loafers. They are more likely today to be energetic reformers busily discouraging and disrupting production.”
So wrote the late Henry Hazlitt in his 1946 classic “Economics in One Lesson.”
How little things change.
Hazlitt was born on this date in 1894 in Philadelphia, Pennsylvania. Today, we honor his memory.
Hazlitt was first and foremost a journalist. From working as an editorial writer at The New York Times and as a columnist through the Los Angeles Times Syndicate, Hazlitt wrote extensively on American political, economic and financial affai

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