All Posts Tagged With: "government lending"
Economics in One Lesson: An Appreciation
“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.” So writes Henry Hazlitt in chapter one of his classic, Economics in One Lesson. I [...]
1Nov2004 | David R. Henderson | 0 comments | ContinuedGovernment Lending
Persons tempted to seek government credit might be interested in this “other side” of the story of government lending activities. Government lending is not limited to the lending of money. The government’s guarantee, when it is held by private people, is no less a pledge of the public credit than is the government’s direct loan [...]
1Jul1956 | Henry Hazlitt | 0 comments | Continued-
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