"Every man knows there are evils in this world which need setting right. Every man has pretty definite ideas as what t…"

"The "Austrian" economists, more consistently than those of any other school, have criticized nearly all forms of gove…"

"The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; …"

"It is often sadly remarked that the bad economists present their errors to the public better than the good economists…"

"Let us begin with the simplest illustration possible: let us, emulating Bastiat, choose a broken pane of glass.A youn…"

"So we have finished with the broken window. An elementary fallacy. Anybody, one would think, would be able to avoid i…"

"Though some of them would disdain to say that there are net benefits in small acts of destruction, they see almost en…"

"Among the most viable of all economic delusions is the belief that machines on net balance create unemployment. Destr…"

"Suppose a clothing manufacturer learns of a machine that will make men’s and women's overcoats for half as much labor…"

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