Forced Vaccine, Like Forced Morality, Insults Reason
Robert Luddy gave a
lecture in sorely missed 2019 titled, “Henry Hazlitt’s Long-Term Economic Thinking: Foundation of Entrepreneurial Excellence.” Throughout his talk, it’s clear that Hazlitt has had a profound impact on Luddy – an entrepreneur who’s exhibited excellence for decades. How is it that Luddy personifies success? One possible explanation is that he ignores the temptation of short-term gains while focusing on attaining long-term goals. Hans-Hermann
Hoppe would likely describe Luddy as one with low time preference.
Writing about his talk, Luddy discusses how Hazlitt’s most famous
work –
Economics in One Lesson – sought to build upon Frederic Bastiat’s
essay, “What Is Seen and What Is Not Seen.” “Hazlitt goes one step further,” Luddy says, “summing up economics not simply as a series of transactions with hidden implications, but in terms of long-term effects outliving the short-term effects of every economic principle or policy.”
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