Topics About 'Effort And Success'

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Image, The vital consideration of incentives is almost systematically overlooked in the proposals

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The vital consideration of incentives is almost systematically overlooked in the proposals of agitators for more and bigger government welfare schemes. We should all be concerned about the plight of the poor and unfortunate. But the hard two-part question that any plan for relieving poverty must answer is: How can we mitigate the penalties of failure and misfortune without undermining the incentives to effort and success.

Henry Hazlitt

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