Robert Higgs Quotes

Robert Higgs
Robert Higgs
American Economist
Born: Feb 1, 1944
Appreciation Government Pay People Presidents Wars
Related authors: Alan Greenspan Herbert A. Simon John Kenneth Galbraith Milton Friedman Paul A. Volcker Richard Thaler Robert Reich Thomas Sowell
Many anti-energy groups display little appreciation of the extent to which modern economies depend pervasively on the use of fossil fuels and petrochemical products. Robert Higgs
Appreciation Depend Economies Modern Which Little Fuels Use Products Fossil Many Fossil Fuels Display Groups Extent
Austria, Germany and the U.S. South did not disappear as a result of their currencies' ruin. Although many people suffered, most people found a way to survive, life went on, and economic activity eventually resumed after the adoption of a 'reformed' or foreign medium of exchange. Robert Higgs
Life People Result Medium Ruin Way Adoption Economic Economic Activity Resumed Exchange Disappear Most Although Foreign South Austria Germany Survive Reformed Did After To Survive Many Activity Found Suffered Eventually
If you have a private firm and you spend a ton of money to pay employees, but what you produce is a flop, there will be no value to GDP. But government spending all gets counted as contributing to economic growth. That's why in the early days of creating these measurements, some people didn't want to count government spending. Robert Higgs
Government You People Money Will Value Some People Employees Pay Spend Spending Some Economic Economic Growth Count Counted Firm Days Private Government Spending Contributing Gets Want Produce Creating Measurements Why Flop Growth Ton Early Early Days
Some doomsayers think the collapse will be triggered by runaway government spending, excessive taxation, oppressive regulation, food shortages, fuel shortages or natural disasters such as deadly pandemics or lethal changes in the world's climate. Robert Higgs
Government Food Natural World Will Natural Disasters Think Changes Spending Collapse Runaway Some Excessive Disasters Deadly Climate Oppressive Government Spending Shortages Fuel Taxation Regulation Lethal

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