Henry Wallich Quotes

• Growth is a substitute for equality of income. So long as there is growth there is hope, and that makes large income differentials tolerable.

  Henry Wallich

  Long, Growth, Income

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• Freedom is like health, it is taken for granted while one has it. One becomes aware of it when it has gone.

  Henry Wallich

  Taken, Taken For Granted, Gone

  Henry Christopher Wallich (1960). “The Cost of Freedom: Conservatism and Modern Capitalism”

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• Every principle that wants to command strong allegiance must make a moral case. Men want to feel that what they are doing is useful, but they want also, and mainly, to feel that it is right. Freedom is one of these principles

  Henry Wallich

  Strong, Men, Principles

  Henry Christopher Wallich (1960). “The Cost of Freedom: Conservatism and Modern Capitalism”

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• Profits are part of the mechanism by which society decides what it wants to see produced.

  Henry Wallich

  Business, Want, Profit

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• Power is the great enemy of freedom

  Henry Wallich

  Enemy

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