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Henry Hazlitt, an American philosopher and economist, challenged prevailing economic orthodoxy with his defense of free-market principles and classical liberal philosophy. His influential works, including "Economics in One Lesson," continue to inspire generations of economists and policymakers with their clarity and intellectual rigor.
"The ideas which now pass for brilliant innovations and advances are in fact mere revivals of ancient errors, and a further proof of the dictum that those who are ignorant of the past are condemned to repeat it."
"The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups."
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