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" The more war destroys, the more it impoverishes, the greater is the postwar need. Indubitably. But need is not demand. Effective economic demand requires not merely need but corresponding purchasing power. "

Henry Hazlitt , Economics in One Lesson: The Shortest & Surest Way to Understand Basic Economics


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Henry Hazlitt quote : The more war destroys, the more it impoverishes, the greater is the postwar need. Indubitably. But need is not demand. Effective economic demand requires not merely need but corresponding purchasing power.