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Quotation from Economics in One Lesson by Henry Hazlitt
“Today is already the tomorrow which the bad economist yesterday urged us to ignore.”
Economics in One Lesson, Part One, Chapter 1 (The Lesson) (Harper & Brothers, 1946; same wording in the 1979 edition)
Hazlitt answers the claim that long-run effects can be ignored, arguing that the present is shaped by the long-run consequences of earlier policies.
Citation: "Today is already the tomorrow which the bad economist yesterday urged us to ignore." — Henry Hazlitt, Economics in One Lesson, Part One, Chapter 1 (The Lesson) (Harper & Brothers, 1946; same wording in the 1979 edition). (id hazlitt-economics-in-one-lesson-q2)
