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

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

- Henry Wallich

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 al…

- Henry Wallich

Power is the great enemy of freedom

- Henry Wallich

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

- Henry Wallich