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“The essential quality of a market system, contrary to popular thinking, is not that it promotes greed; but rather, that it renders greed harmless.”
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“The phenomenon of economic ignorance is so widespread, and its consequences so frightening, that the objective of reducing that ignorance becomes a goal invested with independent moral worth.”
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“It is impossible to draw a clear-cut boundary around the sphere or domain of human action to be included in economic science. Frank H. Knight”
― The Economic Point of View
― The Economic Point of View
