Economic Systems Quotes

“Any economic system that does not incentivize and cultivate growth, will leave the human species stuck at an infantile level of civilization development.”
― Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth, Business Essentials

“Of course there can be, and there plainly is, cooperation of many sorts that extends far beyond the range of self-referential altruism. It is the main function of any economic system to produce cooperation that is quite independent of affection or goodwill, and it is one function of political organizations to maintain conditions in which this is possible. But if we accept the centrality of self-love and confined generosity, we must, as a corollary, accept competition and some degree of conflict between individuals and between groups.”
― J.L. Mackie, Ethics: Inventing Right and Wrong

“An economics of systems only-an economics of markets but not of men-is fatally flawed.”
― George Gilder, Knowledge and Power: The Information Theory of Capitalism and How it is Revolutionizing our World