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George Reisman Quotes: Whoever claims that economic competition represents survival of the fittest in the sense of the law of the jungle, provides the clearest possible evidence of his lack of knowledge of economics.
         

Whoever claims that economic competition represents survival of the fittest in the sense of the law of the jungle, provides the clearest possible evidence of his lack of knowledge of economics.


George Reisman
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Under capitalism each individual engages in economic planning.

Under capitalism each individual engages in economic planning.



The slaves of socialism are slaves, but they are no one's property and therefore no one's loss.

The slaves of socialism are slaves, but they are no one's property and therefore no one's loss.



Under communism (socialism), there is no incentive to supply people with anything they need or want, including safety.

Under communism (socialism), there is no incentive to supply people with anything they need or want, including safety.



Liberty should be understood as freedom from the government, specifically, freedom from the initiation of physical force by the government.

Liberty should be understood as freedom from the government, specifically, freedom from the initiation of physical force by the government.



Whoever claims that economic competition represents 'survival of the fittest' in the sense of the law of the jungle, provides the clearest possible evidence of his lack of knowledge of economics.

Whoever claims that economic competition represents 'survival of the fittest' in the sense of the law of the jungle, provides the clearest possible evidence of his lack of knowledge of economics.





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Quote Description


This page presents the quote "Whoever claims that economic competition represents survival of the fittest in the sense of the law of the jungle, provides the clearest possible evidence of his lack of knowledge of economics.". Author of this quote is George Reisman. This quote is about economic, claims, jungle, survival of the fittest, lack of knowledge, competition, evidence, law, economics,.