8 Total Quotes

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.
George Reisman
#American Economist #Competition

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

The slaves of socialism are slaves, but they are no one's property and therefore no one's loss.
George Reisman
#American Economist

Under capitalism each individual engages in economic planning.
George Reisman
#American Economist #Capitalism

The truth is that economic competition is the very opposite of competition in the animal kingdom. It is not a competition in the grabbing off of scarce nature-given supplies, as it is in the animal kingdom. Rather, it is a competition in the positive creation of new and additional wealth.
George Reisman

Like the use of the word 'concupiscence' in an earlier age to describe sexual desire, the use of the word 'pollution' to describe essential aspects of the productive activities of an industrial society represents an attempt to defame an entirely proper human capacity by means of using an evil sounding name for it.
George Reisman
#Age And Aging