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Robert H. Frank

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Famous Robert H. Frank Quotes

“Adam Smith's uncritically enthusiastic modern disciples portray his invisible hand theory as saying that market forces reliably harness selfish individuals to serve the common good. That's often true, but as Darwin recognized clearly, many traits that serve the interests of individual animals make life more difficult for larger groups.”

HandsIndividualForceDifficultInterestAnimalCommonGroupsModernTheorySelfishInvisibleAdamTraitsDiscipleEnthusiasticCommon GoodHarnessInvisible Hand
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“The primary source of waste in government is that legislators are often under heavy pressure to vote for projects that will benefit their campaign contributors, even when those projects fail a simple cost-benefit test. But with the Supreme Court showing little interest in permitting tighter rules on campaign contributions in recent years, there is little reason to be optimistic that we'll start curbing this kind of waste any time soon.”

YearsKindLittlesReasonGovernmentInterestSimpleFailingSourceCostWasteBenefitsProjectsTestsVotePressureCourtHeavyCampaignsSupremeOptimisticPrimariesContributionSupreme CourtLegislatorsBeing OptimisticContributorsPrimary SourceCampaign Contributions
Author:Robert H. Frank
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