“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. But the economic education needed to reduce such ignorance must be based on austere, objective, scientific content—with no ideological or moral content of its own.”
Quote by Israel Kirzner
Author
Israel Kirzner
Israel Kirzner, born on February 13, 1930, is a renowned economist from Hungary. He is known for his research on market processes and entrepreneurship, which has had a profound impact on modern economics. more
You May Also Like
“It took me 20 years to learn I couldn't tune too well. And by that time I was too rich to care.”
“In Amsterdam, the river and canals have been central to city life for the last four centuries.”
“I believe that public space should be intentional: it should be obvious that you belong.”
“When ideas are young and vulnerable, criticism can be lethal.”
“I said I didn't want to run for president. I didn't ask you to believe me.”
“It is not easy writing someone a postcard. The size and shape of the card cut you down to size.”
Source: Collected Poems