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Quote by Jean-Baptiste Say

“The entrepreneur shifts economic resources out of an area of lower and into an area of higher productivity and greater yield.”

Quote by Jean-Baptiste Say

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Jean-Baptiste Say
Jean-Baptiste Say

Jean-Baptiste Say, an economist, was born on January 5, 1767, and died on November 15, 1832. He was one of the representative figures of the classical school of economics and is known for his profound understanding of the market economy and his advocacy for free economy. more

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“The strongest argument for free enterprise is that it prevents anybody from having too much power. Whether that person is a government official, a trade union official, or a business executive. If forces them to put up or shut up. They either have to deliver the goods, produce something that people are willing to pay for, are willing to buy, or else they have to go into a different business.”

PeopleIfsPersonsDifferentGovernmentForcePayToo MuchProduceWillingArgumentTradeUnionsOfficialsEnterpriseExecutivesGoodsStrongestShut UpFree EnterpriseTrade UnionsGovernment OfficialsToo Much Power
Author:Milton Friedman
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“Government power must be dispersed. If government is to exercise power, better in the county than in the state, better in the state than in Washington. If I do not like what my local community does, be it in sewage disposal, or zoning, or schools, I can move to another local community, and though few may take this step, the mere possibility acts as a check. If I do not like what Washington imposes, I have few alternatives in this world of jealous nations.”

IfsWorldMayDoeI CanStatesGovernmentSchoolMovingNationsCommunityStepsPossibilityThis WorldExerciseMereChecksLocalsAlternativesJealousCountyLocal CommunitySewage
Book:Capitalism and Freedom: Fortieth Anniversary Edition
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“A society that puts equality - in the sense of equality of outcome - ahead of freedom will end up with neither equality or freedom. The use of force to achieve equality will destroy freedom. On the other hand, a society that puts freedom first will, as a happy by-product, end up with both greater freedom and greater equality. Freedom means diversity but also mobility. It preserves the opportunity for today's less well off to become tomorrow's rich, and in the process, enables almost everyone, from top to bottom, to enjoy a richer and fuller life.”

FirstsWellsMeanEndsUseHandsTodayOpportunityForceProcessEnjoyRichGreaterAchieveProductsTomorrowDiversityBottomPreservesOutcomesMobilityUse Of Force
Author:Milton Friedman
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“If the government is to try and ban private consumption of alcohol and tobacco, it must surely ban such activities as hang-gliding, skiing, rock-climbing and so on. Where should it stop? Rugby? American Football? Ice Hockey? Insofar as the government has information not generally available about the merits or demerits of the items we ingest or the activities we engage in, let it give us the information. But let it leave us free to choose what chances we want to take with our own lives.”

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Author:Milton Friedman
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“Business corporations in general are not defenders of free enterprise. On the contrary, they are one of the chief sources of danger....Every businessman is in favor of freedom for everybody else, but when it comes to himself that's a different question. We have to have that tariff to protect us against competition from abroad. We have to have that special provision in the tax code. We have to have that subsidy.”

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Author:Milton Friedman
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