Greed and Capitalism

What kind of society isn't structured on greed? The problem of social organization is how to set up an arrangement under which greed will do the least harm; capitalism is that kind of a system.
- Milton Friedman

Wednesday, December 19, 2012

Ludwig von Mises Institute : The Austrian School Is Advancing Liberty

 

"We owe the origin and development of human society and, consequently, of culture and civilization, to the fact that work performed under the division of labor is more productive than when performed in isolation."

— Ludwig von Mises, in Epistemological Problems of Economics







Source:
Ludwig von Mises Institute : The Austrian School Is Advancing Liberty

http://mises.org/


 

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