Phrase by 'George Reisman'
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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.
Author: George Reisman - American EconomistKnowledge , Competition , Law , Economics
The slaves of socialism are slaves, but they are no one's property and therefore no one's loss.
Author: George Reisman - American EconomistSocialism , Loss , Slaves , Property
Under capitalism each individual engages in economic planning.
Author: George Reisman - American EconomistCapitalism , Finance , Planning , Economic
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