Skip to content

There is no law of conservation which forces the growth of…

“There is no law of conservation which forces the growth of new centers of economic strength to be at the expense of existing centers.” quote by milton friedman
Download Open image
““There is no law of conservation which forces the growth of new centers of economic strength to be at the expense of existing centers.””

milton friedman

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Economic growth of new centers need not diminish existing ones.

In simple terms: New growth need not harm old.

Key Takeaway

Encourage inclusive economic policies.

Themes

economics growth competition

Mood

analytical optimistic

Type

theoretical policy

When to use this quote

  • regional development
  • industry innovation
  • government regulation
  • investment strategy

Key Concepts

economic theory public policy

Questions to Reflect On

  • How can policy ensure balanced growth?
  • What safeguards prevent displacement?
A Different Perspective

Assumes perfect market conditions which may not hold.

★ ★ ★ ★ ★ No ratings yet

More by milton friedman

Explore all 444 milton friedman quotes

More Conservation quotes

Browse all 579 Conservation quotes