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Absence Quote by Arthur Melvin Okun

“The market, if it can be kept honest and competitive,…” quote by Arthur Melvin Okun
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“The market, if it can be kept honest and competitive, does provide very strong incentives for work effort and productive contributions. In their absence, society would thrash about for alternative incentives-some unreliable, like altruism; some perilous like collective loyalty; some intolerable, like coercion or oppression.”

Arthur Melvin Okun

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