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Admirable Quote by Felix Frankfurter

“The dynamo of our economic system is self-interest which may range from mere petty greed to admirable types of self-expression.” quote by Felix Frankfurter
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“The dynamo of our economic system is self-interest which may range from mere petty greed to admirable types of self-expression.”

Felix Frankfurter

About This Quote

Source Essay: “The Economic System” by Felix Frankfurter, 1935

Self‑interest drives economic activity, ranging from selfish greed to constructive self‑expression that benefits society.

In simple terms: Self‑interest can be both harmful and beneficial.

Key Takeaway

Channel self‑interest toward positive societal impact.

Themes

economics ethics motivation human nature

Mood

analytical critical

Type

economic philosophical

When to use this quote

  • business strategy
  • public policy
  • personal career planning

Key Concepts

self‑interest market dynamics social responsibility

Questions to Reflect On

  • When does self‑interest become harmful?
  • How can self‑expression improve markets?
A Different Perspective

It may understate altruism’s role in economies.

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