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.”
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.
Channel self‑interest toward positive societal impact.
Themes
Mood
Type
When to use this quote
- business strategy
- public policy
- personal career planning
Key Concepts
Questions to Reflect On
- When does self‑interest become harmful?
- How can self‑expression improve markets?
It may understate altruism’s role in economies.