Capitalism Quote by Irving Kristol

Those who see Smith as a defender of capitalism - as it existed in Marx's day, or as it exists today - show above…

— Allen W. Wood

Powerful government tends to draw into it people with bloated egos, people who think they know more than everyone else and have little hesitance…

— Walter E. Williams

There is no figure who had more of an influence, no person had more of an influence on the intellectuals behind the Iron Curtain…

— Milton Friedman

Friedrich Hayek, who died on March 23, 1992 at age 92, was arguably the greatest social scientist of the twentieth century. By the time…

— Julian Simon

“Central planning inevitably leads to economic chaos and failure. Friedrich Hayek called the delusion that a single person or a group of government planners…

— Ziad K. Abdelnour

The government can always rescue the markets or interfere with contract law whenever it deems convenient with little or no apparent cost. (Investors believe…

— Seth Klarman

[Friedrich] Hayek is not protesting that things like child labor and stuff are good. He's just trying to show that when government undertakes to…

— P. J. O'Rourke

In fact, a large part of what we think of as economic activity is designed to accomplish what high transaction costs would otherwise prevent…

— Ronald Coase

Friedrich Hayek made the point that one of the keystones of socialism is the denial of individual responsibility. Thus, the crusade for socialism always…

— Thomas DiLorenzo

But Friedman seemed to share Friedrich Hayek's extreme and inaccurate view that socialism of the sort that Britain embraced under the old Labour Party…

— Richard Posner

Even those who identify themselves as libertarians follow an overtly anti-rationalist philosophy, as even a brief acquaintance with the work of Friedrich Hayek should…

— Philip E. Agre

Friedrich Hayek .. seems to have been the first to postulate what is the core of this paper, namely, the idea of memory and…

— Joaquin Fuster