Clear Quote by Louis O. Kelso

The truth seems . . . to be that in the ultimate and essential problem the economic factor is relatively superficial and unimportant.

— Frank Knight

It's a rule worth having in mind. Income almost always flows along the same axis as power but in the opposite direction.

— John Kenneth Galbraith

The system that enables the most people to earn the most success is free enterprise, by matching up people's skills, interests, and abilities. In…

— Arthur C. Brooks

Economics is not a discipline that comes to correct answers - economies are too complex.

— Adam Davidson

The one important distinction between the two factors of production is that in a free society, ownership of the human factor, labor, cannot be…

— Louis O. Kelso

Unequal distribution of income is an excessively uneconomic method of getting the necessary saving done.

— Joan Robinson

There are only two qualities in the world: efficiency and inefficiency; and only two sorts of people: the efficient and the inefficient.

— Josh Billings

The premise is simple: One economy and one environment, and they're interdependent.

— Dennis Weaver

We've become a culture where earning money doesn't entitle you to it, but wanting it does. That is the essence of redistribution.

— Ken Blackwell

The industrial economy which divides society absolutely into two portions, the payers of wages and the receivers of them, the first counted by thousands…

— John Stuart Mill

We cannot distribute more wealth than is created. We cannot in the long run pay labor as a whole more than it produces.

— Henry Hazlitt

There is, happily, a non-redistributive approach to address income inequality - one that doesn't rely upon government. It's to grow the pie. That is,…

— Andrew Yang