Adam Quote by Margaret Thatcher

Adam Smith saw the greed of modern capitalism for what it was - a form of destructive ambition that may have favorable effects on…

— Allen W. Wood

A few months ago people were talking about seeing the light at the end of the tunnel. Now the only hope is keeping the…

— Jeffrey Garten

“Economic growth and technological change are accompanied by what the great economist Joseph Schumpeter called creative destruction.”

— Daron Acemoğlu

In my book, 'The Big Three in Economics,' I found that the press has frequently and prematurely written the obituary of Adam Smith and…

— Mark Skousen

At the heart of capitalism is creative destruction.

— Joseph A. Schumpeter

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

Never was it [Capitalism] imposed on life as a system, or at all. It grew out of life, not all at once but gradually,…

— Garet Garrett

“Economic growth and technological change are accompanied by what the great economist Joseph Schumpeter called creative destruction. They replace the old with the new.…

— Daron Acemoğlu

“If you actually read The Wealth of Nations, you’d know that’s what capitalism is all about. Competition on a level playing field. Not one…

— Irving Belateche

The first and probably most fundamental aspect of this crisis is that we are now close to the commodification of everything. That is, historical…

— Immanuel Wallerstein

Economists must leave to Adam Smith alone the glory of the Quarto, must pluck the day, fling pamphlets into the wind, write always sub…

— John Maynard Keynes

Capitalism involves struggle, but it has an invisible heart beating at its core that transforms people's lives.

— Anonymous