Competition Quote by Oliver Wendell Holmes, Jr
“Free competition is worth more to society than it costs.”
About This Quote
The claim argues that the societal benefits of free competition outweigh its costs, promoting economic efficiency and innovation.
In simple terms: Free competition benefits society more than it costs.
Key Takeaway
Support policies that encourage open markets.
Themes
economics
competition
societal good
efficiency
innovation
Mood
optimistic
analytical
Type
philosophical
economic
When to use this quote
- business regulation
- consumer choice
- entrepreneurship
- policy debates
Key Concepts
market theory
public welfare
cost‑benefit analysis
Questions to Reflect On
- How can we mitigate negative side effects of competition?
- What measures ensure competition remains fair?
A Different Perspective
Potential externalities and inequality may be overlooked.
