Bigger Quote by Robert Heilbroner
“In the periods of crisis, the bigger firms absorb the smaller ones,and when the industrial monsters eventually go down, the wreckage is far greater than when the little enterprises buckle.”
About This Quote
Source Book: The Worldly Philosophers, 1979
During crises, large firms dominate, and their collapse causes greater damage than many small failures.
In simple terms: Big firms cause bigger fallout.
Key Takeaway
Beware of systemic risk in large corporations.
Themes
economics
crisis
systemic risk
Mood
analytical
cautious
Type
academic
economic
When to use this quote
- investment strategy
- regulatory policy
- risk assessment
Key Concepts
market concentration
financial stability
Questions to Reflect On
- What mechanisms can limit big‑firm failures?
- How can smaller firms stay resilient?
A Different Perspective
Large firms can also provide stability in downturns.
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