A Capitalist Manifesto Quotes

“In a market economy people act to improve their well-being, not necessarily their wealth or number of possessions.”
― Gary Wolfram, A Capitalist Manifesto

“This is because we will always pay less for a mere chance than for the object itself.3 In either case, free market exchange allows everyone the opportunity to improve his or her position.”
― Gary Wolfram, A Capitalist Manifesto

“This illustrates that in the market process, exchange will occur whenever two people value a good differently and when both will benefit from the exchange.”
― Gary Wolfram, A Capitalist Manifesto

“Nonetheless, some may be bothered by the fact that the wealthier students have a better chance of remaining on the bus.”
― Gary Wolfram, A Capitalist Manifesto

“But it may be that some students would be willing to loan their money only if compensated by receiving interest,”
― Gary Wolfram, A Capitalist Manifesto

“One solution is an impromptu capital market where people can borrow from each other. Some students will give up some of their current purchasing power in order to receive the money at a later date. Being friends, and supposing that they will all be back at their dorms later to settle their accounts, the students might simply loan the money to one another at no cost.”
― Gary Wolfram, A Capitalist Manifesto

“Let’s suppose for now that the money is divided among the ten students who did not ride the bus. This would compensate them for their misfortune and might seem like the right thing to do. Another obvious question: What does one do about those students who forgot to bring their money?”
― Gary Wolfram, A Capitalist Manifesto

“and students can express their intensity of preference by the amount they are willing to pay to get back on the bus.”
― Gary Wolfram, A Capitalist Manifesto

“A solution that came immediately to my colleague and me was to have everyone exit the bus and then buy their way back on.”
― Gary Wolfram, A Capitalist Manifesto

“In other words, the good economist can imagine the unintended consequences of a policy action. The goal of this book is to make you a good economist.”
― Gary Wolfram, A Capitalist Manifesto

“Frédéric Bastiat noted, it is not possible to develop a science of politics without understanding how the economic system works. Nobel laureate Friedrich Hayek refined this idea by offering that if people do not understand and believe in market capitalism, they will ask their government to undertake actions that in the end will make us less wealthy and free. This”
― Gary Wolfram, A Capitalist Manifesto

“Societies that do not have market economies have been forced to concede that only free markets are capable of producing on a scale that affords even the poorest person a standard of living well above what would have been unthinkable just a few hundred years ago.”
― Gary Wolfram, A Capitalist Manifesto

“We do not take the time to consider that millions of people will awake in our largest cities tomorrow and there will be the right amount of coffee, dental floss, toilet paper, and an astonishing array of other goods and services sold during the day. Yet if we do stop to think about it, it is a miracle.”
― Gary Wolfram, A Capitalist Manifesto

“Each day we go about our business in complete confidence that the rest of society will provide for our basic needs. Typically, we do not stop to wonder how food gets to our table, clothes into our closet, or how our”
― Gary Wolfram, A Capitalist Manifesto

“One becomes wealthy in a market system by pleasing others, and the more individuals you please the wealthier you become.”
― Gary Wolfram, A Capitalist Manifesto

“Voluntary exchange ensures that only businesses that provide what consumers want at the right price will survive, fostering continuous innovation.”
― Gary Wolfram, A Capitalist Manifesto

“is rather a system of voluntary exchange based on private property rights, limited government, and individual freedom.”
― Gary Wolfram, A Capitalist Manifesto

“Capitalism is not a collusion between big business and big government to advance the interests of stockholders and management at the expense of workers”
― Gary Wolfram, A Capitalist Manifesto

“West gradually developed the economic system of market capitalism and a compatible political system.”
― Gary Wolfram, A Capitalist Manifesto

“Yet Wyatt Earp, who is an adult when he participates in the gunfight at the OK Corral, sees the movement from four-wheeled carts to the Model T.”
― Gary Wolfram, A Capitalist Manifesto

“rural India live like refugees is not that they don’t work as hard as we do, or are not as smart as we are, but that they live in an economic system that doesn’t allow them to be productive. The basis of our economic prosperity is market capitalism, individual liberty and responsibility, and limited government.”
― Gary Wolfram, A Capitalist Manifesto

“They appear to think that the cell phones they use, food they eat, hotels and tents they stay in, their sleeping bags and clothes, the cars they drive and the fuel that powers them and all the goods and services they consume every day would exist under a different system, perhaps in more abundance.”
― Gary Wolfram, A Capitalist Manifesto

“fall of 2011 with the Occupy Wall Street protest. Interviews with these anticapitalism protesters reminded me of a scene in the 1979 Monty Python film Life of Brian”
― Gary Wolfram, A Capitalist Manifesto

“characteristics distinguishing human behavior from that of all other animals; we alone have developed the ability to satisfy our needs and wants through the peaceful exchange of value for”
― Gary Wolfram, A Capitalist Manifesto

“Those earning a greater share of the bounty would exchange some of their perishable surplus for a straighter spear or warmer clothing”
― Gary Wolfram, A Capitalist Manifesto

“Even at this primitive stage, other members of the clan would have specialized in the making of tools or the tanning of hides, activities”
― Gary Wolfram, A Capitalist Manifesto

“Imagine the dawn of man, clans of hunter-gatherers following the”
― Gary Wolfram, A Capitalist Manifesto