Quotes by Israel M. Kirzner

Author Israel M. Kirzner
Quote
The essential quality of a market system, contrary to popular thinking, is not that it promotes greed; but rather, that it renders greed harmless.
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#self-knowledge #psychology #philosophy #markets #liberty #libertarian #laissez-faire #voluntaryism #knowledge #freedom #free-market #free #economics #austrian-school-of-economics #ancap #anarchy #wisdom
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The essential quality of a market system, contrary to popular thinking, is not that it promotes greed; but rather, that it renders greed harmless.

-Israel M. Kirzner

Author Israel M. Kirzner
Quote
The phenomenon of economic ignorance is so widespread, and its consequences so frightening, that the objective of reducing that ignorance becomes a goal invested with independent moral worth.
Tags
#anarchy #ancap #austrian-economics #austrian-school-of-economics #capitalism #freedom #libertarian #liberty #statism #voluntaryism
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The phenomenon of economic ignorance is so widespread, and its consequences so frightening, that the objective of reducing that ignorance becomes a goal invested with independent moral worth.

-Israel M. Kirzner

Author Israel M. Kirzner
Quote
It is impossible to draw a clear-cut boundary around the sphere or domain of human action to be included in economic science. Frank H. Knight.
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It is impossible to draw a clear-cut boundary around the sphere or domain of human action to be included in economic science. Frank H. Knight.

-Israel M. Kirzner