Arthur C. Brooks Quotes
The system that enables the most people to earn the most success is free enterprise, by matching up people's skills, interests, and abilities. In contrast, redistribution simply spreads money around. Even worse, it attenuates the ability to earn success by perverting economic incentives.
Brooks, Arthur C. The Battle: How the Fight between Free Enterprise and Big Government Will Shape America's Future. Basic Books, 2010.
[Most theoretical conservative economists believe this. When presented with the reality of market systems where great damage was done to people and areas, as in the Great Depression of 1929 and the Great Recession in 2008, they tend to argue that these were not really free markets—–that for various reasons, often they argue that government interference, corrupted the free market. Almost all economists would agree that if there were real highly competitive market his quote would be corrupt, but many have shown that the very greed that is produced by a free market tends to make the major players transform the market to reduce their risk and increase their power, thus producing monopoly, oligarchy, collusion, and anti-competitive practices. Greed is never harmless if it gets enough power.]
Arthur C. Brooks is an American social scientist, musician, and contributing opinion writer for The Washington Post. He was the president of the American Enterprise Institute, a conservative think tank, for a decade. As of July 2019, he joined the faculty of the Harvard Kennedy School and Harvard Business School. Brooks has researched the junctions between culture, economics, and politics. He is the author of 11 books, including two New York Times best sellers: The Road to Freedom: How to Win the Fight for Free Enterprise (2012) and The Conservative Heart: How to Build a Fairer, Happier, and More Prosperous America (Broadside Books, 2015). Politically, he is a center-right independent and a libertarian.
