George Reisman Quotes

Understanding capitalism is in some ways simple. At its best, capitalism rewards creators, makers and providers: the people and firms that create valuable things for others, like imaginative technologies and good food, cars and drugs.

Businesses always have competitors nipping at their heels. Historically, cities have not viewed themselves as subject to that same type of competition. But that's wrong.

I believe we live in a positive sum world and wealth isn't just taken or moved around; it's mostly created.

We're subject to the same forces of capitalism that have built the entire American economy. Strong returns induce more capital flow, which creates more competitors, and you have to evolve and get better, or you die.

The price which society pays for the law of competition, like the price it pays for cheap comforts and luxuries, is great; but the advantages of this law are also greater still than its cost- for it is to this law that we owe our wonderful material development, which brings improved conditions in its train.

Competition on the market aims at assigning to every individual that function in the social system in which he can render to all his fellow men the most valuable of the services he is able to perform.

The riches of successful entrepreneurs is not the cause of anybody's poverty; it is the consequence of the fact that the consumers are better supplied than they would have been in the absence of the entrepreneur's efforts.

Capitalism, by its nature, entails a constant process of motion, growth and progress.

The sharper the competition, the better it serves its social function to improve economic production.

I find it quite useful to think of a free-market economy - or partly free market economy - as sort of the equivalent of an ecosystem. Just as animals flourish in niches, people who specialize in some narrow niche can do very well.

Entrepreneurship, entrepreneurship, entrepreneurship. It drives everything: Job creation, poverty alleviation, innovation.

So I'm definitely in favour of stimulating the dynamic wealth creation sectors of the economy.

Venture capitalists certainly create value for themselves, but they also singularly create value for the rest of the world.

My own belief is that the way we grow the economy, create jobs, create wealth is in the private sector. The government doesn't do that.

My dream is for Malawi to be poverty-free, and I intend to eradicate poverty through economic growth and wealth creation.

We have to change our culture so you can create wealth from making things and don't just try to make money out of money.

The market is the creator of social wealth and the wellspring of self-sustaining economic development.

Companies that grow create wealth. This, in turn, allows people to have jobs that create more growth and more wealth. It's a virtuous cycle.

We have seen... that, although England is by far the richest nation of Europe, we have already outstripped her in the race after wealth, and we have only begun the development of our vast resources.

Capitalism without capital is just an ism.

You are the biggest part of the population in the state. You create its wealth.

In the economic competition, in the technological competition, we are competitors; we are not allies.

Free enterprise is the only way for substantial growth.

Roaming the world as a foreign correspondent for more than a decade, I was able to observe how a variety of vastly different nations organized themselves economically. The inescapable conclusion was that no politician anywhere on the planet has ever actually created a rupee's worth of prosperity.

Whoever claims that economic competition represents "survival of the fittest" in the sense of the law of the jungle, provides the clearest possible evidence of his lack of knowledge of economics…. The truth is that economic competition is the very opposite of competition in the animal kingdom. It is not a competition in the grabbing off of scarce nature-given supplies, as it is in the animal kingdom. Rather, it is a competition in the positive creation of new and additional wealth.