Kenneth Arrow Quotes

In an ideal socialist economy, the reward for invention would be completely separated from any charge to the users of information. In a free enterprise economy, inventive activity is supported by using the invention to create property rights; precisely to the extent that it is successful, there is an underutilization of the information.
Kenneth Arrow
Kenneth Arrow

Quotes to Explore

Citatis.com uses cookies and complies with California Consumer Privacy Act.
By continuing to use the site you consent to our policies regarding cookies and personal data processing.