The orthodox doctrines of economics which were dominant in the last quarter of the nineteenth century had a clear message. They supported laisser faire, free trade, the gold standard, and the universally advantageous effects of the pursuit of profit by competitive private enterprise.
Joan RobinsonRelated topics
century clear dominant economics enterprise free gold last message nineteenth orthodox private profit pursuit quarter standard trade faire effectsRelated quotes
The difficulty of exercising "social responsibility” illustrates, of course, the great virtue of private competitive enterprise - it forces people to be responsible for their own actions and makes it difficult for them to "exploit” other people for either selfish or unselfish purposes. They can do good-but only at their own expense.
Milton Friedman
The effects of mescalin or LSD can be, in some respects, far more satisfying than those of alcohol. To begin with, they last longer; they also leave behind no hangover, and leave the mental faculties clear and unimpaired. They stimulate the faculties and produce the ideal ground for a peak experience.
Colin Wilson
