"I think on the efficiency level, not only the distribution level, capitalism is a flawed system. It probably has the same virtues as Churchill attributed to democracy: It's the worst system except for any other. And I think that's right, but it cannot be thought that some unmitigated belief in free markets is a cure even from the efficiency point of view."

--

Source : Source: www.minneapolisfed.org

Kenneth Arrow

#Thinking Quotes #Views Quotes #Democracy Quotes

“Those who in quarrels interpose, must often wipe a bloody nose.”
“Death was not to be a leap: it was to be a long descent under thickening shadows.”
“I'm a staunch civil libertarian; I really believe that the individual is more important than any societal value.”
“Citizens, did you want a revolution without revolution?”

Source : Maximilien Robespierre (2007). “Virtue and Terror”, New Left Books
“Beauty is everywhere a welcome guest.”
“Where I grew up, acting wasn't really accessible. I was just playing sports. But, I did watch a lot of TV. I watched a lot of Clint Eastwood movies on TV and had this fantasy of being like him when I grew up.”

Source : Source: collider.com
“We took away your art because we thought it would reveal your souls. Or to put it more finely, we did it to prove you had souls at all.”
“Going to a concert is so overwhelming and the energy is amazing.”

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