Karl Marx (1818–1883) German philosopher, economist, sociologist, journalist and revolutionary socialist
Grundrisse (1857-1858)
Source: Notebook IV, The Chapter on Capital, p. 308.
"Citadel Boss Won't Be Hedging On Day Job," Chicago Tribune (March 2006) http://www.healthdecisions.org/StopLossReinsurance/News/default.aspx?doc_id=58379 <br class="br">On competition among hedge funds.
Karl Marx (1818–1883) German philosopher, economist, sociologist, journalist and revolutionary socialist
Grundrisse (1857-1858)
Source: Notebook IV, The Chapter on Capital, p. 308.
Milton Friedman (1912–2006) American economist, statistician, and writer
Interview with Parker in Randall E. Parker(ed.), Reflection on the Great Depression (2002)
Woodrow Wilson (1856–1924) American politician, 28th president of the United States (in office from 1913 to 1921)
Section I: “The Old Order Changeth”, p. 15 http://books.google.com/books?id=MW8SAAAAIAAJ&pg=PA15&dq=%22American+industry+is+not+free%22 <br class="br">1910s, The New Freedom (1913) <br class="br">Context: American industry is not free, as once it was free; American enterprise is not free; the man with only a little capital is finding it harder to get into the field, more and more impossible to compete with the big fellow. Why? Because the laws of this country do not prevent the strong from crushing the weak. That is the reason, and because the strong have crushed the weak the strong dominate the industry and the economic life of this country. No man can deny that the lines of endeavor have more and more narrowed and stiffened; no man who knows anything about the development of industry in this country can have failed to observe that the larger kinds of credit are more and more difficult to obtain, unless you obtain them upon the terms of uniting your efforts with those who already control the industries of the country; and nobody can fail to observe that any man who tries to set himself up in competition with any process of manufacture which has been taken under the control of large combinations of capital will presently find himself either squeezed out or obliged to sell and allow himself to be absorbed.
Mattin (1977) Spanish musician
Interview (May 2007)
Warren Buffett (1930) American business magnate, investor, and philanthropist
1985 Chairman's Letter http://www.berkshirehathaway.com/letters/1985.html <br class="br">Letters to Shareholders (1957 - 2012)
“It’s possible that having a strong competitor would encourage us to compete better.”
Ren Zhengfei (1944) Chinese businessman
Interview with CNBC (October 4, 2019)
Thomas Piketty book Capital in the Twenty-First Century
Source: Capital in the Twenty-First Century (2013), p. 52.
Benito Mussolini (1883–1945) Duce and President of the Council of Ministers of Italy. Leader of the National Fascist Party and subsequen…
The Oxford Handbook of the Italian Economy Since Unification, by Gianni Toniolo, editor, Oxford University Press (2013) p. 59. Mussolini’s speech to the Chamber of Deputies on May 26, 1934.
1930s