Source: Understanding Capitalism: Competition, Command, and Change, 2005, p. 54
“In some form or other the rivalry of men will continue to be employed as an instrument of the general welfare. It is not important that the arrangements which currently are set down as the competitive system will endure. It is important that the spirit of competition shall be enhanced and not impaired. There must be an outlet for the creative urge, free play for the dynamic drive. In a society, as in the physical world, motion is inseparable from life.”
Walton H. Hamilton (1957), The politics of industry, p. 168-69; as cited in: Arnold, Thurman. " Walton Hale Hamilton https://www.jstor.org/stable/794455." The Yale Law Journal 68.3 (1959): 399-400.
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Walton Hale Hamilton 5
Yale Law Professor 1881–1958Related quotes
Arrow, Kenneth J., and Gerard Debreu. " Existence of an equilibrium for a competitive economy http://cowles.econ.yale.edu/P/cp/p00b/p0087.pdf." Econometrica: Journal of the Econometric Society (1954): p. 265
Source: 1950s-1960s, "Existence of an equilibrium for a competitive economy." 1954, p. 265
Source: Cannibals All!, or Slaves Without Masters (1857), p. 303
You'd rot away in a month if every organ of your body went out for itself.
1974 Larry King Interview https://www.youtube.com/watch?v=RVOPkGAtt48
1930s, On my Painting (1938)
2000s, 2006, State of the Union (January 2006)
“Free competition is worth more to society than it costs.”
Vegelahn v. Guntner, 167 Mass. 92, 44 N.E. 1077, 1080 (1896) (Supreme Court of Massachusetts, Holmes dissenting).
1890s
Letter to Charles Pinckney (1820) ME 15:280
Posthumous publications, On financial matters
Speaking to journalist Iftikhar Ahmad (December 2017) as quoted in Media Imperialism in India and Pakistan (2019) by Farooq Sulehria, p. 59