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Uncommon Sense

Pithy sayings and brilliant observations

Tag: Julian Simon

(1932-1998) Professor of economics, author, Senior Fellow at the Cato Institute

Misunderstanding the free market

Not understanding the process of a spontaneously-ordered economy goes hand-in-hand with not understanding the creation of resources and wealth.

Author Greg RavenPosted on October 10, 2014November 1, 2018Format QuoteCategories economicsTags Julian Simon

“Perhaps the sentiments contained in the following pages, are not yet sufficiently fashionable to procure them general favor; a long habit of not thinking a thing wrong, gives it a superficial appearance of being right, and raises at first a formidable outcry in defense of custom. But the tumult soon subsides.” — Thomas Paine

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