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Allan H. Meltzer Quotes: Capitalism without failure is like religion without sin. Bankruptcies and losses concentrate the mind on prudent behavior.
         

Capitalism without failure is like religion without sin. Bankruptcies and losses concentrate the mind on prudent behavior.


Allan H. Meltzer
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"Allan H. Meltzer Quotes." Quoteslyfe.com, 2024. Sun. 17 Nov. 2024. <https://www.quoteslyfe.com/quote/Capitalism-without-failure-is-like-religion-without-359710>.





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Other quotes of Allan H. Meltzer


Governments harangue about deficits to get more revenue so they can spend more.

Governments harangue about deficits to get more revenue so they can spend more.



The reason is that Chile is the brightest spot in Latin America. It has very fast growth, low unemployment. It privatized its Social Security system, which we in USA were unable to do.

The reason is that Chile is the brightest spot in Latin America. It has very fast growth, low unemployment. It privatized its Social Security system, which we in USA were unable to do.



There is a flaw in the operation of representative government. The flaw produces the growth of government.

There is a flaw in the operation of representative government. The flaw produces the growth of government.





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Quote Description


This page presents the quote "Capitalism without failure is like religion without sin. Bankruptcies and losses concentrate the mind on prudent behavior.". Author of this quote is Allan H. Meltzer. This quote is about prudent, failure, behavior, sin, mind, capitalism, religion, liberty, loss,.