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Top 4 Armen A. Alchian Quotes (2024 Update)

Armen A. Alchian Quote: “A right of free speech is not an “economically free” right. It uses scarce resources.”
Armen A. Alchian Quote: “Choice is merely another name for discrimination – to rank alternatives according to some attribute. It is not discrimination that is condemned, but “invidious” discrimination – by whatever criteria enough people consider undesirable – such as religion, nationality, and gender.”
Armen A. Alchian Quote: “The “dead hand of the past” is not allowed to overrule the “invisible hand” of future generations’ market values.”
Armen A. Alchian Quote: “I’ll do this for you if you’ll do that for me – at better terms than someone else.” Though competing, we also cooperate – in the market, in the family, in firms, and in governments. We cooperate to make the “pie” larger; we compete over how much of the pie each of us gets.”
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