Top 2 Douglass C. North Quotes (2025 Update)

Douglass C. North Quote: “Conformity can be costly in a world of uncertainty.”

1. “Conformity can be costly in a world of uncertainty.”

2. “The opportunities for political and economic entrepreneurs are still a mixed bag, but they overwhelmingly favor activities that promote redistributive rather than productive activity, that create monopolies rather than competitive conditions, and that restrict opportunities rather than expand them. They.”

— Douglass C. North

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