Economics is that way of understanding behavior that starts… - David D. Friedman

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Economics is that way of understanding behavior that starts from the assumption that people have objectives and tend to choose the correct way to achieve them.

David D. Friedman

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About David D. Friedman

David Director Friedman (born February 2, 1945) is a law professor and writer, who became a leading figure in the anarcho-capitalist community.

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Native Name: David Friedman

Alternative Names: David Director Friedman

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Ludwig von Mises F.A. Hayek Friedrich Hayek David Graeber Curtis Yarvin

Additional quotes by David D. Friedman

If we want to be honest, we can ship the Statue of Liberty back to France or replace the outdated verse with new lines, "America the closed preserve/ That dirty foreigners don't deserve". (p.71)

Legal rules are to be judged by the structure of incentives they establish and the consequences of people altering their behavior in response to those incentives (p.11)

I predict that, if anarcho-capitalist institutions appeared in this country tomorrow, heroin would be legal in New York and illegal in most other places. (p.128)

Economics is that way of understanding behavior that starts from the assumption that people have objectives and tend to choose the correct way to ach… - David D. Friedman

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