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Quotation of the day on competition….. – Publications – AEI

Summary:
AEI Quotation of the day on competition….. …. is from AEI president Arthur Brooks on Twitter: There are really only two types of people: those who want to win in competition, and those who would prefer to shut competition down. The former are the strivers and entrepreneurs; the latter the monopolists and cronies. Philosophically, which are you? MP: I think you can include the protectionists/scarcityists as the type who would prefer to shut competition down, i.e., monopolists and cronies. Arthur’s first of a four-Tweet series on competition was this: One of the greatest philosophical advances of the past century has been the recognition that competition per se creates excellence. This is true not just in sports and business, but also in politics and religion. MP: That’s a wonderful

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AEI
Quotation of the day on competition…..

…. is from AEI president Arthur Brooks on Twitter:

There are really only two types of people: those who want to win in competition, and those who would prefer to shut competition down. The former are the strivers and entrepreneurs; the latter the monopolists and cronies. Philosophically, which are you?

MP: I think you can include the protectionists/scarcityists as the type who would prefer to shut competition down, i.e., monopolists and cronies.

Arthur’s first of a four-Tweet series on competition was this:

One of the greatest philosophical advances of the past century has been the recognition that competition per se creates excellence. This is true not just in sports and business, but also in politics and religion.

MP: That’s a wonderful restatement of Perry’s Law — “Competition breeds competence.”

Quotation of the day on competition…..
Mark Perry

Mark Perry
Mark J. Perry is concurrently a scholar at AEI and a professor of economics and finance at the University of Michigan’s Flint campus. He is best known as the creator and editor of the popular economics blog Carpe Diem. At AEI, Perry writes about economic and financial issues for American.com and the AEIdeas blog.

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