Quotes About Misallocation

An efficient economy does not perpetuate the misallocation of capital - it punishes it.

A forced equalization of wages that disregards the marginal contributions of different workers will deaden incentives and lead to a misallocation of resources and effort.

I like to call it 'the national automobile slum.' You can call it suburban sprawl. I think it's appropriate to call it the greatest misallocation of resources in the history of the world.

A Criminal is the case of surplus of human energy directed in the wrong direction.

I can never believe how much time and energy and money and talent and everything else is being poured into horrible ideas.

Bad spending, to me, in terms of its economic benefit, would be wealth transfer payments. It's a misallocation of resources.

We may wonder how the ability to profit from land fosters social dysfunction, but once we realize the extent to which community wealth is privatized for personal gain, we also come to realize just how corrupt most societies actually are. Many social problems exist as a result of how our system misallocates wealth, not as a result of an unalterable human condition.