Showing posts with label Maurice Allais. Show all posts
Showing posts with label Maurice Allais. Show all posts

Economics, Maurice Allais

In fact, without any exaggeration, the current mechanism of money creation through credit is certainly the "cancer" that's irretrievably eroding market economies of private property.

- Maurice Allais, in La Crise mondiale d'aujourd'hui. Pour de profondes réformes des institutions financières et monétaires (1999), p. 74


http://en.wikiquote.org/wiki/Economy