Quotation of the Day…

by Don Boudreaux on September 23, 2021

in Creative destruction, Growth, Innovation

… is from page 227 of George Will’s hot-off-the-press 2021 book, American Happiness and Discontents: The Unruly Torrent, 2008-2020 – a collection of many of Will’s columns over these years; (the column from which the quotation below is drawn originally appeared in the Washington Post on September 22nd, 2017):

In the accelerated churning of today’s capitalism, changing tastes and expanding choices destroy some jobs and create others, with net gains in price and quality. But disruption is never restful, and America now faces a decision unique in its history: Is it tired – tired of the turmoil of creative destruction? If so, it had better be ready to do without creativity. And ready to stop being what it has always been: restless.

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