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Quotation of the Day…

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… is from page 181 of Armen Alchian [2]’s and William Allen’s Universal Economics [3] (2018; Jerry Jordan, ed.); this volume is an updated version of Alchian’s and Allen’s magnificent earlier textbook, University Economics:

The line between “innovative leadership” and “disgusting nonconformity” is not bright and clear, but it does exist.