Quote of the day
War is not its own end, except in some catastrophic slide into absolute damnation. It's peace that's wanted. Some better peace than the one you started with.
Armen Alchian
Born: April 12, 1914
Died: February 19, 2013 (aged 98)
Bio: Armen Albert Alchian was an American economist and an emeritus professor of economics at the University of California, Los Angeles.
Known for:
- University economics (1964)
- Exchange and production (1977)
- The Collected Works of Armen A. Alchian (2006)
- Economic forces at work (1977)
- Choice and Cost Under Uncertainty (2006)
Armen Alchian Quotes