David Orrell - Utility Quotes

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A society in which each person is hell bent on maximizing his or her own utility, may therefore have declining overall utility.

David Orrell

The entire thrust of neoclassical thought is to argue that the free market economy is an efficient system that will optimize utility for all mankind, if only government will get out of the way. It therefore departs from classical economists such as Adam Smith, who recognized the importance of governments for regulating markets and preventing monopolies.

David Orrell

The race to the moon was never really about the moon - its utility didn't rest in samples of moon rock. It was about capitalism versus communism, right versus left.

David Orrell