Quote by: Knut Wicksell

[Capitalism assumed] that from the beginning all men are equal. If that were so everyone would be equipped with the same working power, the same education and, above all, the same economic assets … each person would [then] have only himself to blame if he did not succeed.


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Author Bio


  • NameKnut Wicksell
  • DescriptionSwedish economist
  • BornDecember 20, 1851
  • DiedMay 3, 1926
  • CountrySweden
  • ProfessionEconomist