The Pleasures and Pains of Modern Capitalism

  • George J. Stigler


In my title I use the language of Bentham, and perhaps I should have asked Lord Harris to use his good offices to borrow Mr Bentham from University College, London, for this occasion. I am far from confident, however, that Bentham would approve of my preferences; and if he were to begin frowning as I spoke, I should be quite unnerved. Nevertheless, Bentham — who was an instinctive social planner — might well approve of some of the pleasures of capitalism which I shall emphasise.


Business Community Rent Control Antitrust Policy Modern Capitalism York Stock Exchange 
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© The Wincott Foundation 1996

Authors and Affiliations

  • George J. Stigler

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