Top 100 Quotes About Market Economy
#1. Too often capitalism appears as a synonym for market exchange and not as a political economy that dictated who worked where, on what terms, and to whose benefit.
Seth Rockman
#2. In a market economy with the division and specialization of labor, people use others as means to achieve their ends. This is the essence of market cooperation.
Stephan Kinsella
#3. Would we as a nation be better off dealing with the truth rather than believing fantasies that prop up the Status Quo and the Fed's dearly beloved measure of the economy, the stock market? How often does accepting illusion help us navigate real life? Short answer: never.
Charles Hugh Smith
#4. The stagnation of the Japanese economy in the past 20 years is eloquent testimony to the fact that government usually gets it wrong. Sometimes it makes the wrong decision because it fails to anticipate the market (as Japan did when it downplayed laptop computers and stressed mainframes).
Dick Morris
#5. Reliability investing requires finding companies trading below their inherent worth
stocks with strong fundamentals including earnings, dividends, book value, and cash flow selling at bargain prices give their quality.
Amah Lambert
#7. The air we breathe is still free, but for how much time. I believe someone is busy patenting it to start selling it for profit
Bangambiki Habyarimana
#8. The reaper can be produced only in countries where labor receives a high reward, where farmers own their own acres without fear of being despoiled by invading armies, where average of intelligence is as high in the country as in the city.
Herbert Newton Casson
#9. A depression is a large-scale decline in production and trade ... there is nothing in the nature of a free-market economy to cause such an event.
Nathaniel Branden
#10. Servile labour disappeared because it could not stand the competition of free labour; its un-profitability sealed its doom in the market economy.
Ludwig Von Mises
#12. Well, Mark, I led the charge for five or six years to get reforms for Fannie Mae and Freddie Mac. I was chairman of an organization called 'FM Policy Focus.' What we were saying was, if there was blip in the housing market, Fannie and Freddie would destabilize the greatest economy in the world.
J. C. Watts
#13. In the domain of cops and robbers, an interdiction serves to structure a black market and a shadow economy.
William Irwin Thompson
#14. You do not need to be in the single market we do not need that we are the word's fifth biggest economy. Most economies can agree free trade deals within two years the EU is taking 10 years or never at all, why?
Andrea Leadsom
#15. So in Asia I want to make - I want to succeed to make a model of what success, practicing democracy, and market economy. Then that will give a good influence over Asian countries.
Kim Dae-jung
#16. There is no kind of freedom and liberty other than the kind which the market economy brings about.
Ludwig Von Mises
#17. The human species was not born into a market economy. Bees won't sell you honey if you offer them an electronic funds transfer. The human species imagined money into existence, and it exists - for us, not mice or wasps - because we go on believing in it.
Eliezer Yudkowsky
#18. We know that in our free market economy some will prosper more than others. What we don't accept is the idea that some folks won't even get a chance.
Julian Castro
#20. With lower start-up costs and a vastly expanded market for online services, the result is a global economy that for the first time will be fully digitally wired-the dream of every cyber-visionary of the early 1990s, finally delivered, a full generation later.
Marc Andreessen
#21. The challenge as we saw in the Nigerian project was to restructure the economy decisively in the direction of a modern free market as an appropriate environment for cultivation of freedom and democracy and the natural emergence of a new social order.
Ibrahim Babangida
#22. There is a patent conflict between the need to reverse or at least to control the impact of our economy on the biosphere and the imperatives of a capitalist market: maximum continuing growth in the search for profit.
Eric Hobsbawm
#23. Unless there is free and fair competition, there can't be healthy economic development. And what we have in Burma now is not an open-market economy that allows free and fair competition, but a form of colonialism makes a few people very, very wealthy. It's what you would crony capitalism.
Aung San Suu Kyi
#24. In a true free market economy, you can't make yourself rich without enriching your community.
Robert F. Kennedy Jr.
#25. The stock market is but a mirror which provides an image of the underlying or fundamental economic situation. Cause and effect run from the economy to the stock market, never the reverse. In 1929 the economy was headed for trouble. Eventually that trouble was violently reflected in Wall Street.
John Kenneth Galbraith
#26. Depressions and mass unemployment are not caused by the free market but by government interference in the economy.
Ludwig Von Mises
#27. Apart from finding a first job, college graduates seem to adapt more easily than those with only a high school degree as the economy evolves and labor-market needs change.
Derek Bok
#28. It's a market economy. Apparently the demand for great coaches exceeds the supply, so of course the price of good coaches is going to be high.
Michael Gartner
#29. A fundamental contradiction does not exist between socialism and a market economy.
Deng Xiaoping
#30. The Welfare State is merely a method for transforming the market economy step by step into socialism.
Ludwig Von Mises
#31. Investors don't like uncertainty. The market is telling us that they need certainty, they need to see where the economy is heading. If the government is committed to continue the Open Door policy, they will need to come up with concrete policies and execution steps to increase confidence.
Zhang Xin
#32. Funny how so many rookies out there still judge condition of the US economy on the rigged "stock market". I frankly find it hilarious.
Ziad K. Abdelnour
#33. In the linchpin economy, the winners are once again the artists who give gifts. Giving a gift makes you indispensable. Inventing a gift, creating art - that is what the market seeks out, and the givers are the ones who earn our respect and attention.
Seth Godin
#34. People are increasingly becoming disappointed and disillusioned with politics and business, and especially with the market economy. They are meeting the physical needs of human beings, maybe. They are providing food. But not good and healthy food.
Satish Kumar
#35. The computers were index-linked to the Galactic stock-market prices, you see, so that we'd all be revived when everybody else had rebuilt the economy enough to afford our rather expensive services.
Douglas Adams
#36. A market that's as open as possible is the precondition for a successful economy, and a successful economy is the precondition to being able to pay for social security.
Gerhard Schroder
#37. Economists may not know how to run the economy, but they know how to create shortages or gluts simply by regulating prices below the market, or artificially supporting them from above.
Milton Friedman
#38. Why are drugs so profitable? Essentially, many argue, it's because they are illegal. By making drugs a criminal enterprise, it creates an enormous black market economy where drugs fetch far greater prices than they would if legal.
James Morcan
#39. The U.S. uses most of its oil for transportation. We can limit U.S. demand for oil by requiring automakers to use the technology that already exists to improve fuel economy - technology that the automakers refuse to bring into the market despite societal demand.
Sherwood Boehlert
#40. It is precisely through falling prices that the fruits of increased productivity and economic growth are spread throughout the market economy.
Joseph Salerno
#41. The market economy is very good at wealth creation but not perfect at all about wealth distribution.
Jonathan Sacks
#42. Prohibitionism violates the fundamental law of market economy, which led to the emergence of a thriving shadow economy.
Jeffrey Dhywood
#43. It is an economic fact that predicting the future is most valuable when everybody things you are wrong.
Derek Thompson
#44. I think the actions taken by the (rate-setting) Federal Open Market Committee have been the appropriate actions. And I assume we will continue to take the appropriate actions, depending on what is happening with the data and the dynamics of the economy
Bill Vaughan
#45. As discomfiting as it is to both market optimists and policy activists, a certain amount of instability is inherent to the economy.
Virginia Postrel
#46. This is not a zero-sum game. We know that if we provide access and education, particularly where there are gaps in the market, we will create more jobs, we will create more growth, and we will create more activity in the U.S. market, which will be good for our economy.
Karen Mills
#47. I support freedom and I support a free market economy, but it should be a socially oriented market economy. I support globalization, but it should be globalization with a human face.
Mikhail Gorbachev
#48. The rationale for the vast network of government welfare programs as well as regulation and control over private enterprise is based on the socialist analysis of the market economy.
Richard Ebeling
#49. The idea that debt is necessary for trade, and has to be forgiven, is consequent to the rise of a market economy. The idea that debt is wrong and should be punished is a feature of a moral economy.
Jill Lepore
#50. It has been true in Western societies and it seems to be true elsewhere that you do not find democratic systems apart from capitalism, or apart from a market economy, if you prefer that term.
Peter L. Berger
#51. The market economy is delivering miracles by the minute and yet we hardly notice or care; worse, we denounce the realization of this dream of all of history, this coming of heaven on earth and call it decadent and dangerous.
Jeffrey Tucker
#52. My claim is that we do not have a market economy, but a capitalist economy.
David Korten
#53. We all too often have socialism for the rich and rugged free market capitalism for the poor.
Martin Luther King Jr.
#54. I actually think that the economy has got some positives. It's got the market. It's got consumer confidence and it's got banks throwing - I mean central bankers throwing money at it around the world.
Jack Welch
#55. Free markets. What does this system mean? The answer is simple: it is the market economy, it is the system in which the cooperation of individuals in the social division of labor is achieved by the market.
Ludwig Von Mises
#56. We do not expect significant spillovers from the subprime market to the rest of the economy or to the financial system.
Ben Bernanke
#57. The economy is much bigger than the market. We will not be able to build a good economy - nor a good society - unless we look at the vast expanse beyond the market.
Ha-Joon Chang
#58. The hard fact is that writing is available to readers because of market factors as much as particular writing talent.
Sara Sheridan
#59. A free economy is as essential to society as democratic political institutions. A strong market-based economy is the fertile ground for democratic freedoms that we think are important.
Lee R. Raymond
#60. Without doubt, our inability to design and implement a sustainable economic framework has resulted to our present ranking on the globalization index; a precious market to the productive countries.
Tony Osborg
#61. If government wishes to see a depression ended as quickly as possible and the economy returned to normal prosperity, what course should it adopt? The first and clearest injunction is: Don't interfere with the market's adjustment process.
Murray Rothbard
#62. I know their unstinted devotion to the free-market economy, provided it's their freedom and somebody else's economy.
John Le Carre
#63. Though my heart may be left of centre, I have always known that the only economic system that works is a market economy ... This is the only natural economy, the only kind that makes sense, the only one that can lead to prosperity, because it is the only one that reflects the nature of life itself.
Vaclav Havel
#64. Economic activity, especially the activity of a market economy, cannot be conducted in an institutional, juridical or political vacuum. On the contrary, it presupposes sure guarantees of individual freedom and private property, as well as a stable currency and efficient public services.
Pope John Paul II
#65. By investing in anonymous
cryptocurrencies, you are buying 'insurance' against a recession, as the value of the cryptocurrency could increase significantly if the economy falters and the black market grows.
Will Martin
#66. We have sacrificed the old immaterial gods, and now we are occupying the temple of the Market-God. He organizes our economy, our politics, our habits, our lives, and even provides us with rates and credit cards and gives us the appearance of happiness.
Jose Mujica
#67. A market economy cannot thrive absent the well-being of average people, even in a gilded age.
Jaron Lanier
#68. The world wants India to remain an import-based economy. Then India can be a dumping ground where gold can be dumped and other commodities such as oil and gas. They look at India as a huge market.
Anil Agarwal
#69. The market economy succeeds not because some people's interests are suppressed and other people are kept out of the market, but because people gain individual advantage from it.
Amartya Sen
#70. We, the Social Democrats, are convinced that capitalism needs to be tamed a second time. The first time we achieved that in Germany for many decades with the social market economy. That is no longer enough. Now we need to do it in Europe and even globally.
Sigmar Gabriel
#71. We do recognise that there are areas where the current financial services market, the banking market, just isn't working for chunks of the British economy.
Vince Cable
#72. Market without competition impedes its' dynamics.
Toba Beta
#73. Nobody can predict interest rates, the future direction of the economy or the stock market. Dismiss all such forecasts and concentrate on what's actually happening to the companies in which you've invested
Peter Lynch
#75. We can't all be bakers or chefs. Many of us have modest ambitions. But we can all buy a piece of the pie.
Amah Lambert
#76. Since achieving their independence in 1992, the people of Croatia have built a democratic society based on the rule of law, respect for human rights, and a free market economy.
Elton Gallegly
#77. During war the market system is more or less abandoned, as many parts of the economy are placed under central control. Hayek's fear was that socialists would want to continue such
Friedrich Hayek
#78. Yes, I think India's economy always has been a mixed economy, and by Western standards we are much more of a market economy than a public sector-driven economy.
Manmohan Singh
#79. Only business can build a low-carbon economy. Business is all about seeing ideas and growing them. Businesses have the resources, the people, the technical skills to make things happen - and they have the channels to market
Tom DeLay
#80. Having seen a non-market economy, I suddenly understood much better what I liked about a market economy.
Esther Dyson
#81. Amongst high unemployment rates, a competitive job market and a shrinking global economy, the emerging social media industry only continues to grow.
Ryan Holmes
#82. And each of these perspectives comes to the same conclusion, which is that our global economy is out of control and performing contrary to basic principles of market economics.
David Korten
#83. As soon as the economic freedom which the market economy grants to its members is removed, all political liberties and bills of rights become humbug.
Ludwig Von Mises
#84. The first principle of the market economy is that it is comprised of many small buyers and sellers, which implies a substantial degree of equity. Another fundamental market principle is that costs are internalized in the producer's price.
David Korten
#85. It is quite easy to understand what China would need from the African continent with regard to its own economy. It will be raw materials, oil, and a market for manufactured goods. It is not difficult to understand that, and it is perfectly legitimate, there is nothing wrong with that.
Thabo Mbeki
#86. The real source of market promise is not the wealthy few in the developing world, or even the3 emerging middle-income consumers. It is the billions of aspiring poor who are joining the market economy for the first time.
C. K. Prahalad
#87. Germany is the biggest economy of Europe and we need Germany on board for the economic reforms of Europe, including, of course, the deepening of the internal market, resisting protectionism, and supporting further economic policy coordination.
Jose Manuel Barroso
#88. Market fundamentalists recognize that the role of the state in the economy is always disruptive, inefficient, and generally has negative connotations. This leads them to believe that the market mechanism can take care of all the problems.
George Soros
#89. We see China as a large market opportunity with similar cyclical economic cycles that occur throughout every economy.
Douglas Leone
#90. In an unmolested market economy - one where all dealings are consensual - the 'allocation' of wealth and income is the result of transactions.
Sheldon Richman
#91. I am convinced that the public, large majority of the Greek people, realize that policies pursued in the past and the market practices have to be changed, in order to improve the prospects of the Greek economy. So there is, I think, strong public support despite the increases in social tensions.
Lucas Papademos
#92. The stock market is like a small row boat on a rough sea, bouncing around as it drifts, whereas the macro economy is like a large ocean liner, very ponderous and difficult to maneuver but without such a rough journey.
Clive Granger
#93. Multinational corporations and a market economy have transformed human beings into instruments of making money. Human beings should be the end. And money should be the means to an end.
Satish Kumar
#94. People used to make money, but somewhere along the way, it started making us.
Trevor D. Richardson
#95. MySchool not OurSchools. In the basic logic of policy, there is now no difference between Labor and Liberal/National parties. The unchallenged assumption of national and state policy is that whatever problem exists, market logic can fix it.
Raewyn W. Connell
#96. The barriers that renewables and efficiency face come less from our living in a capitalist market economy and more from not taking market economics seriously.
Amory Lovins
#97. In history, the evidence is overwhelming: Stock market bottoms happen, and then stocks jolt upwards while the economy keeps getting worse - sometimes by a lot and for a long time.
Kenneth Fisher
#98. Our economy isn't going to recover until the housing market finds its footing.
Mark Zandi
#99. A market economy is a tool - a valuable and effective tool - for organizing productive activity. A market society is a way of life in which market values seep into every aspect of human endeavour. It's a place where social relations are made over in the image of the market.
Michael Sandel
#100. The '80s market was only a Japanese market. It was the Japanese outbidding each other for the most expensive works of art. When the Japanese economy went down the tubes, there was no one left to pay the prices that have been recorded for all of those works.
Arne Glimcher
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