Top 100 Quotes About Market Economy
#1. 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. 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
#4. 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
#6. 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
#7. There is no kind of freedom and liberty other than the kind which the market economy brings about.
Ludwig Von Mises
#8. 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
#9. 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
#11. 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
#12. In a true free market economy, you can't make yourself rich without enriching your community.
Robert F. Kennedy Jr.
#13. 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
#14. A fundamental contradiction does not exist between socialism and a market economy.
Deng Xiaoping
#15. The Welfare State is merely a method for transforming the market economy step by step into socialism.
Ludwig Von Mises
#16. 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
#17. 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
#18. It is precisely through falling prices that the fruits of increased productivity and economic growth are spread throughout the market economy.
Joseph Salerno
#19. The market economy is very good at wealth creation but not perfect at all about wealth distribution.
Jonathan Sacks
#20. Prohibitionism violates the fundamental law of market economy, which led to the emergence of a thriving shadow economy.
Jeffrey Dhywood
#21. 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
#22. 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
#23. 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
#24. 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
#25. 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
#26. My claim is that we do not have a market economy, but a capitalist economy.
David Korten
#27. 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
#28. I know their unstinted devotion to the free-market economy, provided it's their freedom and somebody else's economy.
John Le Carre
#29. 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
#30. 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
#31. A market economy cannot thrive absent the well-being of average people, even in a gilded age.
Jaron Lanier
#32. 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
#33. 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
#35. 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
#36. 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
#37. Having seen a non-market economy, I suddenly understood much better what I liked about a market economy.
Esther Dyson
#38. 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
#39. 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
#40. 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
#41. In an unmolested market economy - one where all dealings are consensual - the 'allocation' of wealth and income is the result of transactions.
Sheldon Richman
#42. 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
#43. 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
#44. 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
#45. It is something of a miracle that individual selfish decisions (in a market economy) must lead to a collectively efficient outcome.
Steven Landsburg
#46. This dilettante notion that the global economy is evil because big corporate leaders make too much money ... they do make too much money, but the only way we've figured out how to generate wealth in this world is through the market economy.
Joe Klein
#47. The market economy as such does not respect political frontiers. Its field is the world.
Ludwig Von Mises
#48. Profits are the driving force of the market economy. The greater the profits, the better the needs of the consumers are supplied ... He who serves the public best, makes the highest profits.
Ludwig Von Mises
#49. In a market economy, however, the individual has some possibility of escaping from the power of the state.
Peter L. Berger
#50. Globalization can be very unjust and unfair and unequal, but these are matters under our control. It's not that we don't need the market economy. We need it. But the market economy should not have priority or dominance over other institutions.
Amartya Sen
#51. The trouble with a free market economy is that it requires so many policemen to make it work.
Dean Acheson
#52. It had been well known for twenty years that the distribution of large and small earthquakes followed a particular mathematical pattern, precisely the same scaling pattern that seemed to govern the distribution of personal incomes in a free-market economy.
James Gleick
#53. What we want is to establish the rules of a market economy - not to plan its outcome.
Vaclav Klaus
#54. We know that communism is the right hypothesis. All those who abandon this hypothesis immediately resign themselves to the market economy, to parliamentary democracy-the form of state suited to capitalism-and to the inevitable and 'natural' character of the most monstrous inequalities.
Alain Badiou
#55. the market economy should be subordinate to and so reinforce the virtuous life.
Daniel M. Bell Jr.
#56. As much as I say that market economy is a more aggressive, expansile form of command economy, I say now that democracy is a more aggressive, expansile form of dictatorship. The sin of democracy and any types of -cracy is their numbers.
Andreas Laurencius
#57. Psychological man may be going nowhere, but he aims to achieve a certain speed and certainty in going. Like his predecessor, the man of the market economy, he understands morality as that which is conducive to increased activity. The important thing is to keep going.
Philip Rieff
#58. The market economy is deeply congruent with the values set out in the Hebrew Bible. Material prosperity is a divine blessing. Poverty crushes the spirit as well as the body, and its alleviation is a sacred task. Work is a noble calling.
Jonathan Sacks
#59. The market economy needs no apologists and propagandists. It can apply to itself the words of Sir Christopher Wren's epitaph in St. Paul's: 'If you seek his monument, look around.'
Ludwig Von Mises
#60. We will do whatever the government tells us to do, which is a critically important principle of the Chinese market economy, and there is nothing more for discussion about it.
Li Shufu
#61. China, as a nation, is a country under the one-party rule of the Communist Party, but it has introduced the market economy. As a country that is under the one-party rule of the Communist Party, normally what they should be seeking is equality of results.
Shinzo Abe
#62. I think Russians today have a distorted picture of capitalism, liberal democracy and market economy.
Garry Kasparov
#63. The more central problem of money in politics is something just as troubling but much harder to see: a system in which economic inequalities, inevitable in a free market economy, are transformed into political inequalities that affect both electoral and legislative outcomes.
Richard L. Hasen
#64. In the market economy the price that is offered is counted upon to produce the result that is sought.
John Kenneth Galbraith
#65. The free market economy is supposed to be the only path leading to the happiness of humanity by promoting wealth and prosperity, power and influence of nations.
Omar Bongo
#66. The thing that makes reading and writing suspect in the eyes of the market economy is that it's not corrupted.
Richard Powers
#67. A market economy is to economics what democracy is to government: a decent, if flawed, choice among many bad alternatives.
Charles Wheelan
#68. Without commonly shared and widely entrenched moral values and obligations, neither the law, nor democratic government, nor even the market economy will function properly.
Vaclav Havel
#69. The Rhineland cities were developing the market economy that would eventually replace agrarian civilization; they were therefore in the very early stages of modernization, a transition that always strains social relations.
Karen Armstrong
#70. the existing market economy has no "stable" or "neutral" setting: there is only growth or contraction.
Richard Heinberg
#71. In Germany it is good if as many people as possible join initiatives and peaceful demonstrations against the rule of the financial markets. Worshipping the unfettered freedom of global markets has brought the world to the brink of ruin. We now need social and ecological rules for the market economy.
Sigmar Gabriel
#72. I think a major cause of present Asian economic difficulties that mainly come from, you know, lack of market economy.
Kim Dae-jung
#73. In the market economy the worker sells his services as other people sell their commodities. The employer is not the employee's lord. He is simply the buyer of services which he must purchase at their market price.
Ludwig Von Mises
#74. In the 19th century, a lot of people were against outlawing child labour, because to do so would be against the very foundations of a free market economy: 'These children want to work, these people want to employ them ... what is your problem? It's not as if anyone has kidnapped them ... '
Brian Eno
#75. The market economy-capitalism-is a social system of consumers' supremacy.
Ludwig Von Mises
#76. Let me say again that the relationship is asymmetrical: there's no democracy without a market economy, but you can have a market economy without democracy.
Peter L. Berger
#77. So I think one can say on empirical grounds - not because of some philosophical principle - that you can't have democracy unless you have a market economy.
Peter L. Berger
#78. The transparency and intelligibility of a country with a free market economy can reassure its neighbors that it is not going on a war footing, which can defuse a Hobbesian trap and cramp a leader's freedom to engage in risky bluffing and brinkmanship.
Steven Pinker
#79. What vitiates entirely the socialists economic critique of capitalism is their failure to grasp the sovereignty of the consumers in the market economy.
Ludwig Von Mises
#80. It remains to be seen, for example whether China can continue to develop as a market economy while still retaining an authoritarian communist political system.
Peter Dicken
#81. Competitiveness is just as much a part of our nature as empathy. The ideal, in my view, is a democratic system with a social market economy, because it takes both tendencies into account.
Frans De Waal
#82. The largest threat to freedom, democracy, the market economy and prosperity, is no longer socialism. It is, instead, the ambitious, arrogant, unscrupulous ideology of environmentalism.
Vaclav Klaus
#83. Communism brought out the worst in human nature and crippled people's ability or ambition to participate in a market economy.
Thomas Woods
#84. We must have the time to create strict rules so that property is not sold by Communist managers for a low price. They often get payments under the table to sell to the first bidder. This does not build public support for a market economy.
Vaclav Klaus
#85. I believe in a real democratic system, with a state of law and freedom of the press. I believe in a free, open-market economy integrated with the world. And I believe in equality of opportunity. Those are my basic beliefs. On top of that, of course, I believe in some moral values.
Sebastian Pinera
#86. No market economy can function properly without the support of legal and moral sanctions, designed to hold individual agents to their bargains, and to return the cost of misbehaviour to the one who causes it. But
Roger Scruton
#87. Tyranny is the political corollary of socialism, as representative government is the political corollary of the market economy.
Ludwig Von Mises
#88. When each of us is free to work out his own economic destiny, within the framework of the market economy, the institution of private property, and the general rule of law, we will all improve our economic condition much faster than when we are ordered around by bureaucrats.
Henry Hazlitt
#89. I find it quite useful to think of a free-market economy - or partly free market economy - as sort of the equivalent of an ecosystem. Just as animals flourish in niches, people who specialize in some narrow niche can do very well.
Charlie Munger
#90. 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
#91. 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
#92. 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
#93. 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
#94. 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
#95. 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
#96. 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
#97. In the domain of cops and robbers, an interdiction serves to structure a black market and a shadow economy.
William Irwin Thompson
#98. 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
#99. 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
#100. 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
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