Top 100 Quotes About The Market Economy
#1. 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
#2. There is no kind of freedom and liberty other than the kind which the market economy brings about.
Ludwig Von Mises
#3. The Welfare State is merely a method for transforming the market economy step by step into socialism.
Ludwig Von Mises
#4. 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
#5. It is precisely through falling prices that the fruits of increased productivity and economic growth are spread throughout the market economy.
Joseph Salerno
#6. The market economy is very good at wealth creation but not perfect at all about wealth distribution.
Jonathan Sacks
#7. 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
#8. 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
#9. 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
#10. 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
#11. 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
#12. 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
#13. 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
#14. 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
#15. The market economy as such does not respect political frontiers. Its field is the world.
Ludwig Von Mises
#16. 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
#17. 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
#18. 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
#19. the market economy should be subordinate to and so reinforce the virtuous life.
Daniel M. Bell Jr.
#20. 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
#21. 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
#22. 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
#23. 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
#24. In the market economy the price that is offered is counted upon to produce the result that is sought.
John Kenneth Galbraith
#25. The thing that makes reading and writing suspect in the eyes of the market economy is that it's not corrupted.
Richard Powers
#26. 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
#27. 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
#28. 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
#29. 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
#30. The market economy-capitalism-is a social system of consumers' supremacy.
Ludwig Von Mises
#31. 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
#32. 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
#33. Tyranny is the political corollary of socialism, as representative government is the political corollary of the market economy.
Ludwig Von Mises
#34. 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
#35. 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
#36. 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
#37. 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
#39. 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
#40. 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
#41. 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
#43. 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
#44. In the domain of cops and robbers, an interdiction serves to structure a black market and a shadow economy.
William Irwin Thompson
#45. 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
#46. 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
#47. 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
#48. 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
#49. 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
#50. 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
#51. 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
#52. Depressions and mass unemployment are not caused by the free market but by government interference in the economy.
Ludwig Von Mises
#53. 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
#54. 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
#55. 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
#56. 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
#57. 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
#58. 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
#59. 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
#60. 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
#61. 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
#62. 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
#63. Prohibitionism violates the fundamental law of market economy, which led to the emergence of a thriving shadow economy.
Jeffrey Dhywood
#64. It is an economic fact that predicting the future is most valuable when everybody things you are wrong.
Derek Thompson
#65. 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
#66. As discomfiting as it is to both market optimists and policy activists, a certain amount of instability is inherent to the economy.
Virginia Postrel
#67. 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
#68. 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
#69. We all too often have socialism for the rich and rugged free market capitalism for the poor.
Martin Luther King Jr.
#70. 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
#71. We do not expect significant spillovers from the subprime market to the rest of the economy or to the financial system.
Ben Bernanke
#72. 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
#73. The hard fact is that writing is available to readers because of market factors as much as particular writing talent.
Sara Sheridan
#74. 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
#75. 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
#76. 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
#77. I know their unstinted devotion to the free-market economy, provided it's their freedom and somebody else's economy.
John Le Carre
#78. 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
#79. 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
#80. 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
#81. 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
#82. A market economy cannot thrive absent the well-being of average people, even in a gilded age.
Jaron Lanier
#83. 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
#84. 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
#85. 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
#86. 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
#87. 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
#88. 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
#89. 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
#90. 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
#91. Amongst high unemployment rates, a competitive job market and a shrinking global economy, the emerging social media industry only continues to grow.
Ryan Holmes
#92. 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
#93. 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
#94. 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
#95. 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
#96. In an unmolested market economy - one where all dealings are consensual - the 'allocation' of wealth and income is the result of transactions.
Sheldon Richman
#97. 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
#98. 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
#99. 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
#100. People used to make money, but somewhere along the way, it started making us.
Trevor D. Richardson
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