“The most important single central fact about a free market is that no exchange takes place unless both parties benefit.” ImportantFactsFreedomPartyBusinessEconomyBenefitsEconomicsInvestingPartnershipFree MarketMarket EconomyFree Market CapitalismEconomy And EconomicsFree Economy Author:Milton Friedman
“The term ‘free market’ is really a euphemism. What the far right actually means by this term is ‘lawless market.’ In a lawless market, entrepreneurs can get away with privatizing the benefits of the market (profits) while socializing its costs (like pollution).” MeanTermCostBenefitsEntrepreneurProfitGet AwayPollutionFree MarketEuphemismSocializing Author:Steve Kangas
“To condemn free-market capitalism because of anything going on today makes no sense. There is no evidence that capitalism exists today. We are deeply involved in an interventionist-planned economy that allows major benefits to accrue to the politically connected of both political parties. One may condemn the fraud and the current system, but it must be called by its proper names Keynesian inflationism, interventionism, and corporatism.” MayTodayPoliticalNamesPartyEconomyInvolvedBenefitsMajorsEvidenceCapitalismCurrentsConnectedFraudPolitical PartiesFree MarketCorporatismFree Market CapitalismInterventionism Book:Pillars of Prosperity: Free Markets, Honest Money, Private Property Source: Pillars of Prosperity: Free Markets, Honest Money, Private Property
“The free market is 'socialism' for the rich: the public pays the costs and the rich get the benefit - markets for the poor and plenty of state protection for the rich.” StatesPoorPayRichCostBenefitsProtectionSocialismPlentyFree Market Author:Noam Chomsky
“What private property does is connect effort to reward, creating an incentive for people to produce for more. Then, if there's a free market, people will trade their surpluses to others for the things they lack. Mutual exchange for mutual benefit makes the community richer.” PeopleIfsDoeCommunityEffortProduceBenefitsCreatingTradePropertyRewardsMutualFree MarketIncentivesPrivate PropertySurplusMutual Benefit Author:John Stossel
“I think the free market model of commercial trade openness - this model has undoubtedly shown enormous benefits for nations, for those of us that follow this model, of course.” ThinkingCoursesNationsBenefitsModelsTradeEnormousOpennessFree Market Author:Enrique Pena Nieto
“The key insight of Adam Smith's Wealth of Nations is misleadingly simple: if an exchange between two parties is voluntary, it will not take place unless both believe they will benefit from it. Most economic fallacies derive from the neglect of this simple insight, from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another.” IfsBelieveTwoNationsWealthSimplePartyEconomicKeysBenefitsGainsAssumingInsightLibertarianTendenciesFixedNeglectExpensesAdamPieFree MarketFallacyWealth Of Nations Book:Free to Choose: A Personal Statement Source: Free to Choose: A Personal Statement