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Economy Quotes

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Economy Quotes

“Indeed, a major source of objection to a free economy is precisely that it... gives people what they want instead of what a particular group thinks they ought to want. Underlying most arguments against the free market is a lack of belief in freedom itself.”

PeopleThinkingWantGivingBeliefEconomyGroupsParticularSourceOughtMajorsCapitalismArgumentFree MarketObjectionsMarket EconomyEconomic FreedomFree Market CapitalismFree Economy
Book:Capitalism and Freedom: Fortieth Anniversary Edition
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“Needless to say, under either system [socialism or fascism], the inequalities of income and standard of living are greater than anything possible under a free economy -- and a man's position is determined, not by his productive ability and achievement, but by political pull and force. Under both systems, sacrifice is invoked as a magic, omnipotent solution in any crisis -- and "the public good" is the altar on which victims are immolated.”

MenPoliticalForceAbilityEconomyGreaterMagicSacrificePositionAchievementSolutionsStandardsCrisisVictimDeterminedIncomeSocialismInequalityProductiveFascismAltarsStandards Of LivingOmnipotentPublic GoodFree Economy
Book:The Ayn Rand Lexicon: Objectivism from A to Z
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“I still believe that, in the long run, the aggregate of the decisions of individual businessmen, exercising individual judgment in a free economy, even if often mistaken, is likely to do less harm than the centralized decisions of a Government; and certainly the harm is likely to be counteracted faster. As I said earlier in this debate, our economic medicine may be painful but it is fast and powerful because it can act freely.”

IfsBelieveMayLongSaidStillsGovernmentRunningIndividualDecisionPowerfulEconomyEconomicExerciseJudgmentMedicinePainfulHarmDebateFasterLong RunsMistakenBusinessmanI Still BelieveFree Economy
Author:John James Cowperthwaite
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