Best economy & market-economy Quotes | Short & Famous Sayings

“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.”

Thinking Has Beens Economy Standards India Western Driven Market Economy Public Sector Mixed Economy

Author:Manmohan Singh

“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.”

Ifs Black Economy Greater Drug Criminals Arguing Enormous Enterprise Illegal Profitable Market Economy Fetch

Author:James Morcan

“What has changed in 40 years? It’s very simple: 40 years ago there was a market economy. Today there is a market society – today everything, including ethics, has a price.”

Years Today Simple Economy Changed Ethics Years Ago Including Market Economy Society Today Economy Today

Author:Robert Fripp

“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.”

Men May Important Certain Economy Achieve He Man Morality Activity Aim Important Things Speed Psychological Certainty Keep Going Predecessors Market Economy

Book:The Triumph of the Therapeutic: Uses of Faith After Freud

Source: The Triumph of the Therapeutic: Uses of Faith After Freud

“The most important single central fact about a free market is that no exchange takes place unless both parties benefit.”

Important Facts Freedom Party Business Economy Benefits Economics Investing Partnership Free Market Market Economy Free Market Capitalism Economy And Economics Free Economy

Author:Milton Friedman

“The black market was a way of getting around government controls. It was a way of enabling the free market to work. It was a way of opening up, enabling people.”

People Way Government Black Freedom Economy Economics Opening Working It Free Market Enabling Opening Up Market Economy Free Market Capitalism

Author:Milton Friedman

“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.”

Source: Capitalism and Freedom: Fortieth Anniversary Edition

“You have to manage money. Particularly with market economies. You may have a great product but if your bottom line goes bust then that's it.”

Ifs May Lines Economy Products Bottom Manage Bottom Line Market Economy

Author:Mukesh Ambani

“A fundamental contradiction does not exist between socialism and a market economy.”

Doe Economy Fundamentals Socialism Contradiction Market Economy

Author:Deng Xiaoping

“We mustn't fear to adopt the advanced management methods applied in capitalist countries. The very essence of socialism is the liberation and development of the productive systems. Socialism and market economy are not incompatible. We should be concerned about right-wing deviations, but most of all, we must be concerned about left-wing deviations.”

Should Country Left Economy Development Concerned Essence Management Method Wings Socialism Liberation Productive Capitalist Right Wing Left Wing Market Economy Deviation

Author:Deng Xiaoping

“The key problem is to find out why that sector of society of the past, which I would not hesitate to call capitalist, should have lived as if in a bell jar, cut off from the rest; why was it not able to expand and conquer the whole of society?... [Why was it that] a significant rate of capital formation was possible only in certain sectors and not in the whole market economy of the time?”

Source: Civilization and Capitalism, 15th-18th Century: The wheels of commerce

“A market economy cannot thrive absent the well-being of average people, even in a gilded age.”

People Wells Age Economy Average Well Being Thrive Absent Market Economy Gilded Gilded Age

Book:Who Owns the Future?

Source: Who Owns the Future?

“Keynes tried to show that market economies could settle in equilibrium states in which the labour market did not clear, and in which the level of unemployment was high. He believed that this was due to a particular example of market failure, developed in his concept of effective demand.”

States Shows Levels Economy Clear Example Particular Demand Concepts Dues Settling Labour Unemployment Equilibrium Market Economy Keynes Market Failure

Author:Paul Ormerod

“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.”

Source: The Encyclicals of John Paul II

“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.”

Stills Political Economy Example Remains China Communist Political Systems Market Economy Retaining

Book:Global Shift: Mapping the Changing Contours of the World Economy

Source: Global Shift: Mapping the Changing Contours of the World Economy

“The New Finance focused on the market's major systematic mistake. In failing to appreciate the strength of competitive forces in a market economy, it over estimates the length of the short run. In doing so, it overreacts to records of success and failure for individual companies, driving the prices of successful firms too high and their unsuccessful counterparts too low.”

“In fact, without any exaggeration, the current mechanism of money creation through credit is certainly the "cancer" that's irretrievably eroding market economies of private property.”

Facts Economy Creation Property Cancer Currents Credit Mechanism Exaggeration Private Property Market Economy

Author:Maurice Allais

“What vitiates entirely the socialists economic critique of capitalism is their failure to grasp the sovereignty of the consumers in the market economy.”

Economy Economic Capitalism Consumers Sovereignty Critique Market Economy

Author:Ludwig von Mises

“Government means always coercion and compulsion and is by necessity the opposite of liberty. Government is a guarantor of liberty and is compatible with liberty only if its range is adequately restricted to the preservation of economic freedom. Where there is no market economy, the best-intentioned provisions of constitutions and laws remain a dead letter.”

Source: Economic freedom and interventionism: an anthology of articles and essays

“Money has to undergo a metamorphosis again, it has to relinquish its role in the market economy and engage in an economy of capacities. Then we would be concerned with human creative productivity. And we would come full circle, since each human being can then act within his company as co-creator of the future, can - in full dignity - contribute to shaping this future.”

Humans Would Be Human Beings Company Roles Economy Creative Capacity Concerned Dignity Creator Productivity Circles Metamorphosis Market Economy Full Circle

Author:Joseph Beuys

“If we didn't have greed, market economies wouldn't be as innovative as they are. But in my view, greed has to be contained by the fear of losses, so there has to be a system where, if you take too much risk, you go into bankruptcy. You don't systematically bail out people who take excessive risks.”

People Ifs Loss Views Economy Too Much Risk Greed Innovative Bankruptcy Market Economy Bail

Author:Nouriel Roubini

“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.”

Knows States Character Form Natural Economy Democracy Capitalism Inequality Communism Inevitable Abandon Hypothesis Monstrous Market Economy Parliamentary Parliamentary Democracy

Author:Alain Badiou

“In a true free market economy, you can't make yourself rich without enriching your community.”

Community Economy Rich Free Market Market Economy Enriching

Author:Robert F. Kennedy, Jr.

“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.”

Faces Economy Economics Barriers Capitalist Efficiency Market Economy

Author:Amory Lovins

“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.”

People Mean Ends Use Economy Achieve Labor Essence Division Cooperation Market Economy Specialization

Author:Stephan Kinsella

“The thing that makes reading and writing suspect in the eyes of the market economy is that it's not corrupted.”

Writing Eye Reading Economy Suspects Reading And Writing Market Economy

Author:Richard Powers

“A term like capitalism is incredibly slippery, because there's such a range of different kinds of market economies.”

Kind Different Term Economy Capitalism Range Different Kinds Slippery Market Economy

Author:Naomi Klein

“Where there is no market economy, the best intentioned provisions of constitutions and laws remain a dead letter.”

Law Economy Letters Constitution Provision Market Economy Economic Freedom

Book:Economic freedom and interventionism: an anthology of articles and essays

Source: Economic freedom and interventionism: an anthology of articles and essays

“Servile labour disappeared because it could not stand the competition of free labour; its un-profitability sealed its doom in the market economy.”

Economy Competition Labour Doom Market Economy Profitability

Author:Ludwig von Mises

“We fought hard for socialism in a devastating war of independence and reunification. To build an affluent and prosperous society, we chose the path of a socialist market economy. We have achieved strong economic growth, and yet the sense of solidarity in our society has not been lost. This is very important to people.”

“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.”

Social Views Economy Empathy Ideals Accounts Democratic Tendencies Competitiveness Market Economy

Author:Frans de Waal

“To speak of 'limits to growth' under a capitalistic market economy is as meaningless as to speak of limits of warfare under a warrior society.”

Speak Growth Economy Limits Warrior Meaningless Warfare Market Economy Manipulative Multinationals

Author:Murray Bookchin

“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.”

Firsts Principles Economy Cost Degrees Fundamentals Producers Equity Sellers Buyers Market Economy

Author:David Korten

“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.”

People Individual Interest Economy Succeed Gains Advantage Market Economy

Author:Amartya Sen

“The trouble with a free market economy is that it requires so many policemen to make it work.”

Economy Trouble Free Market Policemen Market Economy

Author:Dean Acheson

“A famous, very often quoted phrase says: "That government is best, which governs least." I do not believe this to be a correct description of of the functions of a good government. Government ought to do all the things for which it is needed and for which it is established. Government ought to protect the individuals within the country against the violent and fraudulent attacks of gangsters, and it should defend the country against foreign enemies. These are the functions of government within a free system, within the system of the market economy.”

Should Believe Country Government Individual Enemy Economy Ought Needed Protect Function Violent Phrases Description Gangsters Market Economy

Book:Economic Policy: Thoughts for Today and Tomorrow

Source: Economic Policy: Thoughts for Today and Tomorrow

“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.”

Mean Doe Individual Social Simple Answers Economy Labor Division Cooperation Free Market Market Economy Division Of Labor Social Division

Author:Ludwig von Mises

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