Free Market Quotes - Page 12

• The policy of letting the free market determine the height of wage rates is the only reasonable and successful full-employment policy.

  Ludwig von Mises

  Successful, Employment, Height

  Ludwig Von Mises, Murray Newton Rothbard (1980). “Planning for freedom, and sixteen other essays and addresses”, Libertarian Press, Incorporated

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• America's universities are filled with economically ignorant haters of the free market, so university campuses have become major forums for union denunciations of such companies as Nike, Wal-mart, and others. Faculty and students claim to be concerned about 'social justice,' but they are simply being used as dupes by unions who are not at all concerned with justice of any sort. Rather, their main concern is increasing the coffers of union treasuries by driving non-union competitors from the market.

  Thomas DiLorenzo

  Nike, America, Justice

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• A vital function of the free market is to penalize inefficiency and misjudgment and to reward efficiency and good judgment. By distorting economic calculations and creating illusory profits, inflation will destroy this function.

  Henry Hazlitt

  Creating, Rewards, Judgment

  Henry Hazlitt (1971). “Man Vs. the Welfare State”, p.133, Ludwig von Mises Institute

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• As the consumer is the public general, without distinction of rank or fortune, the free market is the most obvious expression of the sovereignty of the people and the best guarantee of democracy.

  Faustino Ballve

  Expression, People, Democracy

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• A minimum-wage law, a law that prevents employers and employees from entering into mutually beneficial economic exchanges, is as far from a free market or free enterprise as one can get. That's why it causes so much damage and destruction, especially to black teenagers and others whose labor, for one reason or another, is valued by employers at less than the government-established minimum wage.

  Jacob G. Hornberger

  Teenager, Government, Law

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• One of the most important features of our economic resources is their scarcity: land, labor, and capital goods factors are all scarce, and may all be put to various possible uses. The free market uses them 'productively' because the producers are guided, on the market, to produce what the consumers most need: automobiles, for example, rather than buggies.

  Murray Rothbard

  Land, Important, Example

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• Almost everything wrong with our health care system comes from government interference with the free market. If the health care system is broken, then fix it. Don't try to invent a new one premised on all the bad ideas that are causing problems in the first place.

  Ann Coulter

  Government, Ideas, Broken

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• Free markets are based on the free circulation of labor. If you don't have free circulation of labor, you don't have free markets.

  Noam Chomsky

  Circulation, Labor, Ifs

  "Noam Chomsky: Drug Cartels and the Growing Border War". Interview with Luis Fernando Cárdenas, chomsky.info. August 15, 2011.

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• Capitalism is not only a better form of organizing human activity than any deliberate design, any attempt to organize it to satisfy particular preferences, to aim at what people regard as beautiful or pleasant order, but it is also the indispensable condition for just keeping that population alive which exists already in the world. I regard the preservation of what is known as the capitalist system, of the system of free markets and the private ownership of the means of production, as an essential condition of the very survival of mankind.

  Friedrich August von Hayek

  Beautiful, Mean, Order

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• The recurrence of periods of depression and mass unemployment has discredited capitalism in the opinion of injudicious people. Yet these events are not the outcome of the operation of the free market. They are on the contrary the result of well-intentioned but ill-advised government interference with the market.

  Ludwig von Mises

  Government, People, Liberty

  Ludwig von Mises (2015). “Middle of the Road Policy Leads to Socialism”, p.27, Ludwig von Mises Institute

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• Most of us at the Reserve Bank come from a background in economics and hence have a predisposition in favour of free markets and a sceptical attitude towards intervention in those markets unless there is a clearly defined economic rationale for it.

  Ian Macfarlane

  Attitude, Freedom, Favour

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• Under the rule of the "free market" ideology, we have gone through two decades of an energy crisis without an effective energy policy. Because of an easy and thoughtless reliance on imported oil, we have no adequate policy for the conservation of gasoline and other petroleum products. We have no adequate policy for the development or use of other, less harmful forms of energy. We have no adequate system of public transportation.

  Wendell Berry

  Two, Oil, Energy

  Wendell Berry (1993). “Sex, Economy, Freedom & Community: Eight Essays”, Pantheon

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• I thought of myself as an atheist until I realized it was a belief, too. It's a shame everything has to have a label. I feel that if I was figuratively dropped on the Earth and there was a political line, I would be just left of center. The difference for me is that conservatives are more interested in property values and rights and free markets, and liberals are more interested in human rights. In the end, there are people who don't fit into the marketplace and are not equipped. I believe the government should step in where the free market fails.

  George Carlin

  Atheist, Business, Believe

  Las Vegas CityLife, August 09, 2007.

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• The economic miracle that has been the United States was not produced by socialized enterprises, by government-unon-industry cartels or by centralized economic planning. It was produced by private enterprises in a profit-and-loss system. And losses were at least as important in weeding out failures, as profits in fostering successes. Let government succor failures, and we shall be headed for stagnation and decline.

  Milton Friedman

  Letting Go, Weed, Loss

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• Unlike Marxists, conservatives they don't want to control anything. We believe in individualism, self-reliance, rugged individualism, and we trust people that in free markets and free circumstances they will do the best to improve themselves and their families. We want as few controls on them as possible. We love everybody, and we want the best for everybody, and we believe people should be free to use whatever talent and ambition and desire they have to achieve whatever they want.

  Rush Limbaugh

  Believe, Ambition, People

  Source: www.rushlimbaugh.com

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• The nature of the economic system should be a matter for public choice, and free market capitalism should not be accepted without any discussion of the rich variety of alternatives ... Unlike civil laws, economic laws are imposed on people with all the authority of immutable laws of nature. But the economy is created by people, supported by government intervention, regulation, statute and subsidy, and implemented in such a way that it gives substantial wealth and power to a privileged few, while the majority face a life of relentless work, stress and periodic financial insecurity.

  Tony Benn

  Stress, Acceptance, Government Intervention

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• We all too often have socialism for the rich and rugged free market capitalism for the poor.

  Martin Luther King, Jr.

  African American, Baptists, Socialism

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• The reason this system can’t be overthrown in this country,” Walter said, “is all about freedom. The reason the free market in Europe is tempered by socialism is that they’re not so hung up on personal liberties there. They also have lower population growth rates, despite comparable income levels. The Europans are all-around more rational, basically. And the conversation about rights in this country isn’t rational. It’s taking place on the level of emotion, and class resentments, which is why the right is so good at exploiting it.

  Jonathan Franzen

  Country, Rights, Europe

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• The Western societies which espouse free market capitalism survive by the pursuit of greed and, in their own way, like Communism, throw into leadership men and women (mostly men) who know how to gain, exert and manipulate power.

  Davis McCaughey

  Leadership, Business, Men

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• People have a hard time accepting free-market economics for the same reason they have a hard time accepting evolution: it is counterintuitive. Life looks intelligently designed, so our natural inclination is to infer that there must be an intelligent designer--a God. Similarly, the economy looks designed, so our natural inclination is to infer that we need a designer--a government. In fact, emergence and complexity theory explains how the principles of self-organization and emergence cause complex systems to arise from simple systems without a top-down designer.

  Michael Shermer

  Intelligent, Simple, Hard Times

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• Comedy is taken care of by a free market.

  Penn Jillette

  Taken, Care, Comedy

  "Biography / Personal Quotes". www.imdb.com.

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• I think that there is absolutely no free market in modern industrial states.

  Jeane Kirkpatrick

  Thinking, Modern, States

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• The free market is ugly and stupid, like going to the mall; the unfree market is just as ugly and just as stupid, except there is nothing in the mall and if you don't go there they shoot you.

  P. J. O'Rourke

  Stupid, Ugly, Malls

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• Conservatism vests in and depends on the widespread, informed understanding of human nature, self-governance and the First Principle of Progress: free people interacting in free markets produce the greatest good for the greatest number always, but only, when tethered to virtue and morality.

  Mary Matalin

  Self, Numbers, People

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• It's really interesting that we've had this great Tea Party movement that is all about restoring free market capitalist values, but what they completely fail to understand is that what we've got now is a situation where there is a small class of gigantic financial companies that have put themselves above capitalism.

  Matt Taibbi

  Party, Class, Interesting

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