Free Market Quotes - Page 14

• It is a free market that makes monopolies impossible.

  Ayn Rand

  Liberty, Libertarian, Impossible

  Ayn Rand, Nathaniel Branden, Alan Greenspan, Robert Hessen (1986). “Capitalism: The Unknown Ideal”, p.66, Penguin

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• Yes, free markets tend to produce unequal incomes. We should not be ashamed of that. On the contrary, our system is the envy of the world and should be a source of pride.

  Arthur C. Brooks

  Pride, Envy, Income

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• The War on Drugs employs millions - politicians, bureaucrats, policemen, and now the military - that probably couldn't find a place for their dubious talents in a free market, unless they were to sell pencils from a tin cup on street corners.

  L. Neil Smith

  Military, War, Drug

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• What most people really object to when they object to a free market is that it is so hard for them to shape it to their own will. The market gives people what the people want instead of what other people think they ought to want. At the bottom of many criticisms of the market economy is really lack of belief in freedom itself.

  Milton Friedman

  Thinking, Giving, People

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• The government can't create jobs; they'll destroy jobs trying to do it. The government doesn't have any money; all they have is a printing press. We need to free markets to create jobs; if the government wants to help, they should reduce their burden on the economy.

  Peter Schiff

  Jobs, Government, Trying

  "Jobs Are Disappearing Fast: Is There Any Relief in Sight?; U.S. Automakers Looking for $34 Billion on Capitol Hill; How to Keep Your Jobs and How to Get a Job". "Your Money", edition.cnn.com. December 6, 2008.

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• Remember, aid cannot achieve the end of poverty. Only homegrown development base on the dynamism of individuals and firms in free markets can do that.

  William Easterly

  Development, Poverty, Remember

  William Easterly (2006). “The White Man's Burden: Why the West's Efforts to Aid the Rest Have Done So Much Ill and So Little Good”, p.324, Penguin

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• I certainly think the free-market has failed.

  Hillary Clinton

  Thinking

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• Those who believe that liberal democracy and the free market can be defended by the force of law and regulation alone, without an internalised sense of duty and morality, are tragically mistaken.

  Jonathan Sacks

  Believe, Law, Democracy

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• ... As long as you continue to tar social democracy with all the crimes of communism, I feel equally entitled to tar the free market with the crimes of slavery, segregation, colonialism and genocide; piss me off and I'll add fascism and the Nazis.

  Greg Erwin

  Long, Democracy, Colonialism

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• 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

  Events, Causes, Economy

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• It's a real enigma why people are so averse to real free market capitalism even now. Here we are, in the century that has seen Lenin, Stalin, Mao, Hitler, Castro, Pol Pot-and we're still being warned against the 'robber barons' of the 19th century. I don't know that Jay Gould or John D. Rockefeller ever killed anyone. The State has killed countless people, and yet we're always supposed to remain on guard against these 'greedy villains' of yesteryear.

  Joseph Sobran

  Real, People, John D Rockefeller

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• If you destroy a free market you create a black market.

  Winston Churchill

  Black, Ifs

  Sir Winston Churchill (1954). “Sir Winston Churchill: a self-portrait”

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• The control of the production of wealth is the control of human life itself.

  Hilaire Belloc

  Liberty, Libertarian, Wealth

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• I support freedom and I support a free market economy, but it should be a socially oriented market economy. I support globalization, but it should be globalization with a human face.

  Mikhail Gorbachev

  Support, Faces, Globalization

  Interview with Amitabh Pal, www.sharedhost.progressive.org. November 12, 2003.

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• The free market hasn't done a very good job "figuring out" how to pay workers enough. If it was solely up to the market, the people with the least power would be paid pennies ... or less.

  David Rolf

  Jobs, People, Pennies

  Source: www.truth-out.org

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• We see threats to liberal democracy coming from lots of directions. We have to create something new, a common response, because in so many places - the UK, France, Germany - ultranationalists and the far left threaten the free market and liberal democracy.

  Garry Kasparov

  Democracy, Common, Something New

  Source: www.gq-magazine.co.uk

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• The way to maximize production is to maximize the incentives to production. And the way to do that, as the modern world has discovered, is through the system known as capitalism - the system of private property, free markets, and free enterprise.

  Henry Hazlitt

  World, Incentives, Way

  Henry Hazlitt (1971). “Man Vs. the Welfare State”, p.95, Ludwig von Mises Institute

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• Now a great debate has been born. The thesis is Democratic Socialism. The antithesis is free-market capitalism. The Obama Democrats have posed the challenge. It is now up to the Republicans to pick it up and fight along these lines.

  Dick Morris

  Fighting, Democratic Socialism, Challenges

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• I find it quite useful to think of a free-market economy - or partly free market economy - as sort of the equivalent of an ecosystem. Just as animals flourish in niches, people who specialize in some narrow niche can do very well.

  Charlie Munger

  Animal, Thinking, Ecosystems

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• The theory of the determination of wages in a free market is simply a special case of the general theory of value. Wages are the price of labour.

  Sir John Richard Hicks

  Determination, Business, Special

  Sir John Richard Hicks (1963). “The theory of wages”

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• The second part of the New Right's policy package has been the belief that free-market solutions are always best. It is this latter view which is profoundly mistaken. Markets and profits are crucial, but the pure free-market model itself is deeply flawed.

  Paul Ormerod

  Views, Belief, Profit

  "The Death of Economics". Book by Paul Ormerod, 1994.

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• Say that Congress legislates gasoline price controls that sets a maximum price of $1 a gallon. As sure as night follows day, there'd be long lines and gasoline shortages, just as there were in the 1970s. For the average consumer, a $1.60 a gallon selling price and no waiting lines is a darn sight cheaper than a controlled $1 a gallon price plus searching for a gasoline station that has gas and then waiting in line. If your average purchase is 10 gallons, and if an hour or so of your time is worth more that $6, the $1.60 a gallon free market price is cheaper.

  Walter E. Williams

  Night, Sight, Average

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• Free market capitalism is far more than economic theory. It is the engine of social mobility-the highway to the American Dream.

  George W. Bush

  Dream, Mobility, Politics

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• The pillars of classical liberalism call for flat taxes, with revenues put to limited uses; strong property rights; and free markets.

  Richard Allen Epstein

  Strong, Rights, Use

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• The basic principles of democracy should be observed whatever the country - principles such as civil liberties, a free market, a free press, the priority of the individual over mythical state interests, a state which serves the interests of ordinary people and defends their rights and interests. This is all easy to say but hard to make reality.

  Vladimir Putin

  Country, Reality, Rights

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