Market Economy Quotes

• I think Russians today have a distorted picture of capitalism, liberal democracy and market economy.

  Garry Kasparov

  Thinking, Eyebrows, Democracy

  60 Copy quote

• The free market economy is supposed to be the only path leading to the happiness of humanity by promoting wealth and prosperity, power and influence of nations.

  Omar Bongo

  Happiness, Humanity, Path

  55 Copy quote

• There is no pure free-market economy.

  Jeane Kirkpatrick

  Economy, Free Market, Pure

  51 Copy quote

• Let me say again that the relationship is asymmetrical: there's no democracy without a market economy, but you can have a market economy without democracy.

  Peter L. Berger

  Democracy, Economy, Let Me

  51 Copy quote

• It's a market economy. Apparently the demand for great coaches exceeds the supply, so of course the price of good coaches is going to be high.

  Michael Gartner

  Demand, Economy, Good Coaches

  51 Copy quote

• I think a major cause of present Asian economic difficulties that mainly come from, you know, lack of market economy.

  Kim Dae-jung

  Thinking, Causes, Asian

  52 Copy quote

• 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.

  Ludwig von Mises

  Mean, Government, Law

  Ludwig Von Mises (1990). “Economic freedom and interventionism: an anthology of articles and essays”

  52 Copy quote

  Show source

• Having seen a non-market economy, I suddenly understood much better what I liked about a market economy.

  Esther Dyson

  Economy, Understood

  "On the Frontier". Interview with Virginia Postrel, reason.com. October, 1996.

  51 Copy quote

  Show source

• Since achieving their independence in 1992, the people of Croatia have built a democratic society based on the rule of law, respect for human rights, and a free market economy.

  Elton Gallegly

  Rights, Law, People

  65 Copy quote

• So in Asia I want to make - I want to succeed to make a model of what success, practicing democracy, and market economy. Then that will give a good influence over Asian countries.

  Kim Dae-jung

  Country, Giving, Democracy

  52 Copy quote

• In the 19th century, a lot of people were against outlawing child labour, because to do so would be against the very foundations of a free market economy: 'These children want to work, these people want to employ them... what is your problem? It's not as if anyone has kidnapped them...'

  Brian Eno

  Children, People, Would Be

  51 Copy quote

• We, the Social Democrats, are convinced that capitalism needs to be tamed a second time. The first time we achieved that in Germany for many decades with the social market economy. That is no longer enough. Now we need to do it in Europe and even globally.

  Sigmar Gabriel

  Europe, Germany, Needs

  51 Copy quote

• In Germany it is good if as many people as possible join initiatives and peaceful demonstrations against the rule of the financial markets. Worshipping the unfettered freedom of global markets has brought the world to the brink of ruin. We now need social and ecological rules for the market economy.

  Sigmar Gabriel

  People, Peaceful, Ruins

  51 Copy quote

• Underlying most arguments against the free market is a lack of belief in freedom itself.

  Milton Friedman

  Freedom, Liberty, Libertarian

  Milton Friedman, Rose D. Friedman (2002). “Capitalism and Freedom: Fortieth Anniversary Edition”, p.15, University of Chicago Press

  135 Copy quote

  Show source

• Some people continue to defend trickle-down theories which assume that economic growth, encouraged by a free market, will inevitably succeed in bringing about greater justice and inclusiveness in the world. This opinion, which has never been confirmed by the facts, expresses a crude and naive trust in the goodness of those wielding economic power and in the sacralized workings of the prevailing economic system.

  Pope Francis

  Economic Inequality, Justice, People

  "The Joy of the Gospel: Evangelii Gaudium". Book by Pope Francis, w2.vatican.va. November 26, 2013.

  58 Copy quote

  Show source

• 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.

  Milton Friedman

  Thinking, People, Giving

  Milton Friedman, Rose D. Friedman (2002). “Capitalism and Freedom: Fortieth Anniversary Edition”, p.15, University of Chicago Press

  53 Copy quote

  Show source

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

  Milton Friedman

  Freedom, Business, Party

  38 Copy quote

• Nobody spends somebody else's money as carefully as he spends his own.

  Milton Friedman

  Free Market, Economy And Economics, Private Property

  Milton Friedman (1990). “Friedman in China”

  24 Copy quote

  Show source

• Nobody spends somebody else's money as carefully as he spends his own. Nobody uses somebody else's resources as carefully as he uses his own. So if you want efficiency and effectiveness, if you want knowledge to be properly utilized, you have to do it through the means of private property.

  Milton Friedman

  Wisdom, Knowledge, Mean

  57 Copy quote

• The market economy is very good at wealth creation but not perfect at all about wealth distribution.

  Jonathan Sacks

  Perfect, Wealth Creation, Economy

  10 Copy quote

• The system of capitalism, of the market economy, is a system of freedom, of justice, of productivity. But these three virtues cannot be separated. Each flows out of the other.

  Henry Hazlitt

  Justice, Three, Flow

  8 Copy quote

• The market economy-capitalism-is a social system of consumers' supremacy.

  Ludwig von Mises

  Economy, Social, Supremacy

  Ludwig Von Mises (1990). “Money, method, and the market process: essays”, Ludwig von Mises Institute

  6 Copy quote

  Show source

• The Welfare State is merely a method for transforming the market economy step by step into socialism.

  Ludwig von Mises

  Steps, Socialism, Welfare

  5 Copy quote

• No one spends someone elses money as carefully as he spends his own.

  Mark Skousen

  Free Market, Economy And Economics, Private Property

  Mark Skousen (2013). “Economic Logic Fourth Edition”, p.674, Regnery Publishing

  6 Copy quote

  Show source

• 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.

  Milton Friedman

  Freedom, Government, Opening Up

  83 Copy quote