Louis Navellier Quotes

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

It's called political economy because it is has nothing to do with either politics or economy.

If people can keep track of all the celebrity gossip, there's no reason we can't also assimilate the key concepts of economic philosophy.

There is no pure free-market economy.

A basic contradiction between socialism and the market economy does not exist.

I started out by viewing the marketplace as a cruel place, where you need intervention by government and lawyers to protect people. But after watching the regulators work, I have come to believe that markets are magical and the best protectors of the consumer. It is my job to explain the beauties of the free market.

When people are desperate or wealthy, they turn to socialism; only when they have no other alternative do they embrace the free market. After all, lies about guaranteed security are far more seductive than lectures about personal responsibility.

We want a free market, but we know that the paradox of a 'free' market is that sometimes you have to intervene. You have to make sure it's not the law of the jungle but the laws of democracy that works.

I support social market economy. But it only works if there is fair competition.

If you bail out every investment bank that gets in trouble, that's not capitalism, that's socialism for the rich

The laissez-faire argument relies on the same tacit appeal to perfection as does communism.

Liberalism and capitalism address themselves to the cool, well-balanced mind. They proceed by strict logic, eliminating any appeal to the emotions. Socialism, on the contrary, works on the emotions, tries to violate logical considerations by rousing a sense of personal interest and to stifle the voice of reason by awakening primitive instincts.

Capitalism works better than it sounds, while socialism sounds better than it works.

Americans mythologize competition and credit it with saving us from socialist bread lines. Actually, capitalism and competition are opposites. Capitalism is premised on the accumulation of capital, but under perfect competition, all profits get competed away.

Our elected officials would do well to remember that the most prosperous countries are those that allow consumers - not governments - to direct the use of resources. Allowing the government to pick winners and losers hurts almost everyone, especially our poorest citizens.

To put it bluntly, there isn't one economic theory that can single-handedly explain Singapore's success; its economy combines extreme features of capitalism and socialism. All theories are partial; reality is complex.

In human life, economics precedes politics or culture.

The paradigm of competition is a race: by rewarding the winner, we encourage everyone to run faster. When capitalism really works this way, it does a good job; but its defenders are wrong in assuming it always works this way.

We no longer have a free market in the United States, we have a government controlled free market.

The reason socialism has failed around the world every time it's been tried is because people in socialist countries have looked at the United States and have said if they can have it that good, we can. It's a failed, flawed ideology, but if you ask socialists why it's always failed, it's because the United States has stood in the way.

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

Markets that don't work we're going to step away from.

There's not a single country that actually approaches economics in a pure, free market, capitalist way. I like the free market - but it very much exists only in textbooks. If I had a choice, and we could live in a very pure world, I would be a supporter of the free markets.

Socialism states that you owe me something simply because I exist. Capitalism, by contrast, results in a sort of reality-forced altruism: I may not want to help you, I may dislike you, but if I don't give you a product or service you want, I will starve. Voluntary exchange is more moral than forced redistribution.

When the government gets involved in pricing, I don't think it's the right way to look at a business.