Market Economy Quotes

I know that some people in the U.S. associate the nordic model with some sort of socialism. Therefore, I would like to make one thing clear. Denmark is far from a socialist planned economy. Denmark is a market economy.

If socialists understood economics, they wouldn't be socialist.

Capitalism is the fullest expression of anarchism, and anarchism is the fullest expression of capitalism.

The main enemy of the open society, I believe, is no longer the communist but the capitalist threat.

What is called 'capitalism' might more accurately be called consumerism. It is the consumers who call the tune, and those capitalists who want to remain capitalists have to learn to dance to it.

If government manages to establish paper tickets or bank credit as money, as equivalent to gold grams or ounces, then the government, as dominant money-supplier, becomes free to create money costlessly and at will. As a result, this 'inflation' of the money supply destroys the value of the dollar or pound, drives up prices, cripples economic calculation, and hobbles and seriously damages the workings of the market economy.

To economists, prices serve as crucial signals to producers and consumers. In a regulated market, the state sets prices high enough for private companies to cover their costs and earn a guaranteed profit for their investors. But in a deregulated market, prices should vary with demand and supply.

China has seen a great deal of economic progress. It's certainly rather of a miracle. The growing role of the market in the economy will force China to open up its political system over time and to move toward a more democratic society. So taken as a whole, the one real failure in this whole business has been Russia.

I don't believe government should take over, you know, the grocery store down the street or own the means of production.

Capitalism is not a perfect system. It may be better than all the other systems, but it's not a perfect system.

Political freedom cannot exist without economic freedom; a free mind and a free market are corollaries.

China adopted a capitalist system in the 1980s, and they went from a 60% poverty rate to 10%.

Free-market capitalism is a network of free and voluntary exchanges in which producers work, produce, and exchange their products for the products of others through prices voluntarily arrived at.

Global capitalism is simply accepted as a fact that you cannot do anything about. The only question is, Will you accommodate yourself to it, or will you be dismissed and excluded?

We need open, competitive, market economies... but at the same time with effective regulation and supervision.

What a country wants to make it richer is never consumption, but production. Where there is the latter, we may be sure that there is no want of the former. To produce, implies that the producer de_sires to consume; why else should he give himself useless labor? He may not wish to consume what he himself produces, but his motive for producing and selling is the desire to buy. Therefore, if the producers generally produce and sell more and more, they certainly also buy more and more.

In a capitalist society, all human relationships are voluntary.

The great virtue of a free market system is that it does not care what color people are; it does not care what their religion is; it only cares whether they can produce something you want to buy. It is the most effective system we have discovered to enable people who hate one another to deal with one another and help one another.

I like free markets, but I do like fair markets.

Capitalism works.

Markets are smart and governments are dumb.

Prior to capitalism, the way people amassed great wealth was by looting, plundering and enslaving their fellow man. Capitalism made it possible to become wealthy by serving your fellow man.

Ultimately, the success of America's market economy depends on trust. This includes trust between buyers and sellers, between lenders and borrowers, and between investors and the companies in which they invest.

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

You must distinguish sharply between being pro free enterprise and being pro business.