Regulated Market Quotes

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.

The market is a brilliant system for the exchange of goods and services, but it doesn't protect the environment unless it's regulated, it doesn't train your workforce unless it's regulated, and it doesn't give you the long-term investment you want.

I'll tell you what I'd do if it were up to me: I would establish a strictly controlled distribution network through which I would make most drugs, excluding the most dangerous ones like crack, legally available. Initially I would keep the prices low enough to destroy the drug trade. Once that objective was attained I would keep raising the prices, very much like the excise duty on cigarettes, but I would make an exception for registered addicts in order to discourage crime. I would use a portion of the income for prevention and treatment. And I would foster social opprobrium of drug use.

The overly engineered, overly regulated market that Obamacare created resulted in restrictive health care plans that provide little choice, and coverage that is far too costly for what the plans offer.

The 'free market' is the product of laws and rules continuously emanating from legislatures, executive departments, and courts.

Either we have the government forcing us and telling us what we have to do, where we have to do it and how much we have to pay for it or we put ourselves in charge - we as consumers, as patients.

I do not believe that marijuana is a gateway drug, and having been a mayor trying to keep my community safe, if there was any drug that was driving violence, more than marijuana, it was alcohol which is legal. And so I just don't think this is a gateway drug. And by the way, if you regulate it you're actually going to overcome a lot of problems with people having to go to the streets to buy their drug. You don't know how dangerous that is.

The concept of free competition enforced by law is a grotesque contradiction in terms.