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6c9df28
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A market economy is to economics what democracy is to government: a decent, if flawed, choice among many bad alternatives.
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free-market
markets
economics
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Charles Wheelan |
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46513e6
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Given a choice between patterns of subsistence that are relatively unfavorable to the cultivator but which yield a greater return in manpower or grain to the state and those patterns that benefit the cultivator but deprive the state, the ruler will choose the former every time. The ruler, then, maximizes the state-accessible product, if necessary, at the expense of the overall wealth of the realm and its subjects.
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centralization
free-market
taxation
economics
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James C. Scott |
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62a4128
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"Social responsibility is a fundamentally subversive doctrine" in a free society, and have said that in such a society, "there is one and only one social responsibility of business-to use it resources and engage in activities designed to increase its profits so long as it stays within the rules of the game, which is to say, engages in open and free competition without deception or fraud."
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free-market
economics
ethics
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Milton Friedman |
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44f82cc
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We preach about capitalism and the beauty of unfettered market forces determining price--but not when it comes to gas. When it comes to gas, we need it cheap, and the president had better get it for us, or else, we don't care how.
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politics
gas-prices
free-market
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Bill Maher |
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dee4758
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One economic problem is especially acute here: Unemployment ... Most of the other problems, the ones that create a sense of crisis, are anticipatory. They grow out of the fear that the right-wing government's tentative attempts at reform will eventually corral France into an 'Anglo-Saxon' economy, where an unleashed free market will make everybody do awful jobs for no money, forever. - 71
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work
free-market
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Adam Gopnik |