--- title: "9 Markets Work Quotes by 8 authors" description: "Browse 9 Markets Work quotes by 8 authors. Discover the best Markets Work sayings and thoughts." image: "https://sms4smile.com/quotes/i/049/kenneth-c-griffin-9524_best_our-financial-markets-work-best-when-the_807419.jpg" --- > [Our financial markets work best when they are competitive, fair, and transparent.](https://sms4smile.com/quotes/kenneth-c-griffin/our-financial-markets-work-best-when-they-are-competitive-fair-and/) [Kenneth C. Griffin](https://sms4smile.com/quotes/author/kenneth-c-griffin/) [Image](https://sms4smile.com/quotes/i/049/kenneth-c-griffin-9524_best_our-financial-markets-work-best-when-the_807419.jpg) > [When our markets work, people throughout our economy benefit - Americans seeking to buy a car or buy a home, families borrowing…](https://sms4smile.com/quotes/henry-paulson/when-our-markets-work-people-throughout-our-economy-benefit-americans/) [Henry Paulson](https://sms4smile.com/quotes/author/henry-paulson/) [Image](https://sms4smile.com/quotes/i/551/henry-paulson-2282_american_when-our-markets-work-people-throughout_3204720.png) > [The Federal Reserve has always recognized the importance of allowing markets to work, and government oversight of financial firms will never be…](https://sms4smile.com/quotes/ben-bernanke/the-federal-reserve-has-always-recognized-the-importance-of-allowing/) [Ben Bernanke](https://sms4smile.com/quotes/author/ben-bernanke/) [Image](https://sms4smile.com/quotes/i/368/ben-bernanke-1388_customer_the-federal-reserve-has-always-recognize_3039914.jpg) > [Markets work when people can evaluate the prices and risks of different products, then pick the ones that work best for them.…](https://sms4smile.com/quotes/elizabeth-warren/markets-work-when-people-can-evaluate-the-prices-and-risks-of/) [Elizabeth Warren](https://sms4smile.com/quotes/author/elizabeth-warren/) [Image](https://sms4smile.com/quotes/i/eb2/elizabeth-warren-879_best_markets-work-when-people-can-evaluate-th_1908898.png) > [As someone with a deep faith in competition and the market, I also know that markets only work with tough enforcement of…](https://sms4smile.com/quotes/eliot-spitzer/as-someone-with-a-deep-faith-in-competition-and-the-market-i-also/) [Eliot Spitzer](https://sms4smile.com/quotes/author/eliot-spitzer/) [Image](https://sms4smile.com/quotes/i/f55/eliot-spitzer-8630_amount_as-someone-with-a-deep-faith-in-competit_772720.png) > [I started in business journalism from the outside, so when I started writing about markets and business, I was struck by the…](https://sms4smile.com/quotes/james-surowiecki/i-started-in-business-journalism-from-the-outside-so-when-i-started/) [James Surowiecki](https://sms4smile.com/quotes/author/james-surowiecki/) [Image](https://sms4smile.com/quotes/i/1cc/james-surowiecki-2196_business_i-started-in-business-journalism-from-th_1568348.png) > [I disagree with the followers of Marx and those of Adam Smith: the reason free markets work is because they allow people…](https://sms4smile.com/quotes/nassim-nicholas-taleb/i-disagree-with-the-followers-of-marx-and-those-of-adam-smith-the/) [Nassim Nicholas Taleb](https://sms4smile.com/quotes/author/nassim-nicholas-taleb/) [Image](https://sms4smile.com/quotes/i/69a/nassim-nicholas-taleb-352_adam_i-disagree-with-the-followers-of-marx-an_2067851.png) > ["Free markets" is a very general term. There are all sorts of problems that will emerge. Free markets work best when the…](https://sms4smile.com/quotes/milton-friedman/free-markets-is-a-very-general-term-there-are-all-sorts-of-problems/) [Milton Friedman](https://sms4smile.com/quotes/author/milton-friedman/) [Image](https://sms4smile.com/quotes/i/32c/milton-friedman-616_between-you-and-me_free-markets-is-a-very-general-term-ther_498674.png) > [Markets work best when there's lots of information available and a historical track record to go on; they excel at predicting things…](https://sms4smile.com/quotes/james-surowiecki/markets-work-best-when-there-s-lots-of-information-available-and-a/) [James Surowiecki](https://sms4smile.com/quotes/author/james-surowiecki/) [Image](https://sms4smile.com/quotes/i/1fd/james-surowiecki-2196_available_markets-work-best-when-there-s-lots-of-i_238279.png) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "ItemList", "@id": "https://sms4smile.com/quotes/about/markets-work/#itemlist", "name": "Markets Work Quotes", "numberOfItems": 9, "itemListElement": [ { "@type": "ListItem", "position": 1, "item": { "@type": "Quotation", "text": "Our financial markets work best when they are competitive, fair, and transparent.", "creator": { "@type": "Person", "name": "Kenneth C. Griffin" }, "url": "https://sms4smile.com/quotes/kenneth-c-griffin/our-financial-markets-work-best-when-they-are-competitive-fair-and/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/049/kenneth-c-griffin-9524_best_our-financial-markets-work-best-when-the_807419.jpg", "contentUrl": "https://sms4smile.com/quotes/i/049/kenneth-c-griffin-9524_best_our-financial-markets-work-best-when-the_807419.jpg", "url": "https://sms4smile.com/quotes/i/049/kenneth-c-griffin-9524_best_our-financial-markets-work-best-when-the_807419.jpg", "width": 1080, "height": 1080, "caption": "“Our financial markets work best when they are competitive, fair, and transparent.” — Kenneth C. Griffin", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 2, "item": { "@type": "Quotation", "text": "When our markets work, people throughout our economy benefit - Americans seeking to buy a car or buy a home, families borrowing to pay for college, innovators borrowing on the strength of a good idea for a new product or technology, and businesses financing investments that create new jobs.", "creator": { "@type": "Person", "name": "Henry Paulson" }, "url": "https://sms4smile.com/quotes/henry-paulson/when-our-markets-work-people-throughout-our-economy-benefit-americans/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/551/henry-paulson-2282_american_when-our-markets-work-people-throughout_3204720.png", "contentUrl": "https://sms4smile.com/quotes/i/551/henry-paulson-2282_american_when-our-markets-work-people-throughout_3204720.png", "url": "https://sms4smile.com/quotes/i/551/henry-paulson-2282_american_when-our-markets-work-people-throughout_3204720.png", "width": 1080, "height": 1080, "caption": "“When our markets work, people throughout our economy benefit - Americans seeking to buy a car or buy a home…” — Henry Paulson", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 3, "item": { "@type": "Quotation", "text": "The Federal Reserve has always recognized the importance of allowing markets to work, and government oversight of financial firms will never be fully effective without the aid of strong market discipline.", "creator": { "@type": "Person", "name": "Ben Bernanke" }, "url": "https://sms4smile.com/quotes/ben-bernanke/the-federal-reserve-has-always-recognized-the-importance-of-allowing/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/368/ben-bernanke-1388_customer_the-federal-reserve-has-always-recognize_3039914.jpg", "contentUrl": "https://sms4smile.com/quotes/i/368/ben-bernanke-1388_customer_the-federal-reserve-has-always-recognize_3039914.jpg", "url": "https://sms4smile.com/quotes/i/368/ben-bernanke-1388_customer_the-federal-reserve-has-always-recognize_3039914.jpg", "width": 1080, "height": 1080, "caption": "“The Federal Reserve has always recognized the importance of allowing markets to work, and government…” — Ben Bernanke", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 4, "item": { "@type": "Quotation", "text": "Markets work when people can evaluate the prices and risks of different products, then pick the ones that work best for them. But when the terms of the deal are hidden, competition doesn't work. And customers aren't the only ones who are hurt.", "creator": { "@type": "Person", "name": "Elizabeth Warren" }, "url": "https://sms4smile.com/quotes/elizabeth-warren/markets-work-when-people-can-evaluate-the-prices-and-risks-of/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/eb2/elizabeth-warren-879_best_markets-work-when-people-can-evaluate-th_1908898.png", "contentUrl": "https://sms4smile.com/quotes/i/eb2/elizabeth-warren-879_best_markets-work-when-people-can-evaluate-th_1908898.png", "url": "https://sms4smile.com/quotes/i/eb2/elizabeth-warren-879_best_markets-work-when-people-can-evaluate-th_1908898.png", "width": 1080, "height": 1080, "caption": "“Markets work when people can evaluate the prices and risks of different products, then pick the ones that…” — Elizabeth Warren", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 5, "item": { "@type": "Quotation", "text": "As someone with a deep faith in competition and the market, I also know that markets only work with tough enforcement of the rules that guarantee competition and fair play - and that the pressure to break those rules only gets stronger as the amount of money involved gets larger.", "creator": { "@type": "Person", "name": "Eliot Spitzer" }, "url": "https://sms4smile.com/quotes/eliot-spitzer/as-someone-with-a-deep-faith-in-competition-and-the-market-i-also/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/f55/eliot-spitzer-8630_amount_as-someone-with-a-deep-faith-in-competit_772720.png", "contentUrl": "https://sms4smile.com/quotes/i/f55/eliot-spitzer-8630_amount_as-someone-with-a-deep-faith-in-competit_772720.png", "url": "https://sms4smile.com/quotes/i/f55/eliot-spitzer-8630_amount_as-someone-with-a-deep-faith-in-competit_772720.png", "width": 1080, "height": 1080, "caption": "“As someone with a deep faith in competition and the market, I also know that markets only work with tough…” — Eliot Spitzer", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 6, "item": { "@type": "Quotation", "text": "I started in business journalism from the outside, so when I started writing about markets and business, I was struck by the fact that markets seemed to work well even though people are often irrational, lack good information and are not perfect in the way they think about decisions.", "creator": { "@type": "Person", "name": "James Surowiecki" }, "url": "https://sms4smile.com/quotes/james-surowiecki/i-started-in-business-journalism-from-the-outside-so-when-i-started/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/1cc/james-surowiecki-2196_business_i-started-in-business-journalism-from-th_1568348.png", "contentUrl": "https://sms4smile.com/quotes/i/1cc/james-surowiecki-2196_business_i-started-in-business-journalism-from-th_1568348.png", "url": "https://sms4smile.com/quotes/i/1cc/james-surowiecki-2196_business_i-started-in-business-journalism-from-th_1568348.png", "width": 1080, "height": 1080, "caption": "“I started in business journalism from the outside, so when I started writing about markets and business, I…” — James Surowiecki", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 7, "item": { "@type": "Quotation", "text": "I disagree with the followers of Marx and those of Adam Smith: the reason free markets work is because they allow people to be lucky, thanks to aggressive trial and error, not by giving rewards or \"incentives\" for skill.", "creator": { "@type": "Person", "name": "Nassim Nicholas Taleb" }, "url": "https://sms4smile.com/quotes/nassim-nicholas-taleb/i-disagree-with-the-followers-of-marx-and-those-of-adam-smith-the/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/69a/nassim-nicholas-taleb-352_adam_i-disagree-with-the-followers-of-marx-an_2067851.png", "contentUrl": "https://sms4smile.com/quotes/i/69a/nassim-nicholas-taleb-352_adam_i-disagree-with-the-followers-of-marx-an_2067851.png", "url": "https://sms4smile.com/quotes/i/69a/nassim-nicholas-taleb-352_adam_i-disagree-with-the-followers-of-marx-an_2067851.png", "width": 1080, "height": 1080, "caption": "“I disagree with the followers of Marx and those of Adam Smith: the reason free markets work is because they…” — Nassim Nicholas Taleb", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 8, "item": { "@type": "Quotation", "text": "\"Free markets\" is a very general term. There are all sorts of problems that will emerge. Free markets work best when the transaction between two individuals affects only those individuals. Most often, a transaction between you and me affects a third party. That is the source of all problems for government. That is the source of all pollution problems, of the inequality problem. This reality ensures that the end of history will never come.", "creator": { "@type": "Person", "name": "Milton Friedman" }, "url": "https://sms4smile.com/quotes/milton-friedman/free-markets-is-a-very-general-term-there-are-all-sorts-of-problems/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/32c/milton-friedman-616_between-you-and-me_free-markets-is-a-very-general-term-ther_498674.png", "contentUrl": "https://sms4smile.com/quotes/i/32c/milton-friedman-616_between-you-and-me_free-markets-is-a-very-general-term-ther_498674.png", "url": "https://sms4smile.com/quotes/i/32c/milton-friedman-616_between-you-and-me_free-markets-is-a-very-general-term-ther_498674.png", "width": 1080, "height": 1080, "caption": "“\"Free markets\" is a very general term. There are all sorts of problems that will emerge. Free markets work…” — Milton Friedman", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 9, "item": { "@type": "Quotation", "text": "Markets work best when there's lots of information available and a historical track record to go on; they excel at predicting things like horse races, election outcomes, and box-office results. But they're bad at predicting things like who will be the next Supreme Court nominee, as that depends on the whim of the president.", "creator": { "@type": "Person", "name": "James Surowiecki" }, "url": "https://sms4smile.com/quotes/james-surowiecki/markets-work-best-when-there-s-lots-of-information-available-and-a/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/1fd/james-surowiecki-2196_available_markets-work-best-when-there-s-lots-of-i_238279.png", "contentUrl": "https://sms4smile.com/quotes/i/1fd/james-surowiecki-2196_available_markets-work-best-when-there-s-lots-of-i_238279.png", "url": "https://sms4smile.com/quotes/i/1fd/james-surowiecki-2196_available_markets-work-best-when-there-s-lots-of-i_238279.png", "width": 1080, "height": 1080, "caption": "“Markets work best when there's lots of information available and a historical track record to go on; they…” — James Surowiecki", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } } ] }, { "@type": "CollectionPage", "@id": "https://sms4smile.com/quotes/about/markets-work/#webpage", "url": "https://sms4smile.com/quotes/about/markets-work/", "name": "Markets Work Quotes", "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "mainEntity": { "@id": "https://sms4smile.com/quotes/about/markets-work/#itemlist" }, "primaryImageOfPage": { "@id": "https://sms4smile.com/quotes/i/049/kenneth-c-griffin-9524_best_our-financial-markets-work-best-when-the_807419.jpg" }, "description": "Browse 9 Markets Work quotes by 8 authors. Discover the best Markets Work sayings and thoughts.", "breadcrumb": { "@id": "https://sms4smile.com/quotes/about/markets-work/#breadcrumb" } }, { "@type": "BreadcrumbList", "@id": "https://sms4smile.com/quotes/about/markets-work/#breadcrumb", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Topics", "item": "https://sms4smile.com/quotes/categories/" }, { "@type": "ListItem", "position": 4, "name": "Markets Work Quotes", "item": "https://sms4smile.com/quotes/about/markets-work/" } ] }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```