Education Quote by Edward Luce

I disagree with the followers of Marx and those of Adam Smith: the reason free markets work is because they allow people to be…

— Nassim Nicholas Taleb

“The strategy for the discoverers and entrepreneurs is to rely less on top-down planning and focus on maximum tinkering and recognizing opportunities when they…

— Nassim Nicholas Taleb

Free markets select for winning solutions.

— Eric S. Raymond

“Why did so many smart people believe these laissez-fairey tales? It’s a good question. Some of the blame surely goes to the excessive faith…

— Alan S. Blinder

“The best solutions- probably, in fact, the only real solutions-to the labor force chal- lenges that will arise in the future will come from…

— Erik Brynjolfsson, Andrew McAfee

When laissez-faire creates instability, the move to a freer market can be something less than pure gain.

— Robert Kuttner

“If only the skilled and the rich have access to a product or a service, you can reasonably assume the existence of a market-creating…

— David L Rogers

There was nothing natural about laissez-faire; free markets could never have come into being merely by allowing things to take their course. Just as…

— Karl Polanyi

“If free enterprise becomes a proselytizing holy cause, it will be a sign that its workability and advantages have ceased to be self-evident.”

— Eric Hoffer

"Free markets" is a very general term. There are all sorts of problems that will emerge. Free markets work best when the transaction between…

— Milton Friedman

We cannot have a free market since it does not really set us free. It's free for interest, speculation and consumerism to create false…

— Tariq Ramadan

It [the free market] is an organizational way of doing things, featuring openness, which enables millions of people to cooperate and compete without demanding…

— Leonard Read