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Able Quote by Gerhard Schroder

“A market that's as open as possible is the precondition for a successful economy, and a successful economy is the precondition to being able to pay for social security.” quote by Gerhard Schroder
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“A market that's as open as possible is the precondition for a successful economy, and a successful economy is the precondition to being able to pay for social security.”

Gerhard Schroder

About This Quote

Source Speech: Economic Forum, 2005

Open markets enable prosperity, which funds social security.

In simple terms: Open markets support welfare.

Key Takeaway

Promote market openness.

Themes

economics policy social welfare

Mood

analytical optimistic

Type

political economic

When to use this quote

  • legislative reform
  • economic analysis
  • public debate

Key Concepts

market liberalization public finance

Questions to Reflect On

  • How can we ensure markets stay fair?
  • What safeguards protect social security?
A Different Perspective

Open markets can increase inequality without safeguards.

2.7 out of 5 (7 ratings)

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