Politics Quote by Joseph Heath

“An economics of systems only-an economics of markets but not of men-is fatally flawed.”

— George Gilder

“When economic imbalances became extreme, the lack of equilibrium and viability could threaten social and political order.”

— Joshua A. Berman

“Wouldn't economics make a lot more sense if it were based on how people actually behave, instead of how they should behave?”

— Dan Ariely

“Markets weed out inefficient practices, but only when no one has sufficient power to manipulate them.”

— Ha-Joon Chang

At least half of the popular fallacies about economics come from assuming that economic activity is a zero-sum game, in which what is gained…

— Thomas Sowell

“In markets, stupid action does not have equal but severe opposite reaction.”

— Vijay Kedia

“No market economy can function properly without the support of legal and moral sanctions, designed to hold individual agents to their bargains, and to…

— Roger Scruton

“It said something about the ability of the free marketplace to mold people’s behavior into a socially acceptable pattern. For this was capitalism at…

— Michael Lewis

“consensus fallacy—the idea that if many people believe something, some position, or some ideology, it must be true. Consensus”

— MJ DeMarco

“This is the fly in the ointment of free-market capitalism. It cannot ensure that profits are gained in a fair way, or distributed in…

— Yuval Noah Harari

“The problem is that the choice we make in the market don't fully reflect our values as citizens. We might make different choices if…

— Robert B. Reich

“Market without competition impedes its' dynamics.”

— Toba Beta