Economic system Quote by Joseph Stiglitz

It is time that we dispensed with the myth that the market is a force of nature that should not be meddled with. Markets…

— Ha-Joon Chang

“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

“We need to maintain law and order. We need to maintain peace in the world. We need to protect the environment. We need to…

— George Soros

Markets are useful instruments for organizing productive activity. But unless we want to let the market rewrite the norms that govern social institutions, we…

— Anonymous

“And so, in the end, the question of markets is really a question about how we want to live together. Do we want a…

— Michael J. Sandel

Markets are a social construction, they're made from institutions. We in a democratic society create markets, we constitute markets, we bring them into existence,…

— Douglas Massey

Markets can do many wonderful things, which is why I'm glad to live in a capitalist country.

— Timothy Noah

Economic life should be definancialised. We should learn not to use markets as storehouses of value: they do not harbour the certainties that normal…

— Nassim Nicholas Taleb

Markets are very important but for the government the citizens are more so.

— Jose Luis Rodriguez Zapatero

The market steers the capitalistic economy. It directs each individual's activities into those channels in which he best serves the wants of his fellow-men.…

— Ludwig von Mises

The markets want to force us to do certain things. That we won't do. Politicians have to make sure that we're unassailable, that we…

— Angela Merkel

For many, perhaps most, Americans, markets are sacrosanct. Most people in the United States cannot even envision a society that doesn't revolve around an…

— Howard Gardner