America Quote by Paul Craig Roberts
“There are no free financial markets in America or, for that matter, anywhere in the Western word, and few, if any, free markets of any other kind.”
About This Quote
Source Book: "The Free Market and the Future", Paul Craig Roberts, 2010
Free financial markets do not exist in America or elsewhere in the West; truly free markets are rare across all types.
In simple terms: Free markets are virtually nonexistent.
Question assumptions about market freedom.
Themes
Mood
Type
When to use this quote
- policy analysis
- investment decisions
- academic research
- public debates
- business strategy
Key Concepts
Questions to Reflect On
- What defines a truly free market?
- How do regulations impact market efficiency?
The claim may ignore partially free markets that function effectively.