Economics Quote by Peter L. Berger

“The same is true for the market economy: the power of markets is enormous, but they have no inherent moral character. We have to…

— Joseph Stiglitz

The market economy succeeds not because some people's interests are suppressed and other people are kept out of the market, but because people gain…

— Amartya Sen

People do not choose a government that will bring the market within their control; instead, the market in every way conditions governments to bring…

— Zygmunt Bauman

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

— Ha-Joon Chang

Market fundamentalists recognize that the role of the state in the economy is always disruptive, inefficient, and generally has negative connotations. This leads them…

— George Soros

“Market without competition impedes its' dynamics.”

— Toba Beta

A market is not politically neutral; its existence creates economic power which one actor can use against another.

— Robert Gilpin

An economy can survive with 10% of the population insolation. It can't survive when 50% of the population is in isolation.

— Paul Romer

“Economic freedom is an essential requisite for political freedom. By enabling people to cooperate with one another without coercion or central direction, it reduces…

— Milton Friedman

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

— Timothy Noah

“As with democratic politics, the market is a mass of individuals making discrete choices within a framework shaped by larger forces, over which they…

— Charles J. Chaput

Wealth brings with it its own checks and balances. The basis of political economy is noninterference. The only safe rule is found in the…

— Ralph Waldo Emerson