Actors Quote by Robert Gilpin

The market economy as such does not respect political frontiers. Its field is the world.

— Ludwig von Mises

The parallel existence and mutual interaction of "state" and "market" in the modern world create "political economy"; without both state and market there could…

— Robert Gilpin

Markets are not static entities that are 'intervened' in (for good or bad) but are outcomes of public and private interactions.

— Mariana Mazzucato

“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 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

“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

It is impossible to objectively define how free a market is. This is a political definition. Government is always involved, and those free marketers…

— Ha-Joon Chang

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

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

“Market without competition impedes its' dynamics.”

— Toba Beta

A society is not a market. It is a political community.

— Michael Ignatieff

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