Economics Quote by Roger Scruton

“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

“Market without competition impedes its' dynamics.”

— Toba Beta

“Robert Owen’s was a true insight: market economy if left to evolve according to its own laws would create great and permanent evils.”

— Karl Polanyi

“modern economies have developed ways of avoiding costs or passing them on that effectively remove the sanctions from dishonest or manipulative behaviour. The”

— Roger Scruton

“the market is the benign mechanism that Hayek and others describe only when it is constrained by an impartial rule of law, and only…

— Roger Scruton

“Because every exchange is always a relationship, to get the most while giving the least is unjust, unethical, antisocial, abusive, perhaps 'evil.' Yet predatory…

— James Hillman

“So, when free-market economists say that a certain regulation should not be introduced because it would restrict the ‘freedom’ of a certain market, they…

— Ha-Joon Chang

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

“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

“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

“The economists exploded the old tenets: that it is unfair and unjust to outdo a competitor by producing better and cheaper goods; that it…

— Ludwig von Mises

The notion that a society could be regulated entirely by market forces is a utopian fantasy: an impossible dream generated by imagining what the…

— David Graeber