Investing Quote by Roger Scruton

“Market without competition impedes its' dynamics.”

— Toba Beta

The government can always rescue the markets or interfere with contract law whenever it deems convenient with little or no apparent cost. (Investors believe…

— Seth Klarman

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

In fact, a large part of what we think of as economic activity is designed to accomplish what high transaction costs would otherwise prevent…

— Ronald Coase

“From this standpoint, the role of the market, as already noted, is that it permits unanimity without conformity; that it is a system of…

— Milton Friedman

All varieties of interference with the market phenomena not only fail to achieve the ends aimed at by their authors and supporters, but bring…

— Ludwig von Mises

“The forces of the market are just that: They are forces; they are like the wind and the tides; they are things that if…

— Arnold Harberger

“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

Market Anarchism is the doctrine that the legislative, adjudicative, and protective functions unjustly and inefficiently monopolised by the coercive State should be entirely turned…

— Roderick T. Long

“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 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