Investing Quote by Thomas Sowell

Countries were told they had no incentives because of social ownership. The solution was privatization and profit, profit, profit. Privatization would replace inefficient state…

— Joseph Stiglitz

“Eventually, however, the fact that many once-poor places like Hong Kong, South Korea, and Singapore achieved prosperity through freer international trade and investment became…

— Thomas Sowell

It is much harder for economies to prosper if they cannot sell to, buy from, invest with, and even transit their neighbors. Landlocked countries…

— Robert Zoellick

And money can't buy everything. For example: poverty.

— Nelson Algren

“We who live in capitalist countries tend to take all of this—property rights, free-market pricing, entrepreneurship—for granted, but every socialist country that has ever…

— Thomas J. DiLorenzo

The absence of state capacity - that is, of the services and protections that people in rich countries take for granted - is one…

— Angus Deaton

It has often been found that profuse expenditures, heavy taxation, absurd commercial restrictions, corrupt tribunals, disastrous wars, seditions, persecutions, conflagrations, inundation, have not been…

— Thomas B. Macaulay

“one country only depend on their financial structure.”

— Biil Fawcett

People who live in poor countries have to be entrepreneurial even just to survive.

— Ha-Joon Chang

“There has been much talk about the alleged exploitation of the debtor nations by the creditor nations. But if the concept of exploitation is…

— Ludwig von Mises

“Poverty can be brought about by law; it cannot be forbidden by law.”

— Isabel Paterson

In a country well governed, poverty is something to be ashamed of. In a country badly governed, wealth is something to be ashamed of.

— Confucius