When the Statist makes a wrong decision, its impact is far-reaching, for he uses the power of government to impose his decision on as many individuals and businesses as possible, which distorts the free market itself.
I am not in favor of a traditional free market.
We need a revolution in development thinking and practice. Foreign aid, debt relief, family planning, democracy, education, and free markets have not succeeded.
Pat Buchanan has emerged as the prophet and forerunner of a real economic nationalism on the right, and Donald Trump is now its tribune. This is not movement ideology which is all about limited government, the power of free markets and also internationally - globalism.
The argument for the free market is a complicated and sophisticated one and depends on demonstration of secondary effects. I have confidence market efficiency will win out.
When you argue for free markets, you are arguing against the trend.
I've been writing a book called The Economics of Innocent Fraud. I published part of it already in The Progressive ("Free Market Fraud," January 1999). But I've been interrupted these last few months. It deals with all of the things we do, in an innocent way, to cover up the truth.
The State certainly played a decisive role. I also believe that it may have stemmed from the rivalry itself. Grow or die, devour or die. That's the one problem that I have to wrestle with. I have to wrestle with whether or not rivalry in the free market does not ultimately lead to concentration, corporatism, and finally totalitarianism.
The great virtue of a free market is that it enables people who hate each other, or who are from vastly different religious or ethnic backgrounds, to cooperate economically. Government intervention can't do that.
"Free markets" is a very general term. There are all sorts of problems that will emerge. Free markets work best when the transaction between two individuals affects only those individuals. Most often, a transaction between you and me affects a third party. That is the source of all problems for government. That is the source of all pollution problems, of the inequality problem. This reality ensures that the end of history will never come.
I am a strong believer in the free market. I am a strong believer in capitalism. But, I am also a strong believer that there are certain common goods - our air, our water, making sure that people are safe - that require to have some regulation.
You show me a polluter, I'll show you a subsidy. I'll show you a fat cat using political clout to escape the discipline of the free market and force the public to pay his production costs.
What polluters do is raise the standards of living for themselves, while lowering the quality of living for everybody else, and they do that by escaping the disciplines of the free market.
I think on the efficiency level, not only the distribution level, capitalism is a flawed system. It probably has the same virtues as Churchill attributed to democracy: It's the worst system except for any other. And I think that's right, but it cannot be thought that some unmitigated belief in free markets is a cure even from the efficiency point of view.
In a true free market economy, you can't make yourself rich without enriching your community.
The columnist like myself or people at Stanford University don't wake up in the morning and see their job outsourced. Yet we promote free markets. But we're not sensitive to what that does to other people who don't have our privilege.
The free market promotes self-worth, self-sufficiency, shared values, and honest dealings, which enhance the individual, the family, and the community. It discriminates against no race, religion, or gender.
Globalization is simply opening the free marketplace to encompass the entire world.
That's not for me to decide, that's for the voters to decide and many of them are saying, this slavish adherence to the cult of the free market that the Republican party has followed for decades isn't what we want anymore. That's not a question for me, that's up to them.
My father always said 'There's no free lunch.' My father was right. There's no free lunch and there's no free market. The market is rigged, the market is always rigged, and the rigging is in favour of the people who run the market. That's what the market is. It's a bent casino. The house always wins.
The whole world is an open, free market. No state can exist without the others.
It's absurd. We would all like to see Cuba move toward civil society and free markets and greater respect for human rights. But the U.S. policy is exactly the wrong way to go about it.
We know that government intervention in the free market, and Argentine history has shown this, absolutely ends in a boomerang.
The Conservative sees in the free market the harmony of interests and rules of cooperation that also underlie the civil society.
By preventing a free market in education, a handful of social engineers - backed by the industries that profit from compulsory schooling: teacher colleges, textbook publishers, materials suppliers, et al. - have ensured that most of our children will not have an education, even though they may be thoroughly schooled.
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