Quotes About Market

The Korean economic miracle was the result of a clever and pragmatic mixture of market incentives and state direction. The Korean government did not vanquish the market as the communist states did. However, it did not have blind faith in the free market either. While it took markets seriously, the Korean strategy recognized that they often need to be corrected through policy intervention.

Recognizing that the boundaries of the market are ambiguous and cannot be determined in an objective way lets us realize that economics is not a science like physics or chemistry, but a political exercise... If the boundaries of what you are studying cannot be scientifically determined, what you are doing is not a science.

There is no such thing as free market. All markets are created and have rules and regulations.

When the managerial classes in the US and, to a lesser extent Britain, possess such economic, political and ideological power that they can manipulate the market and pass on the negative consequences of their actions to other people, it is an illusion to think that executive pay is something whose optimal levels and structures are going to be, and should be, determined by the market.

Recognizing that the boundaries of the market are ambiguous and cannot be determined in an objective way lets us realize that economics is not a science like physics or chemistry, but a political exercise. Free-market economists may want you to believe that the correct boundaries of the market can be scientifically determined, but this is incorrect. If the boundaries of what you are studying cannot be scientifically determined, what you are doing is not a science.

Unlike what neo-liberals say, market and democracy clash at a fundamental level. Democracy runs on the principle of 'one man (one person), one vote'. The market runs on the principle 'one dollar, one vote'.

Our story of bus drivers reveals the existence of the proverbial elephant in the room. It shows that the living standards of the huge majority of people in rich countries critically depend on the existence of the most draconian control over their labour markets – immigration control. Despite this, immigration control is invisible to many and deliberately ignored by others, when they talk about the virtues of the free market.

If you really want to be competitive in today's market you have to be in movies that make money.

To get away from poverty, you need several things at the same time: school, health, and infrastructure - those are the public investments. And on the other side, you need market opportunities, information, employment, and human rights.

Well," said St. Clare, "suppose that something shoul bring down the price of cotton once and forever, and make the whole slave property a drug in the market, don't you think we should soon have another version of the Scripture doctrine? What flood of light would pour the church, all at once, and immediately it would be discovered that everything in the bible and reason went the other way.

Two bits of advice. One, always write what you love. Two, always write what the market wants. It's not that those two things are in opposition really. It's just that you have to find an intersection between the two. Writing an unmarketable book just strikes me as silly. Writing a book you don't love – now that would be evil.

If governments didn't coercively monopolize the market for protection, there'd undoubtedly be more forms of protection offered on a voluntary basis to those who feel threatened by organized crime.

Those who wish that success would fall into their laps will wish forever. But those who look at the world as it is, who recognize that the consumer is king, who take the trouble to find out what the consumer wants ~ these men make fortunes. People will always reward them ~ because people will not want to be without their services.

Government programs didn't arise because the people demanded them or because the free market was unable to provide needed services. They arose because the politicians found them to be a convenient way to buy votes with other people's money, a convenient way to enlarge their own power, a convenient way to reward their political cronies, and a convenient way to keep people dependent on government.

Opportunities for growth maximize the benefits derived from high returns on capital. Such opportunities can arise from market growth, either cyclical or structural, or through a firm grabbing share from rivals in existing markets or expanding geographically. The very best companies enjoy a diversified set of growth drivers through ingenuity in the design of products, pricing, and product mix.

Given the specialized niche and deal size, there is scant competition in this acquisition market, enabling Essilor to purchase companies on attractive terms (such as six to seven times cash flow). This ability to systematically improve the operations of acquired businesses is rare but can create significant value.

Free culture depends upon vibrant competition. Yet the effect of the law today is to stifle just this kind of competition. The effect is to produce an over-regulated culture, just as the effect of too much control in the market is to produce an over-regulated-regulated market.

to bypass theatrical release and go directly to the home video market. Disney had enjoyed great success in recent years with direct-to-home-video releases like The Return of Jafar, a sequel to Aladdin. Because these sequels would not have the benefit of widespread theatrical distribution, they had to be made at far less cost than the original film in order to make financial sense.

In their constant iterations, Apple was beating the "fast followers

Our dangers, as it seems to me, are not from the outrageous but from the conforming; not from those who rarely and under the lurid glare of obloquy upset our moral complaisance, or shock us with unaccustomed conduct, but from those, the mass of us, who take their virtues and their tastes, like their shirts and their furniture, from the limited patterns which the market offers.

We live in a capitalist system; anyone who believes they are above this system or purer than this system, even while shopping at the cute organic market across the street or taking a hiking vacation to Guatemala, is certifiable.

Without competition, the spectacular development of technology that we have seen in the last one hundred years in this country would not have happened.

A free economy is as essential to society as democratic political institutions. A strong market-based economy is the fertile ground for democratic freedoms that we think are important.

It is the market that drives planned obsolescence, not growth or consumerism.