Quotes About Market

Markets need rules for determining the degree to which economic power can be concentrated without damaging the system.

A market—any market—requires that government make and enforce the rules of the game. In most modern democracies, such rules emanate from legislatures, administrative agencies, and courts. Government doesn't "intrude" on the "free market." It creates the market. The

The idea of a "free market" separate and distinct from government has functioned as a useful cover for those who do not want the market mechanism fully exposed. They

the underlying issue has nothing to do with a hypothetical choice between the "free market" and government. Decisions must be made about whether a particular company or group of companies has "excessive" market power.

Medicare's administrative costs are in the range of 3 percent—well below the 5–10 percent costs borne by large companies that self-insure, even further below the administrative costs of companies in the small-group market (amounting to 25–27 percent of premiums), and much lower than the administrative costs of individual insurance (30 percent).

An aggressive enforcer of antitrust laws could win a court victory that forced the giant to relinquish market share, although the giant's army of litigators would probably halt any such assault, and its legislative allies would discourage the assault to begin with. The more likely threat to one of the giants comes from another giant seeking to expropriate its market.

The idea of a "free market" separate and distinct from government has functioned as a useful cover for those who do not want the market mechanism fully exposed. They have had the most influence over it and would rather keep it that way. The mythology is useful precisely because it hides their power.

Government doesn't "intrude" on the "free market." It creates the market. The rules are neither neutral nor universal, and they are not permanent. Different societies at different times have adopted different versions. The rules partly mirror a society's evolving norms and values but also reflect who in society has the most power to make or influence them.

There can be no "free market" without government. The "free market" does not exist in the wilds beyond the reach of civilization. Competition in the wild is a contest for survival in which the largest and strongest typically win. Civilization, by contrast, is defined by rules; rules create markets, and governments generate the rules.

The problem is that the choice we make in the market don't fully reflect our values as citizens. We might make different choices if we understood the social consequences of our purchases or investments and if we knew all other consumers and investors would join us in forbearing from certain great deals whose social consequence were abhorrent to us.

Few ideas have more profoundly poisoned the minds of more people than the notion of a "free market" existing somewhere in the universe, into which government "intrudes.

A market—any market—requires that government make and enforce the rules of the game. In most modern democracies, such rules emanate from legislatures, administrative agencies, and courts. Government doesn't "intrude" on the "free market." It creates the market.

Os padrôes facilitam a reutilização de ideias e compomentes, recrutam pessoas com experiência considerável, encapsulam boas ideis e conectam os compomentes. Entretanto, o processo de criação de padôes pode, ás vezes, ser muito longo para que o mercado fique á espera deles, e alguns padrôes acabam se desviando das necessidades reais das pessoas a quem eles pretendem servir.

Price fixing is a bit like jumping off a tall building shouting, "I abolish the law of gravity." You cannot simply decree that something is worth more than anyone will pay for it or less than sellers will accept for it.

The word bubble creates a mental picture of an expanding soap bubble, which is destined to pop suddenly and irrevocably. But speculative bubbles are not so easily ended; indeed, they may deflate somewhat, as the story changes, and then reflate.

Is the market high only because of some irrational exuberance — wishful thinking on the part of investors that blinds us to the truth of our situation?

Certainly some researchers are thinking more realistically about the market's prospects and reaching better-informed positions on its future, but these are not the names that grab the headlines and thus influence public attitudes.

Cheer the bull, or cheer the bear; cheer both, and you will be trampled and eaten.

Execution is everything. Even if you start a business with the wrong idea or too many competitors, you can out-execute all the better ideas in the right market.

laws of economics. It creates aggressive competition within its own ranks, but does its best to remove all outside competitors. That's what multi-nationals are all about

Finding a good deal, the right business, the right people, the right investors, or whatever is just like dating. You must go to the market and talk to a lot of people, make a lot of offers, counteroffers, negotiate, reject, and accept.

The business behind the business is the real game. It's the business behind the business that makes money regardless of who wins the game or which way the market goes—up or down. It's the business that sells the tickets to the game. It does not buy the tickets.

If I make great profits in the stock market, I pay my capital-gains tax on the gain and then reinvest what's left in real estate, again further securing my asset foundation.

I will move my money in for a week to a month while the stock moves up. Then I pull my initial dollar amount out, and stop worrying about the fluctuations of the market, because my initial money is back and ready to work on another asset. So my money goes in, and then it comes out, and I own an asset that was technically free.