Quotes About Market

In the disconnect between grievance and remedy, there is an astonishing muddle. Angry people vote for a seeming populist, and they get an autocrat whose policies and appointees make the economy even more tilted to the very rich. Trump's populism turns out to be a blend of spite, entertainment, jingoism—and alliance with corporations when it comes to actual policy. Yet in the absence of government policies to lean against the predations of the market, Trumpism fills the vacuum.

As the citizens of the former Soviet Union are discovering to their consternation, a market system means the end of the long lines for bread that were a curse of life in a society of centralized command, but it also means the introduction of a line that did not exist formerly—namely, standing in line at employment offices, looking for work.

Everyone lives by selling something.

If the price of a stock drops more than 10 percent, I will, more often than not, cut my losses and look for something new.

a person is to be successful in the B or I quadrant, he or she needs to be aware of market forces and any changes in the law that affect those market forces.

There is a tremendous difference between a broker who sells houses and a broker who sells investments

The market order should no longer be fastened to a single dogmatic version of itself. The new vanguardism should be deepened and disseminated to achieve its revolutionary potential, lifting up the productivity of the mass of workers in the economy

Thus it was that, beginning in about the ninth century, the growing monastic estates came to resemble well-organized and stable firms that pursued complex commercial activities within a relatively free market, investing in productive activities involving a hired workforce, guided by anticipated and actual returns.

39. There are four classes of idols that beset men's minds. To these for distinction's sake I have assigned names, calling the first class idols of the tribe; the second, idols of the cave; the third, idols of the market place; the fourth, idols of the theater.

Processing and filtering customer input allows for objectivity and promises that whatever action you decide to take is more in line with market demand than with personal opinions. Celebrate

As Keynes observed, there cannot be "liquidity" for the community as a whole.6

And in the late summer of 1998, the bond-trading crowd was extremely fearful, especially of risky credits. The professors hadn't modeled this. They had programmed the market for a cold predictability that it had never had; they had forgotten the predatory, acquisitive, and overwhelming protective instincts that govern real-life traders. They had forgotten the human factor.

You fooled us. Render your work, not your lives. This seems like the newest answer to an old question. Cheap muscle and blood to build you an Empire- that we can't stay in. Gran's gone missing from Saturday morning. Brixton Market? No one is frowning at the quality of the yams, or asking how the snapper's eye so cloudy. There'll be no Saturday soup tonight.

No market economy can function properly without the support of legal and moral sanctions, designed to hold individual agents to their bargains, and to return the cost of misbehaviour to the one who causes it. But

the market is the benign mechanism that Hayek and others describe only when it is constrained by an impartial rule of law, and only when all participants bear the costs of their actions as well as reaping the benefits.

Instead of the benign competition to secure a market share, we discover a malign competition to externalize costs. The firm that can transfer its costs to others has the advantage over the one that must meet its costs itself, and if the costs can be transferred so widely that it is impossible to identify a victim, they can be effectively written off.

Why do the defenders of the market not raise their voices against the practice of externalizing costs in that way? After

The ease with which large producers can transfer their costs is the glaring abuse through which the market – otherwise one of the core values of conservatism – condemns itself.

Individuals in Western states are sovereign over their own households; they enjoy consumer sovereignty through the market and political sovereignty through elections.

The effect of pornographic fantasy is to 'commodify' the object of desire, and to replace love and its vestigial sacraments with the law of the market. This is the final disenchantment of the human world. When sex becomes a commodity, the most important sanctuary of human ideals becomes a market, and value is reduced to price.

Smith did not regard economic freedom as the sum of politics, nor did he believe that self-interest is the only, or even the most important, motive governing our economic behaviour. A market can deliver a rational allocation of goods and services only where there is trust between its participants, and trust exists only where people take responsibility for their actions and make themselves accountable to those with whom they deal. In other words, economic order depends on moral order.

Most of these highly speculative investments never panned out.

Since he also had a sizable stake in U.S. government bonds, he felt he could play the market with impunity.

Having twice been sued by people for offering incorrect market advice, he refrained from offering stock tips.