Quotes About Markets

When we can export American energy to markets around the world, the president will also be able to use it as an important tool to increase our global leadership and influence, advancing our global agenda and helping to keep our citizens safe.

I think it is a mistake for candidates, or once they get elected in office, to be dwelling too much on the topic of markets.

I'm not suggesting that social scientists stop teaching and investigating classic topics like monopoly power, racial profiling and health inequality. But everyone knows that monopoly power is bad for markets, that people are racially biased and that illness is unequally distributed by social class.

I don't want to talk about the regulation of financial markets because that is not my sphere of expertise. It's a very complicated topic, and if I have written a number of books they are always on topics that I think I know something about.

As the economy faces such difficulties, more tough questions need to be asked about what the Tories would do if elected. Their ideology of free markets and small government needs challenging. That has to be part of our job.

Do you defend free markets, or do you reform them? It's the same issue that Labour had in the mid-Seventies, and it's the same issue the Tories had after 1945. How do you interact with this new ideological term?

In Toronto and Los Angeles, too, there are a lot of Koreans - Koreatown, Korean markets. I feel like I'm at home and very comfortable.

Every war results from the struggle for markets and spheres of influence, and every war is sold to the public by professional liars and totally sincere religious maniacs, as a Holy Crusade to save God and Goodness from Satan and Evil.

Vernon Smith and his colleagues have long confirmed that markets in goods and services for immediate consumption – haircuts and hamburgers – work so well that it is hard to design them so they fail to deliver efficiency and innovation; while markets in assets are so automatically prone to bubbles and crashes that it is hard to design them so they work at all.

Political decisions are by definition monopolistic, disenfranchising and despotically majoritarian; markets are good at supplying minority needs.

Brink Lindsey has pointed out. 'Despite the obvious successes of unplanned markets, despite the spectacular rise of the Internet's decentralized order, and despite the well-publicized new science of "complexity" and its study of self-organizing systems, it is still widely assumed that the only alternative to central authority is chaos.

markets in goods and services for immediate consumption – haircuts and hamburgers – work so well that it is hard to design them so they fail to deliver efficiency and innovation; while markets in assets are so automatically prone to bubbles and crashes that it is hard to design them so they work at all.

Had I only known it, experiments in laboratories by the economist Vernon Smith and his colleagues have long confirmed that markets in goods and services for immediate consumption – haircuts and hamburgers – work so well that it is hard to design them so they fail to deliver efficiency and innovation; while markets in assets are so automatically prone to bubbles and crashes that it is hard to design them so they work at all.

the financial markets had helped accelerate the offshoring of jobs and the concentration of wealth in a handful of cities and economic sectors

These paintings say Mexico is an ancient thing that will still go on forever telling its own story in slabs of color leaves and fruits and proud naked Indians in a history without shame. Their great city of Tenochtitlan is still here beneath our shoes and history was always just like today full of markets and wanting.

while ethics is fundamentally important and necessary, it is absolutely insufficient. It shows that the so-called soft stuff is hard, measurable, and impacts everything else in relationships, organizations, markets, and societies. Financial success comes from success in the marketplace, and success in the marketplace comes from success in the workplace. The heart and soul of all of this is trust.

What most of these doomsday scenarios have gotten wrong is the fundamental idea of economics: people respond to incentives. If the price of a good goes up, people demand less of it, the companies that make it figure out how to make more of it, and everyone tries to figure out how to produce substitutes for it. Add to that the march of technological innovation (like the green revolution, birth control, etc.). The end result: markets figure out how to deal with problems of supply and demand.

If morality represents the way we would like the world to work and economics represents how it actually does work

Cities and markets recruit more minds into the collective project of exploring the adjacent possible. As long as there is spillover between those minds, useful innovations will be more likely to appear and spread through the population at large.

Flirting has to be the original form of guerrilla marketing, from back before markets even existed.

Rather than trying to shape human nature, the Enlightenment hope for progress was concentrated on human institutions. Human-made systems like governments, laws, schools, markets, and international bodies are a natural target for the application of reason to human betterment.

My study of economics had taught me that the ideology of many conservatives was wrong; their almost religious belief in the power of markets—so great that we could largely simply rely on unfettered markets for running the economy—had no basis in theory or evidence.

The idea that people could get along fine with just markets, and no government, turned out to rest upon a version of what economists call the "compositional fallacy.

Finance as taught in universities is generally divided into three areas: (1) financial management, (2) capital markets, and (3) investments.