Quotes & Sayings About Free Market

If you wish to have free access to the single market, then you have to accept the fundamental rights as well as obligation that come from it. — Angela Merkel

The theory of the determination of wages in a free market is simply a special case of the general theory of value. Wages are the price of labour. — Sir John Richard Hicks

When individual enterprise is free and unhampered, profit-and-loss calculations set precise limits to a businessman's temptations to expand his services ... a government valuable they may be, have no market price and, therefore, cannot be subjected to profit-and-loss accounting. — Hans F. Sennholz

Private property and free trade stand on exactly the same footing, both being essential and indivisible parts of liberty, both depending upon rights, which no body of men, whether called governments or anything else, can justly take from the individual. — Auberon Herbert

A free-enterprise economy depends only on markets, and according to the most advanced mathematical macroeconomic theory, markets depend only on moods: specifically, the mood of the men in the pinstripes, also known as the Boys on the Street. When the Boys are in a good mood, the market thrives; when they get scared or sullen, it is time for each one of us to look into the retail apple business. — Barbara Ehrenreich

Competition, free enterprise, and an open market were never meant to be symbolic fig leaves for corporate socialism and monopolistic capitalism. — Ralph Nader

At any rate, planning in this sense means all-around planning by the government and enforcement of these plans by the police power. Planning in this sense means full government control of business. It is the antithesis of free enterprise, private initiative, private ownership of the means of production, market economy, and the price system. Planning and capitalism are ut- terly incompatible. Within a system of planning production is conducted according to the government's orders, not according to the plans of capitalists and entrepreneurs eager to profit by best filling the wants of the consumers. — Ludwig Von Mises

It is particularly odd that economists who profess to be champions of a free-market economy, should go to such twists and turns to avoid facing the plain fact: that gold, that scarce and valuable market-produced metal, has always been, and will continue to be, by far the best money for human society. — Murray Rothbard

The test of a progressive policy is not private but public, not just rising income and consumption for individuals, but widening the opportunities and what Amartya Sen calls the 'capabilities' of all through collective action. But that means, it must mean, public non-profit initiative, even if only in redistributing private accumulation. Public decisions aimed at collective social improvement from which all human lives should gain. That is the basis of progressive policy - not maximising economic growth and personal incomes. Nowhere will this be more important than in tackling the greatest problem facing us this century, the environmental crisis. Whatever ideological logo we choose for it, it will mean a major shift away from the free market and towards public action, a bigger shift than the British government has yet envisaged. And, given the acuteness of the economic crisis, probably a fairly rapid shift. Time is not on our side. — Eric Hobsbawm

The War on Drugs employs millions - politicians, bureaucrats, policemen, and now the military - that probably couldn't find a place for their dubious talents in a free market, unless they were to sell pencils from a tin cup on street corners. — L. Neil Smith

The free market has never worked in agriculture and it never will. The economics of a family farm are very different from a firm's ... the demand for food isn't elastic; people don't eat more just because food is cheap. Even if I go out of business this land will keep producing corn. — Michael Pollan

I think President Obama is the most radical president this nation's ever seen. And in particular, I think he is a true believer in government control of the economy and of our everyday lives. In my judgment, we are facing what I consider to be the epic battle of our generation, quite literally the battle over whether we remain a free market nation. — Ted Cruz

The problem for free-market economists is that their policy recommendations at the dawn of a recession are not too sexy to the political mindset. They involve either doing nothing to hinder price adjustments, or actively removing extra-market barriers to price adjustments. This often involves short-term pain in exchange for long-term solutions, when politics rewards short-term solutions that result in long-term pain. — Christopher Westley

When you live in the United States, with the roar of the free market, the roar of this huge military power, the roar of being at the heart of empire, it's hard to hear the whispering of the rest of the world. And I think many US citizens want to. I don't think that all of them necessarily are co-conspirators in this concept of empire. And those who are not, need to listen to other stories in the world - other voices, other people. — Arundhati Roy

If government manages to establish paper tickets or bank credit as money, as equivalent to gold grams or ounces, then the government, as dominant money-supplier, becomes free to create money costlessly and at will. As a result, this 'inflation' of the money supply destroys the value of the dollar or pound, drives up prices, cripples economic calculation, and hobbles and seriously damages the workings of the market economy. — Murray Rothbard

The picture of the free market is necessarily one of harmony and mutual benefit; the picture of State intervention is one of caste conflict, coercion, and exploitation. — Murray Rothbard

But the justifications of the family farm are not merely agricultural; they are political and cultural as well. The question of the survival of the family farm and the farm family is one version of the question of who will own the country, which is, ultimately, the question of who will own the people. Shall the usable property of our country be democratically divided, or not? Shall the power of property be a democratic power, or not? If many people do not own the usable property, then they must submit to the few who do own it. They cannot eat or be sheltered or clothed except in submission. They will find themselves entirely dependent on money; they will find costs always higher, and money always harder to get. To renounce the principle of democratic property, which is the only basis of democratic liberty, in exchange for specious notions of efficiency or the economics of the so-called free market is a tragic folly. There — Wendell Berry

On the free market, everyone earns according to his productive value in satisfying consumer desires. Under statist distribution, everyone earns in proportion to the amount he can plunder from the producers. — Murray Rothbard

The fact is Qatar, Etihad, Emirates, Singapore, Garuda, all of the three Chinese airlines, Air New Zealand - the fact is that international aviation relies very much upon agreements between nation-states, and it is not an area in which you have free market operations. — Anthony Albanese

For example, people who don't know how to drive may nevertheless want to drive their car. But society feels that it is better if they don't, because of what it means for the rest of us. A free market in driver's licenses obviously cannot solve this problem. — Abhijit V. Banerjee

Here's something I still can't get over. Amazes and thrills me every time. I'm sitting here and want a certain book. So I search, click, and then I have the book. Every time, my heart does a little leap of joy. What a beautiful world the market is making. — Jeffrey Tucker

We know that in our free market economy some will prosper more than others. What we don't accept is the idea that some folks won't even get a chance. — Julian Castro

President Obama insists he's a free-market guy. But you have to wonder whether he understands how a free economy really works. — Fred Barnes

By all means, let's have free trade and no trade barriers and a common market. But where did it all suddenly become about our own economic and political destiny being surrendered to Brussels with agendas that arguably have very little to do with the interests of the British people and British voters? — Lloyd Dorfman

You can use principles of the free market to drive social change. — Leila Janah

I've never been the critic of reality TV that others have, especially many of my colleagues who wonder if it's just the end of America. It's a free market and you just put it on. The fact that science has not been on neck-and-neck with it means that people believe science could not compete on that level. — Neil DeGrasse Tyson

People think the free market is a philosophy, they think that it is a creed. It is none of those things. Free market is a bathroom scale, it is a measuring tape, it's simply a measurement. — P. J. O'Rourke

Trade and money, which go together in a stream of energy, inevitably wash away the enclosing walls of a society of status. — Isabel Paterson

Since the 1970s, we have witnessed the forces of market fundamentalism strip education of its public values, critical content, and civic responsibilities as part of its broader goal of creating new subjects wedded to consumerism, risk-free relationships, and the destruction of the social state. — Henry Giroux

It is not so evident why intellectuals need the State. Put simply, we may state that the intellectual's livelihood in the free market is never too secure. — Murray N. Rothbard

I respect not his labors, his farm where everything has its price, who would carry the landscape, who would carry his God, to market, if he could get anything for him; who goes to market for his god as it is; on whose farm nothing grows free, whose fields bear no crops, whose meadows no flowers, whose trees no fruits, but dollars. — Henry David Thoreau

Because we live in a largely free society, we tend to forget how limited is the span of time and the part of the globe for which there has ever been anything like political freedom: the typical state of mankind is tyranny, servitude, and misery. The nineteenth century and early twentieth century in the Western world stand out as striking exceptions to the general trend of historical development. Political freedom in this instance clearly came along with the free market and the development of capitalist institutions. So also did political freedom in the golden age of Greece and in the early days of the Roman era. — Milton Friedman

Our ability to create jobs, our future growth, is built on the free market. It's built on open borders. — Mark Rutte

No one spends someone elses money as carefully as he spends his own. — Mark Skousen

The myth of "free choice" begins with "free market" and "free trade". When five transnational corporations control the seed market, it is not a free market, it is a cartel. — Vandana Shiva

, I believe in some type of free market system. I just don't think you'll find an example of one completely free from government intervention. — Kenneth Eade

The law is guilty of the evils it is supposed to punish. — Frederic Bastiat

Commerce is considered by classical economists to be a positive-sum
game. The act of selling and buying always benefits both the seller
and the buyer. It is unfortunate that popular culture has propagated
the Marxist myth that one person gains in business at the expense of
another, that capitalism is evil because it is a zero-sum game - somebody
wins while someone else loses. When liberals make the argument
that capitalism is the cause of all of our problems, they are either
speaking out of abject ignorance or being totally disingenuous to
protect their interests. We have not had true free-market capitalism
in this country on any wide scale. Where we have had economic
successes in this nation's history, it has been those times when people
have done something outside of the government's involvement. Every
time the federal government has been involved, it has created chaos,
waste, and corruption. — Ziad K. Abdelnour

It's critical to have a sound foundation in free-market economics and the Constitution. A great many Republicans in Washington don't have that foundation. — Ted Cruz

The great allure of government programs in general for many people is that these programs allow decisions to be made without having to worry about the constraints of prices, which confront people at every turn in a free market. — Thomas Sowell

I'd like to talk about free markets. Information in the computer age is the last genuine free market left on earth except those free markets where indigenous people are still surviving. And that's basically becoming limited. — Russell Means

Now a great debate has been born. The thesis is Democratic Socialism. The antithesis is free-market capitalism. The Obama Democrats have posed the challenge. It is now up to the Republicans to pick it up and fight along these lines. — Dick Morris

The American people are being victimized more than any free market would warrant. — Gordon Smith

One of the most important features of our economic resources is their scarcity: land, labor, and capital goods factors are all scarce, and may all be put to various possible uses. The free market uses them 'productively' because the producers are guided, on the market, to produce what the consumers most need: automobiles, for example, rather than buggies. — Murray Rothbard

While free markets tend to democratize a society, unfettered capitalism leads invariably to corporate control of government. — Robert Kennedy

Just as in our bodies, every cell must first be "Celfish"; solely responsible for its own survival and once those conditions are met, the value is passed on. That is Free Market Capitalism at the cellular level. — Carl T. Johnson

Inner peace - you need to know who you are, what you want out of life. You have to do your own thinking, and for that you better know who you are, and not just know but be secure in it, comfortable with yourself. Plus you gotta have discipline. Stamina. And luck sure helps. A little luck counts for a lot, including our great good luck of being born into the greatest economic system ever devised. It's not a perfect system by any means, but overall it's responsible for tremendous human progress. In just the past century alone, we've seen something like a seven-to-one improvement in the standard of living. I'm not saying we don't have problems, we've got a helluva lot of problems, but that's where the genius of the free market comes in, all the drive and talent and energy that goes into solving those problems. — Ben Fountain

Opinion polls consistently show that only about 5 percent of blacks have sensible political opinions, i.e. support the free market, individual liberty and the end of welfare and affirmative action. — Ron Paul

The free market is not only a more efficient decision maker than even the wisest central planning body, but even more important, the free market keeps economic power widely dispersed. — Milton Friedman

These days, however, the main problem comes from the right - from conservatives who, unlike most economists, really do think that the free market is always right-to such an extent that they refuse to believe even the most overwhelming scientific evidence if it seems to suggest a justification for government action. — Paul Krugman

I do believe in the free market. — Kevin McCarthy

I happen to believe that America is dying of loneliness, that we, as a people, have bought into the false dream of convenience, and turned away from a deep engagement with our internal lives - those fountains of inconvenient feeling - and toward the frantic enticements of what our friends in the Greed Business call the Free Market. We're hurtling through time and space and information faster and faster, seeking that network connection. But at the same time we're falling away from our families and our neighbors and ourselves. We ego-surf and update our status and brush up on which celebrities are ruining themselves, and how. But the cure won't stick. — Cheryl Strayed

Failure is a big part of a free market's success. People fail to live up to their potential, or to carry out all their good intentions, in all kinds of economic and political systems. Capitalism makes them pay a price for their failures, while socialism, feudalism, fascism and other systems enable personal failures, especially by those at the top, to be ignored. — Thomas Sowell

It constantly amazes me that defenders of the free market are expected to offer certainty and perfection while government has only to make promises and express good intentions. Many times, for instance, I've heard people say, "A free market in education is a bad idea because some child somewhere might fall through the cracks," even though in today's government school, millions of children are falling through the cracks every day. — Lawrence W. Reed

Distance does not decide who is your brother and who is not. The church is going to have to become the conscience of the free market if it's to have any meaning in this world - and stop being its apologist. — Bono

All systems are capitalist. It's just a matter of who owns and controls the capital
ancient king, dictator, or private individual. We should properly be looking at the contrast between a free market system where individuals have the right to live like kings if they have the ability to earn that right and government control of the market system such as we find today in socialist nations. — Ronald Reagan

The only way that has ever been discovered to have a lot of people cooperate together voluntarily is through the free market. And that's why it's so essential to preserving individual freedom. — Milton Friedman

In response to a suggestion that total free trade would end in cheaper foreign products flooding the market and causing unemployment. — Milton Friedman

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. — Lawrence Lessig

International trade in chemical products is not free. . . . Joint control of the market became the general rule; free competition, the exception. — George W. Stocking

For those of us who originally disagreed with ObamaCare and now disagree with the majority opinion of the SCOTUS, the challenge remains the same as it would have been had the Court ruled otherwise. We need to elect Mitt Romney and House and Senate majorities that will repeal ObamaCare and replace it with free-market, pro-liberty solutions. — Bob Beauprez

Free-market capitalism is a network of free and voluntary exchanges in which producers work, produce, and exchange their products for the products of others through prices voluntarily arrived at. — Murray Rothbard

Secondly, as a result of this political favoritism, the FDA has become a primary factor in that formula whereby cartel-oriented companies in the food and drug industry are able to use the police powers of government to harass or destroy their free-market competitors. — G. Edward Griffin

Current public diplomacy and foreign policy making reduces the role of American citizens to mere spectators. The USIA's model of democracy and the free market is promoted as the superpower version of economic globalization, packaged and ready for shipping to clients throughout the world. In this version, foreign capital flows freely while the movement of people, particularly the world's poor, is strictly controlled. Such a commercial package speaks first and foremost for government 'partners,' the Fortune 500 corporations, which are the primary beneficiaries as well as the bankrollers of the American political process. This is a packaged story of America that is incomplete and undemocratic. Where do workers and communities fit into the story? How do private citizens play a part in building dialogue across cultures? — Nancy Snow

I've read quite a few readers' reviews of my book on Amazon, saying, 'Ah, he criticises the free market, he advocates central planning.' I don't do that for a minute! But this is our black and white, dichotomous way of thinking - which has really been harmful. — Ha-Joon Chang

Servile labour disappeared because it could not stand the competition of free labour; its un-profitability sealed its doom in the market economy. — Ludwig Von Mises

The air we breathe is still free, but for how much time. I believe someone is busy patenting it to start selling it for profit — Bangambiki Habyarimana

Capitalism is not a form of government. Capitalism is a symptom of freedom. It is the result of individual rights, which include property rights. — A.E. Samaan

Size of industry, concentration of market, or production notwithstanding, the consumer is best served when the businessman is completely free to pursue his profit goals. — John Pugsley

Capitalism, Socialism, Fascism, Communism, the Free-Market ... What good are these approaches for? These attempts are made by men who are cerebral insufficient. I'm trying to give you back your brain, which they took away from you in schools and in your upbringing. I'm trying to show you how the world works. So if you want a better world, you have to get up off your ass and make it better — Jacque Fresco

The most important single central fact about a free market is that no exchange takes place unless both parties benefit. — Milton Friedman

The Conservative sees in the free market the harmony of interests and rules of cooperation that also underlie the civil society. — Mark Levin

The right way is the greatest gratifier of human wishes ever come upon - when allowed to operate. It is as morally sound as the Golden Rule. It is the way of willing exchange, of common consent, of self-responsibility, of open opportunity. It respects the right of each to the product of his labor. It limits the police force to keeping the peace. It is the way of the free market, private property, limited government. On its banner is emblazoned Individual Liberty. — Leonard Read

Though many intellectuals, following in the footsteps of Saints Augustine and Jerome, hold business people in contempt for their selfishness and greed, in fact a free market puts a premium on empathy. — Steven Pinker

We no longer have a free market in the United States, we have a government controlled free market. — Jim Bunning

Socialism is a monster, which will die. — Janusz Korwin-Mikke

Clothes are my drug. I love Camden market - I have so many vintage pieces from there it's unbelievable. Clothes are really important to me, they give me that feeling of happiness. I love being a bit free with it all and not giving myself rules. — Kaya Scodelario

Scratch the surface at conservative think tanks and universities that house free-market economists, and it's not hard to find proponents of a carbon tax. — Nina Easton

One of the great things about a free market is that it's inherently and indefatigably Darwinistic. Left to its own devices, a free market will eventually weed out the stupid from both 'ends' of the food chain otherwise described as supply and demand. As money is liberated from the hands of the stupid, those who would sell products or services to the stupid will eventually lose their share of the marketplace. Devoid of any 'benevolent' interference from government, the process is gloriously relentless, and cannot help but yield a successively smarter class of participants. — Edward Britton

I am far more a fan of aggressive entrepreneurs than I am of major CEOs. You look at major CEOs, and they are almost to a person quite timid. They don't act to defend the free market principles that are vital to growth. — Ted Cruz

To live in a state of liberty is not to live apart from law. It is, on the contrary, to live under the highest law, the only law that can really profit a man, the law which is consciously and deliberately imposed by himself on himself. — Auberon Herbert

Life has ceased to be lived in a closed world the center of which was man; the world has become limitless and the same time threatening. By losing his fixed place in a closed world man loses the answer to the meaning of his life; the result is that doubt has befallen him concerning himself and the aim of life. He is threatened by powerful superpersonal forces, capital and the market. His relationship to his fellow men, with everyone a potential competitor, has become hostile and estranged; he is free - that is, he is alone, isolated, threatened from all sides. [H]e is overwhelmed with a sense of his individual nothingness and helplessness. Paradise is lost for good, the individual stands alone and faces the world - a stranger thrown into a limitless and threatening world. The new freedom is bound to create a deep feeling of insecurity, powerlessness, doubt, aloneness, and anxiety. — Erich Fromm

It wasn't government that gave us nearly 50 million uninsured Americans and denials for pre-existing conditions. It wasn't government that gave us the yearly and lifetime caps on insurance coverage that have sent so many people into bankruptcy when they've faced a serious illness or accident. It wasn't government that gave us a system in which the gap between what we spend and what we get is so enormous. It was the free market. — Paul Waldman

Set men up to rule their fellow-men, to treat them as mere soulless material with which they may deal as they please, and the consequence is that you sweep away every moral landmark and turn this world into a place of selfish striving, hopeless confusion, trickery and violence, a mere scrambling ground for the strongest or the most cunning or the most numerous. — Auberon Herbert

The reason this system can't be overthrown in this country," Walter said, "is all about freedom. The reason the free market in Europe is tempered by socialism is that they're not so hung up on personal liberties there. They also have lower population growth rates, despite comparable income levels. The Europans are all-around more rational, basically. And the conversation about rights in this country isn't rational. It's taking place on the level of emotion, and class resentments, which is why the right is so good at exploiting it. — Jonathan Franzen

Many people believe that the free market, despite some admitted advantages, is a picture of disorder and chaos. Nothing is "planned," everything is haphazard. Government dictation, on the other hand, seems simple and orderly; decrees are handed down and they are obeyed. — Murray N. Rothbard

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. — Robert B. Reich

As Louis Uchitelle has reported in the New York Times, many employers will offer almost anything - free meals, subsidized transportation, store discounts - rather than raise wages. The reason for this, in the words of one employer, is that such extras "can be shed more easily" than wage increases when changes in the market seem to make them unnecessary.7 In the same spirit, automobile manufacturers would rather offer their customers cash rebates than reduced prices; the advantage of the rebate is that it seems like a gift and can be withdrawn without explanation. — Barbara Ehrenreich

The libertarian creed ... offers the fulfillment of the best of the American past along with the promise of a far better future. Libertarians are squarely in the great classical liberal tradition that built the United States and bestowed on us the American heritage of individual liberty, a peaceful foreign policy, minimal government, and a free-market economy. — Murray Rothbard

What most people really object to when they object to a free market is that it is so hard for them to shape it to their own will. The market gives people what the people want instead of what other people think they ought to want. At the bottom of many criticisms of the market economy is really lack of belief in freedom itself. — Milton Friedman

In the strict father model, the "free market" plays a significant, implicit role. The market is a competitive system where the disciplined are rewarded through profit, and the undisciplined (and hence immoral) are punished through poverty. The market is an instrument of morality. — George Lakoff

The Republican Party and the conservative free market movement have been presidentially focused for too long. — Grover Norquist

The successful entrepreneurs on the free market will be the ones most adept at anticipating future business conditions. Yet, the forecasting can never be perfect, and entrepreneurs will continue to differ in the success of their judgments. If this were not so, no profits or losses would ever be made in business. — Murray Rothbard

I find it quite useful to think of a free-market economy - or partly free market economy - as sort of the equivalent of an ecosystem. Just as animals flourish in niches, people who specialize in some narrow niche can do very well. — Charlie Munger

Overcoming the myth that there is such a thing as an objectively defined 'free market' is the first step towards understanding capitalism. — Ha-Joon Chang

The transparency and intelligibility of a country with a free market economy can reassure its neighbors that it is not going on a war footing, which can defuse a Hobbesian trap and cramp a leader's freedom to engage in risky bluffing and brinkmanship. — Steven Pinker

They did not suffer shipwreck because the entrepreneurs were not public-spirited, as the socialist-etatistic legend has it. They were bound to fail because the economic organization based upon division of labour and private property in the means of production can function only so long as price-determination in the market is free. — Ludwig Von Mises

What is the free market? Well, the free market, [we're told] is really a terrible, inhuman kind of arrangement, because it treats people like commodities. But how does the government treat people? Like garbage-worse than garbage. Not like commodities, but like nothing. We libertarians understand that we are not humane, we are not compassionate. It's the leftists and the liberals, they're the ones who are human and compassionate, but you'd better not get in their way. — Ralph Raico

I believe in a real democratic system, with a state of law and freedom of the press. I believe in a free, open-market economy integrated with the world. And I believe in equality of opportunity. Those are my basic beliefs. On top of that, of course, I believe in some moral values. — Sebastian Pinera

The ideal capitalism envisioned by advocates of the free market depends upon social virtues and wise policies that it does not itself generate. — Timothy Snyder