Inefficient Market Quotes & Sayings

The times are too difficult and the crisis too severe to indulge in schadenfreude. Looking at it in perspective, the fact that there would be a financial crisis was perfectly predictable: its general nature, if not its magnitude. Markets are always inefficient. — Noam Chomsky

Properties have different characteristics, like companies, and the market throws up more opportunities because it is inefficient. — Barry Sternlicht

There is no doctrine of the Reason which will bear to be taught by the Understanding. — Ralph Waldo Emerson

The market is incredibly inefficient and capable on rare occasions of being utterly dysfunctional. And people have a really hard time getting their brain around that fact. They want to believe that it's approximately efficient almost all the time, and it simply isn't true. — Jeremy Grantham

Plenty of funds have fine long-term returns despite being tax-inefficient and generally costly. But a dirty secret is this: Average, no-load fund investors do much worse than the funds - or the market. — Kenneth Fisher

Marco Polo had been to China; Vasco de Gama had discovered the route to the Cape. The continent was in ferment, in movement, whereas the Mexican world was ... absolutely hermetically closed. The arrival of the Spaniards must have been like the arrival of people from Mars ... totally unsuspected aliens. The shock must have been profound ... I think it's one of the reasons behind the downfall of the Aztec Empire. In a sense, I think the Aztec Empire died of astonishment, more than anything else. — Carlos Fuentes

We are told that small-scale farming is inefficient - this is true - and that because our factory farms feed the masses, and do so cheaply, we should be satisfied. And that's a deal that makes sense to nearly all of us: just keep the stuff showing up in produce bins and under cellophane in the supermarket cooler, and keep it relatively cheap, and we'll ask no questions. But in striking that devil's bargain, we sign away our responsibility for what's in that food, how it got there, and what was done to human communities to close the deal. To participate in a system and a way of thinking in which the act of eating is merely a commercial transaction is to sell out our spiritual and cultural patrimony. I understand the free-market reasons why Americans do this. But I don't understand why it is called conservative. — Rod Dreher

If I wasn't dyslexic, I probably wouldn't have won the Games. If I had been a better reader, then that would have come easily, sports would have come easily ... and I never would have realized that the way you get ahead in life is hard work. — Caitlyn Jenner

Of all ills that one endures, hope is a cheap and universal cure. — Abraham Cowley

An industrial policy worked in Taiwan only because the state was able to shield its planning technocrats from political pressures so that they could reinforce the market and make decisions according to criteria of efficiency - in other words, worked because Taiwan was not governed democratically. An American industrial policy is much less likely to improve its economic competitiveness, precisely because America is more democratic than Taiwan or the Asian NIEs. The planning process would quickly fall prey to pressures from Congress either to protect inefficient industries or to promote ones
favored by special interests. — Francis Fukuyama

For too long we've been suffering the tyranny of lowest-common-denominator fare, subjected to brain-dead summer blockbusters and manufactured pop. Why? Economics. Many of our assumptions about popular taste are actually artifacts of poor supply-and-demand matching - a market response to inefficient distribution. — Chris Anderson

Yet, with all that, no one dared to interfere. Burke had exhausted all his eloquence in trying to induce the British Government to fight the revolutionary government of France, but Mr. Pitt, with characteristic prudence, did not feel that this country was fit yet to embark on another arduous and costly war. It was for Austria to take the initiative; Austria, whose fairest daughter was even now a dethroned queen, imprisoned and insulted by a howling mob; surely 'twas not - so argued Mr. Fox - for the whole of England to take up arms, because one set of Frenchmen chose to murder another. — Emmuska Orczy

Market fundamentalists recognize that the role of the state in the economy is always disruptive, inefficient, and generally has negative connotations. This leads them to believe that the market mechanism can take care of all the problems. — George Soros

If you spend any amount of time doing media analysis, it's clear that the most frenzied moral panic surrounding young women's sexuality comes from the mainstream media, which loves to report about how promiscuous girls are, whether they're acting up on spring break, getting caught topless on camera, or catching all kinds of STIs. Unsurprisingly, these types of articles and stories generally fail to mention that women are attending college at the highest rates in history, and that we're the majority of undergraduate and master's students. Well-educated and socially engaged women just don't make for good headlines, it seems. — Jessica Valenti

Books are important. They help you sleep at night. — Laura Bush

An overall picture of how a developing country with considerable amount of natural resources may get in trouble can be described by discussing the lack of absorption capacity where overspending on domestically produced goods leads to increased price level.Further, an inefficient choice of public policy cause poor economic performance through the mismanagement of budget expenditure. In this case governments undertake projects not to achieve social optimality rather to increase their fame. Hence "easy money" may easily lead to increased corrupt activities in contracting projects thereby affecting negatively the transparency level and the competitiveness of market economy — Anonymous

Were you disappointed?"
She takes a deep breath, looking down at her hands. "My heart was. My head wasn't. Most days I'm at war with myself. My head wins, usually. And for that I'm glad. — Melinda Salisbury

Like its agriculture, Africa's markets are highly under-capitalized and inefficient. We know from our work around the continent that transaction costs of reaching the market, and the risks of transacting in rural, agriculture markets, are extremely high. In fact, only one third of agricultural output produced in Africa even reaches the market. — Eleni Zaude Gabre-Madhin

Days are like years in the love of the young, when no bar, no obstacle, is between their hearts,
when the sun shines, and the course runs smooth
when their love is prosperous and confessed. — Edward Bulwer-Lytton, 1st Baron Lytton

Blusterous -- adj. a word used to describe those Atmospheric Conditions in which one's ears are adversely affected {and possibly one's house}. — A.R. Melrose

I give myself the green light to move forward, and to joyously embrace the new. — Louise Hay

This was what happened when you spent months locked away from the world: you regressed. — Kimberly McCreight

The market is a mechanism for sorting the efficient from the inefficient, it is not a substitute for responsibility. — Charles Handy

Many businesses with unpopular products or inefficient production find it much easier to curry the favor of a few influential politicians or a government agency than to compete in the open market. — Charles Koch

Well, let's argue this out, Mr Blank. You, who represent Society, have the right to pay me four hundred francs a month. That's my market value, for I am an inefficient member of Society, slow in the uptake, uncertain, slightly damaged in the fray, there's no denying it. So you have the right to pay me four hundred francs a month, to lodge me in a small, dark room, to clothe me shabbily, to harass me with worry and monotony and unsatisfied longings till you get me to the point when I blush at a look, cry at a word. We can't all be happy, we can't all be rich, we can't all be lucky - and it would be so much less fun if we were. Isn't it so, Mr Blank? There must be the dark background to show up the bright colours. Some must cry so that the others may be able to laugh the more heartily. — Jean Rhys