Market Of Choice Quotes & Sayings

The nature of the economic system should be a matter for public choice, and free market capitalism should not be accepted without any discussion of the rich variety of alternatives ... Unlike civil laws, economic laws are imposed on people with all the authority of immutable laws of nature. But the economy is created by people, supported by government intervention, regulation, statute and subsidy, and implemented in such a way that it gives substantial wealth and power to a privileged few, while the majority face a life of relentless work, stress and periodic financial insecurity. — Tony Benn

Stress is a choice. Do you buy that? Some people have a hard time with the idea. Yes, bad things happen: The economy sours, our business struggles, the stock market tumbles, jobs are lost, people around us don't follow through, deadlines are missed, projects fail, good people leave. Life is full of these. But still, stress is a choice because whatever the 'trigger event,' we always choose our own response. We choose to react angrily. We choose to stuff our emotions and keep quiet. We choose to worry. Stress is a choice. — John G. Miller

A Belgian journalist, struggling to describe the scene, had said that it resembled a cross between a permanent mass wake, an ongoing grad night for at least a dozen subcultures unheard of before the disaster, the black market cafes of occupied Paris, and Goya's idea of a dance party (assuming Goya had been Japanese and smoked freebase methamphetamine, which along with endless quantities of alcohol was clearly the Western World's substance of choice). It was, the Belgian said, as though the city, in its convolsion and grief, had spontaneously and necessarily generated this hidden pocket universe of the soul, its few unbroken windows painted over with black rubber aquarium paint. There would be no view of the ruptured city. As the reconstruction began around it, it had already become a benchmark in Tokyo's psychic history, an open secret, an urban legend. — William Gibson

Together, the property rights and public choice schools show only that, if you start by assuming a purely individualistic model of human behavior and treat politics as if it were a pale imitation of the market, democracy will, indeed, make no sense. — Paul Starr

By this definition we are in the middle of a revolution: something wider than a pure political overthrow and narrower than the classic social revolutions of the twentieth century. Out of the very values and practices of free-market capitalism - individualism, choice, respect for human rights, the network, the flattened hierarchy - the masses have developed a new collective practice. They can bypass and supersede the machinery of power via, as Gorz predicted, an 'alternative network of relations'. — Paul Mason

To deny political equality is to rob the ostracised of all self-respect; of credit in the market place; of recompense in the world of work; of a voice among those who make and administer the law; a choice in the jury before whom they are tried, and in the judge who decides their punishment. — Elizabeth Cady Stanton

Our sacred writ is advertising, our piety is shopping, our highest devotion is private choice. God and the soul too often hinder the purely acquisitive longings upon which the market depends, and confront us with values that stand in stark rivalry to the one truly substantial value at the center of our social universe: the price tag. — David Bentley Hart

Our lives are shaped as profoundly by personality as by gender or race. And the single most important aspect of personality - the "north and south of temperament," as one scientist puts it - is where we fall on the introvert-extrovert spectrum. Our place on this continuum influences our choice of friends and mates, and how we make conversation, resolve differences, and show love. It affects the careers we choose and whether or not we succeed at them. It governs how likely we are to exercise, commit adultery, function well without sleep, learn from our mistakes, place big bets in the stock market, delay gratification, be a good leader, and ask "what if."* It's reflected in our brain pathways, neurotransmitters, and remote corners of our nervous systems. Today introversion and extroversion are two of the most exhaustively researched subjects in personality psychology, arousing the curiosity of hundreds of scientists. — Susan Cain

The perfect target market for a startup is a small group of particular people concentrated together and served by few or no competitors. Any big market is a bad choice, and a big market already served by competing companies is even worse. This is why it's always a red flag when entrepreneurs talk about getting 1% of a $100 billion market. In practice, a large market will either lack a good starting point or it will be open to competition, so it's hard to ever reach that 1%. And even if you do succeed in gaining a small foothold, you'll have to be satisfied with keeping the lights on: cutthroat competition means your profits will be zero. — Peter Thiel

In every aspect of life, including the economic dimension, we are always challenged to do the right thing. In many cases in the market system, which allows a great deal of latitude for human choice, people can get carried away to excess. — Lee R. Raymond

I have often thought that if heaven had given me choice of my position and calling, it should have been on a rich spot of earth, well watered, and near a good market for the productions of the garden. No occupation is so delightful to me as the culture of the earth, and no lucture comparable to that of the garden. Sucha a variety of subjeccts, some one always coming to perfection, the failure of one thing repaired by the succes of another, and instead of one harvest a continued one through the year. Under a total want of demand except for our family table, I am still devoted to the garden. — Thomas Jefferson

Every market has some rules and boundaries that restrict freedom of choice. A market looks free only because we so unconditionally accept its underlying restrictions that we fail to see them. — Ha-Joon Chang

Competitiveness demands flexibility, choice and openness - or Europe will fetch up in a no-man's land between the rising economies of Asia and market-driven North America. — David Cameron

The welfare state destroys the market mechanisms - lessens free choice and willing exchange. Simultaneously creating unnatural specializations, it must, granted statism's premise, resort to welfarism; that is, it must assume the responsibility for the people's welfare: their employment, their old age, their income, and the like. As this is done, man loses his wholeness; he is dispossessed of responsibility for self, the very essence of his manhood. The more dependent he becomes, the less dependable! — Leonard Read

There's not a single country that actually approaches economics in a pure, free market, capitalist way. I like the free market - but it very much exists only in textbooks. If I had a choice, and we could live in a very pure world, I would be a supporter of the free markets. — Dambisa Moyo

When the FDA forces an old drug off the market, patients have very little say in the matter. Patients have even less of a say when the FDA chooses not to approve a new drug. Instead, we are supposed to rely on the FDA's judgment and be grateful. But can the FDA really make a choice that is appropriate for everyone? Of course not. — Alex Tabarrok

What we're now starting to see, as online retailers begin to capitalize on their extraordinary economic efficiences, is the shape of a massive mountain of choice emerging where before there was just a peak ... By necessity, the conomics of traditional, hit-driven retail limit choice. When you dramatically lower the costs of connecting supply and demand, it changes not just the numbers, but the entire nature of the market. This is not just a quantiative change, but a qualitative one, too. Bringing niches within reach reveals latent demand for noncommercial content. Then, as demand shifts toward the niches, the economics of provided them improve further, and so on, creating a positive feedback loop that will transform entire industries - and the culture - for decades to come. — Chris Anderson

America has value-based leadership. America is valued - America is followed by other nations, including my own nation, because it's based on the values that America has to offer to the rest of the world - freedom, freedom of choice, democracy, open market. — Mikhail Saakashvili

There is absolutely a gap in the market for thirty something women and, the more I look at it, the more I feel there needs to be a sense of ease and choice. — Phoebe Philo

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

The state owned monopolies are among the greatest millstones round the neck of the economy ... Liberals must stress at all times the virtues of the market, not only for efficiency but to enable the widest possible choice ... Much of what Mrs Thatcher and Sir Keith Joseph say and do is in the mainstream of liberal philosophy. — Jo Grimond

The Openbucks Gift Card Payment Network taps into a whole new market of consumers that either by choice or due to limited resources may not have been able to previously buy goods online. — Jerry Yang

When he tries to extend his power over objects, those objects gain control of him. He who is controlled by objects loses possession of his inner self ... Prisoners in the world of object, they have no choice but to submit to the demands of matter! They are pressed down and crushed by external forces: fashion, the market, events, public opinion. Never in a whole lifetime do they recover their right mind! ... What a pity! — Zhuangzi

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. — Robert B. Reich

The big banks advise cities about whether privatization is a wise choice. They also control the ability of states and cities to access the market for their financing needs. — Bethany McLean

Late modern society is principally concerned with purchasing things, in ever greater abundance and variety, and so has to strive to fabricate an ever greater number of desires to gratify, and to abolish as many limits and prohibitions upon desire as it can. Such a society is already implicitly atheist and so must slowly but relentlessly apply itself to the dissolution of transcendent values. It cannot allow ultimate goods to distract us from proximate goods. Our sacred writ is advertising, our piety is shopping, our highest devotion is private choice. God and the soul too often hinder the purely acquisitive longings upon which the market depends, and confront us with values that stand in stark rivalry to the only truly substantial value at the center of the social universe: the price tag. — David Bentley Hart

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

Grief is an element of aliveness and the answer to the denial the market demands of us. It is an index of our humanity. It is proof of the presence of our relatedness to each other. It is a communal practice that recognizes that choosing the wilderness of vulnerability, mystery, and anxiety was a good and life-affirming choice. — Walter Brueggemann

When you do a film in a foreign language, you know there's a cost in it, that you know, unfortunately, the audiences of foreign language films have not been cultivated. There's a market, but the market has been reduced, unfortunately, and you know that when you're making a foreign language film, you're making a choice. — Alejandro Gonzalez Inarritu

CEI in 1992 "advised" the Food and Drug Administration to approve recombinant bovine somatotropin, which is a bioengineered growth hormone. Now surely such recommendation would be accompanied by the further suggestion of labeling the resulting products so that consumer choice- that ultimate driver of market forces-could be openly exercised? Think again: the CEI argued that mandatory labeling of dairy products is "inappropriate" because it violates the First Amendment (which includes the right to free speech-of the cows?). — Massimo Pigliucci

..."extreme capitalism": the obsessive, uncritical penetration of the concept of the market into every aspect of American life, and the attempt to drive out every other institution, including law, art, culture, public education, Social Security, unions, community, you name it. It is the conflation of markets with populism, with democracy, with diversity, with liberty, and with choice---and so the denial of any form of choice that imposes limits on the market. More than that, it is the elimination of these separate concepts from our political discourse, so that we find ourselves looking to the stock market to fund retirement, college education, health care, and having forgotten that in other wealthy and developed societies these are rights, not the contingent outcomes of speculative games.

James K. Galbraith, Lloyd M. Bentsen Jr. Chair in Government/Business Relations and Professor of Government, University of Texas. — James K. Galbraith

Professional investment may be likened to those newspaper competitions in which the competitors have to pick out the six prettiest faces from a hundred photographs, the prize being awarded to the competitor whose choice most nearly corresponds to the average preferences of the competitors as a whole; so that teach competitor has to pick not those faces which he himself finds prettiest, but those which he thinks likeliest to catch the fancy of the other competitors, all of whom are looking at the problem from the same point of view. It is not a case of choosing those which, to the best of one's judgement are really the prettiest, nor even those which average opinion genuinely thinks the prettiest. We have reached the third degree where we devote our intelligences to anticipating what average opinion expects the average opinion to be. And there are some, I believe, who practice the fourth, fifth and higher degrees. — John Maynard Keynes

Small- and medium-sized businesses need access to a diverse range of finance options, including non-bank lending. These new forms of finance are still small in scale today but they should, over time, bring additional choice and greater competition to the lending market. — Vince Cable

There is simply no other choice than this: either to abstain from interference in the free play of the market, or to delegate the entire management of production and distribution to the government. Either capitalism or socialism: there exists no middle way. — Ludwig Von Mises

Given a choice between patterns of subsistence that are relatively unfavorable to the cultivator but which yield a greater return in manpower or grain to the state and those patterns that benefit the cultivator but deprive the state, the ruler will choose the former every time. The ruler, then, maximizes the state-accessible product, if necessary, at the expense of the overall wealth of the realm and its subjects. — James C. Scott

Do not be fooled by those who see you as just another consumer in a market of undifferentiated possibilities, where choice itself becomes the good, novelty usurps beauty, and subjective experience displaces truth. — Pope Benedict XVI

Like casinos, large corporate entities have studied the numbers and the ways in which people respond to them. These are not con tricks - they're not even necessarily against our direct interests, although sometimes they can be - but they are hacks for the human mind, ways of manipulating us into particular decisions we otherwise might not make. They are also, in a way, deliberate underminings of the core principle of the free market, which derives its legitimacy from the idea that informed self-interest on aggregate sets appropriate prices for items. The key word is 'informed'; the point of behavioural economics - or rather, of its somewhat buccaneering corporate applications - is to skew our perception of the purchase to the advantage of the company. The overall consequence of that is to tilt the construction of our society away from what it should be if we were making the rational decisions classical economics imagines we would, and towards something else. — Nick Harkaway