Open Market Quotes & Sayings

The stock exchanges have converted from "open outcry" where wild traders face each other, yelling and screaming as in a souk, then go drink together. Traders were replaced by computers, for very small visible benefits and massively large risks. While errors made by traders are confined and distributed, those made by computerized systems go wild - in August 2010, a computer error made the entire market crash (the "flash crash"); in August 2012, as this manuscript was heading to the printer, the Knight Capital Group had its computer system go wild and cause $10 million dollars of losses a minute, losing $480 million. — Nassim Nicholas Taleb

The masses procure their opinions ready made in open market. — Charles Caleb Colton

Unless there is free and fair competition, there can't be healthy economic development. And what we have in Burma now is not an open-market economy that allows free and fair competition, but a form of colonialism makes a few people very, very wealthy. It's what you would crony capitalism. — Aung San Suu Kyi

Today in Sri Lanka, Pope Francis visited a Buddhist temple. When asked why, the Pope said, 'Just keeping my options open. It's a dicey job market. You never know.' — Conan O'Brien

She shielded her eyes with a salute to the afternoon sun. "Right there, where the ground is blackened, just to the left of that cloud, that's where the Presidential Palace stood." Rotating in a slow circle, her index finger pressed the past into the empty panorama. The market selling Levi's two decades before any licensed clothing store. The music college, where some years earlier a prodigy had learned to play the viola by listening to the two-hundred-year history of chamber music lilting through those open windows. She reconstructed the square for Akhmed - her voice raised every edifice from the dust, replanted every linden tree - because that was easier than apology. — Anthony Marra

Americans have always pursued our dreams within a free market that has been the engine of our progress. It's a market that has created a prosperity that is the envy of the world, and rewarded the innovators and risk-takers who have made America a beacon of science, and technology, and discovery. But the American economy has worked in large part because we have guided the market's invisible hand with a higher principle - that America prospers when all Americans can prosper. That is why we have put in place rules of the road to make competition fair, and open, and honest. — Barack Obama

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

I grew up in a time when Eames and Le Corbusier and Frank Lloyd Wright and other architects were putting their furniture and objects on the market. You could buy some of those objects on the open market. Eames was a huge influence on all of us in school. — Michael Graves

Every fifth link in the Chain was public property. These tended to be parks, though some served as cultural facilities. So you were never more than two links away from green, or at least open, space. The other 576 links were privately owned, and constituted a commercial and residential real estate market that would have been easily recognizable to any pre-Zero property magnate. — Neal Stephenson

A market that's as open as possible is the precondition for a successful economy, and a successful economy is the precondition to being able to pay for social security. — Gerhard Schroder

Whoever the kid had been, whoever had the grand attitude, has finally heeded the admonishment of parents, teachers, governments, religions, and the law: "You just change your attitude now please, young man." This transformation in kids - from flashing dragonflies, so to say, to sticky water-surface worms slowly slipping downstream - is noticed with pride by society and with mortification by God, which is a fantastic way of saying I don't like to see kids throw away their truth just because it isn't worth a dime in the open market. — William, Saroyan

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

Here's how to get started with the antipolitical politics of the Benedict Option. Secede culturally from the mainstream. Turn off the television. Put the smartphones away. Read books. Play games. Make music. Feast with your neighbors. It is not enough to avoid what is bad; you must also embrace what is good. Start a church, or a group within your church. Open a classical Christian school, or join and strengthen one that exists. Plant a garden, and participate in a local farmer's market. Teach kids how to play music, and start a band. Join the volunteer fire department. — Rod Dreher

Investors don't like uncertainty. The market is telling us that they need certainty, they need to see where the economy is heading. If the government is committed to continue the Open Door policy, they will need to come up with concrete policies and execution steps to increase confidence. — Zhang Xin

We need open, competitive, market economies ... but at the same time with effective regulation and supervision. — Jose Manuel Barroso

This great artist is a man whose life-time is consumed by struggle : partly against material circumstances, partly against incomprehension, partly against himself ... In no other culture has the artist been thought of in this way. Why then in this culture? We have already referred to the exigencies of the open art market. But the struggle was not only to live. Each time a painter realized that he was dissatisfied with the limited role of painting as a celebration of material property and of the status that accompanied it, he inevitably found himself struggling with the very language of his own art as understood by the tradition of his calling.
...
Every exceptional work was the result of a prolonged successful struggle. Innumerable works involved no struggle. There were also prolonged yet unsuccessful struggles. (P.104) — John Berger

Don't open your diamonds in a vegetable market. Tie them in bundle and keep them in your heart, and go your own way. — Kabir

The dynamic with social is you tend not to have products with 30% market share. It's all or nothing. Email works because we have open standards that let you communicate across any email client. — Aaron Levie

I hate spinach," the President of the United States blurted out. "Not the least bit sorry to see it happen." He spoke these candid words in a hush-hush, closed-door meeting with a "special advisor" from agribusiness giant, AgriNu. "Hate it." The President went on, "You know what else I hate? Peas. Despise peas ... and there's so many of them." Edwin Edwards (why do parents do that?), otherwise known as Mr. Ed, leaned back with a sly smile. "What if I told you there was a way to get rid of spinach? And peas? And, at the same time, break open this damned European block to our special genetically modified seeds, allowing us to finally take control of the world market?" The President settled back in his seat, indicating for him to go on. Despite not liking vegetables, the President liked a man with a big appetite. — Sharon Weil

Crony capitalism is much easier than competing in an open market. But it erodes our overall standard of living and stifles entrepreneurs by rewarding the politically favored rather than those who provide what consumers want. — Charles Koch

Open innovation is a paradigm that assumes that firms can and should use external ideas as well as internal ideas, and internal and external paths to market, as the firms look to advance their technology — Henry Chesbrough

We are not afraid to entrust the American people with unpleasant facts, foreign ideas, alien philosophies, and competitive values. For a nation that is afraid to let its people judge the truth and falsehood in an open market is a nation that is afraid of its people.
[Remarks on the 20th Anniversary of the Voice of America; Department of Health, Education, and Welfare, February 26, 1962] — John F. Kennedy

Whatever market for manufactured goods emerged in colonial and dependent countries did not become the "eternal market" of these countries. Thrown wide open by colonization and by unequal treaties, it became an appendage of the "internal market" of Western capitalism. — Paul A. Baran

I'm open to anyone who can or has demonstrated that they can effectively market and distribute with the best. It wouldn't hurt if they could put up with my nonsense too. — Vantile Whitfield

Getting a lousy education, then spending a lifetime pitted against your fellow workers in the gladiatorial theater of the free market economy does not make for optimism or open mindedness, both hallmarks of liberalism. It makes for a kind of bleak coarseness and inner degradation that allows working people to accept the American empire's wars without a blink. — Joe Bageant

Modern cosmetic surgeons have a direct financial interest in a social role for women that requires them to feel ugly. They do not simply advertise for a share of a market that already exists: Their advertisements create new markets. It is a boom industry because it is influentially placed to create its own demand through the pairing of text with ads in women's magazines. The industry takes out ads and gets coverage; women get cut open. They pay their money and they takes their chances. As surgeons grow richer, they are able to command larger and brighter ad spaces. — Naomi Wolf

I think the actions taken by the (rate-setting) Federal Open Market Committee have been the appropriate actions. And I assume we will continue to take the appropriate actions, depending on what is happening with the data and the dynamics of the economy — Bill Vaughan

I sit on the bench in front of Bell's Market and think about Homer Buckland and about the beautiful girl who leaned over to open his door when he come down that path with the full red gasoline can in his right hand - she looked like a girl of no more than sixteen, a girl on her learner's permit, and her beauty was terrible, but I believe it would no longer kill the man it turned itself on; for a moment her eyes lit on me, I was not killed, although a part of me died at her feet. (from the short story Mrs. Todd's Shortcut) — Stephen King

Do I want to see people take their Social Security payments and put them into private accounts, open up an eTrade account and go into the stock market? Absolutely not. — Sean Duffy

A fine morning's killing, ay! All their necks wrung - all dead birds! Once they could fly - fly and swim! Fly and swim! All dead now - and sold cheap in the open market! — Marie Corelli

Open-market democratic capitalism isn't the best system of government in the world, it just works the best. — John Ringo

Japan's inexplicable lack of response to even consider a move to re-open their market to U.S. beef will sorely tempt economic trade action against Japan. — Saxby Chambliss

A nation that is afraid to let its people judge the truth and falsehood in an open market is a nation that is afraid of its people. — John F. Kennedy

While I believe firmly in open markets and free trade, I also believe an open market needs a level playing field. — Philip Hammond

Under a cold turkey strategy, at each policy meeting the Federal Open Market Committee would make its best guess about where it ultimately wants the funds rate to be and would move to that rate in a single step. — Ben Bernanke

As the company grew, Charles remained in Wichita, working ten-hour days, six days a week. When he proposed to his future wife, Liz, he did so reportedly over the phone, and she could hear him flipping through his busy date book in search of an open day for the wedding. In preparation, he required her to study free-market economics. — Jane Mayer

Lou took a deep breath, inhaling the scent of just-cut flowers, fresh tamales from the food stands, and sunshine. She preferred the West Allis farmers' market to all others in the area, with its open sides, wide walkways, and rows of stalls. More recently, small tents serving hot sandwiches and fresh Mexican food had popped up outside the brick walls. It all looked so good, she'd learned long ago to come with limited funds or she would buy more produce than she could possibly use. She relished talking to the farmers, learning about what they grew and where. She liked to search for farmers growing something new and interesting she could use at Luella's.
But today's visit was personal, not business. Sue had dragged her out to West Allis for a little lunch and some girl time with fall squash and Honeycrisp apples. — Amy E. Reichert

Remember Rio de Janeiro, the size of God's hand, sardines fleshed-open at the market, the way I entered you and moved inside? Looking down, is this the kind of density you can live with? What is the slightness of our bodies to stay, to be good at loving a second time? My mouth pretends it is an oar when it lives inside your mouth, but you are far away. — Stacie Cassarino

As I got her to explain to other people her evidence about the lack of effectiveness of funding formal education, one person got frustrated with our skepticism. Wolf's answer to him was "real education is this," pointing at the room full of people chatting. Accordingly, I am not saying that knowledge is not important; the skepticism in this discussion applies to the brand of commoditized, prepackaged, and pink-coated knowledge, stuff one can buy in the open market and use for self-promotion. — Nassim Nicholas Taleb

An open, competitive, and liberalized financial market can effectively allocate scarce resources in a manner that promotes stability and prosperity far better than governmental intervention. — Henry Paulson

The whole world is an open, free market. No state can exist without the others. — Recep Tayyip Erdogan

Opposite the Half-Axe was the narrow-fronted entrance to a shop devoted to short lengths of rope and wooden poles a man and a half high. Tehol had no idea how such a specialized enterprise could survive, especially in this unravelled, truncated market, yet its door had remained open for almost six centuries, locked up each night by a short length of rope and a wooden pole. — Steven Erikson

The Fed has one power that is unique to it alone: it enables the creation of money out of thin air. Sometimes it makes vast new amounts. Sometimes it makes lesser amounts. The money takes a variety of forms and enters the system in various ways. And the Fed does this through techniques such as open-market operations, changing reserve ratios, and manipulating interest rates, operations that all result in money creation. — Ron Paul

Stars flicker above, points of bright ice in a dark river. I pull a heavy sheepskin around my legs and stretch my feet toward the fire. Despite the cold, Liam plays his flute, the sound whistling through the night. Soon my eyes are heavy, my head nodding.I open my eyes at the deep melodious baritone of Salvius's voice telling a tale. Liam's flute is silent now. I have heard Salvius tell many tales on market days; he is known for his memory of wandering minstrels and mummers who visit us at Whitsunday and through Midsummer. Salvius is a mockingbird: he can give a fair charade of the rhythmic tones of any wandering bard or any noble of the Royal Court.In this darkness, his eyes catch the light like a cat in the night. — Ned Hayes

A terrible thing has now happened to religion. Except in the places where it can still enforce itself by fear superimposed on ignorance, it has become one opinion among many. It is forced to compete in the free market of ideas and, even when it strives to retain the old advantage of inculcating its teachings into children (for reasons that are too obvious to need underlining), it has to stand up in open debate and submit to free inquiry. — Christopher Hitchens

For DeHaven it was well worth the extra money to a federal budget that had always allocated more to war than it ever did to peaceful purposes. For a fraction of the cost of one missile he could purchase on the open market every work the library needed to round out its rare books collection. Yet politicians believed that missiles kept you safe, whereas actually books did, and for a simple reason. Ignorance caused wars, and people who read widely were seldom ignorant. — David Baldacci

He has waged cruel war against human nature itself, violating it's most sacred rights of life and liberty in the persons of a distant people who never offended him, captivating & carrying them into slavery in another hemisphere, or to incur miserable death in their transportation thither. This practical warfare, the opprobrium of INFIDEL powers, is the warfare of the CHRISTIAN king of Great Britain. Determined to keep open a market where MEN should be bought & sold, he has prostituted his negative for suppressing every legislative attempt to prohibit or to restrain this execrable commerce. — Thomas Jefferson

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

In practice, a large market will either lack a good starting point or it will be open to competition, — Peter Thiel

The Open Market Committee, as presently established, is plainly not in the public interest. This committee must be operated by purely public servants, representatives of the people as a whole and not any single interest group. The Open Market Committee should be abolished, and its powers transferred to the Federal Reserve Board - the present public members of the committee, with reasonably short terms of office. — Wright Patman

The biggest challenge for open source is that as it enters the consumer market, as projects like WordPress and Firefox have done, you have to create a user experience that is on par or better than the proprietary alternatives. — Matt Mullenweg

'Instructions Not Included' is proving that there is a huge Latin market that needs a special project. They love seeing their own people; they want to see themselves onscreen. In my case, I know them pretty well. I know what they laugh at. I think it's going to open a lot of doors, this movie. — Eugenio Derbez

Kate faced the crowd. They were just eyes and teeth to her, just spit and voices. It was a moment, even, before they became people: a man with one blind eye, another whose neck was thick with lumps and weeping wounds of scrofula. The poorest of the market.
At Kate's feet, Drina. Her scarf and shirt were torn open. — Erin Bow

If I am confirmed, I am confident that my colleagues on the Federal Open Market Committee and I will maintain the focus on long-term price stability as monetary policy's greatest contribution to general economic prosperity and maximum employment. — Ben Bernanke

It was in the open market that we found Joe DiMaggio with the San Francisco Seals. A bad knee had scared everybody else off DiMaggio. But we risked $25,000 in cash and five players, and landed a star whom I would not sell for $250,000. — Jacob Ruppert

Do you have a pet bird?' I asked, looking around the room.
'Oh, heavens, no. I'd never cage a bird. I can't imagine a worse fate, can you? I bought this cage at a market in Peru several years ago. I hung it here and wired the door open to remind myself how delicious freedom is
financial and otherwise. — Beth Hoffman

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

Because of rampant inflation, living standards have been dropping for the great majority of the population. The people are poorer because standards of health and education have fallen. And conditions in the rural areas are worse off than they have ever been. So, you cannot equate the so-called open-market economy adopted by the SLORC with any real development that benefits people. — Aung San Suu Kyi

There's an ongoing competition by global companies across all areas from products, technology development and hiring talented people to patent disputes. The market is big and opportunities are wide open, so we should find out new businesses that Samsung's future will hinge on. — Lee Kun-hee

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

Upper education used to open doors. Not so true anymore. The degree used to be a screening tool, but that is falling by the wayside as there are a glut of college grads on the market. — Dale Archer

... it is the public sector I find more interesting, because governments and other non-market institutions have long suffered from the innovation malaise of top-heavy bureaucracies. Today, these institutions have an opportunity to fundamentally alter the way they cultivate and promote good ideas. The more the government thinks of itself as an open platform instead of a centralized bureaucracy, the better it will be for all of us, citizens and activists, and entrepreneurs alike. — Steven Johnson

China has seen a great deal of economic progress. It's certainly rather of a miracle. The growing role of the market in the economy will force China to open up its political system over time and to move toward a more democratic society. So taken as a whole, the one real failure in this whole business has been Russia. — Milton Friedman

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

nothing can be perfect; nobody has perfect luck and skills, nor could they have studied and worked every day of their lives. In the business world, this truly leaves a field open for competition in almost any market space, and leaves you with years of time to study, practice and build. This can make up for any luck or genetic advantage that you may think you are missing. As long as you choose to build your self-confidence proactively, you can compete in business and in life irrespective of the past. — Mike Mann

The obvious one, in a market system, in a really functioning one, whoever's making the decisions doesn't pay attention to what are called externalities, effects on others. I sell you a car, if our eyes are open we'll make a good deal for ourselves but we're not asking how it's going to affect her [over there.] It will, there'll be more congestion, gas prices will go up, there will be environmental effects and that multiplies over the whole population. Well, that's very serious. — Noam Chomsky

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

If you had the opportunity and some talent, there was no way you couldn't progress, because it was an open market. There was the advertising world, and there was the documentary world. — Richard Donner

[There are] code words used today to measure the 'authenticity' of relationships or other persons. We speak of whether we can personally 'relate' to events or other persons, and whether in the relationship itself people are 'open' to one another. The first is a cover word for measuring the other in terms of a mirror of self-concern, and the second is a cover for measuring social interaction in terms of the market exchange of confession. — Richard Sennett

Is France a completely open market to G.E.? No, of course not. I think we're more discerning about China because it's China, and they're big, and they're more concerning. But the best global companies are ones that are nuanced. — Jeffrey R. Immelt

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

Over the years, I observed that many talented graphic designers, including those in my own family, had difficulty getting their designs to market. I thought it would be possible to hold open stationery design competitions where all designers could participate. — Mariam Naficy

My favourite Nice restaurant is in the market. It's open mainly for the market people, and shuts in August. — Mary Quant

At the end of the presentation someone asked whether he thought they should do some market research to see what customers wanted. "No," he replied, "because customers don't know what they want until we've shown them." Then he pulled out a device that was about the size of a desk diary. "Do you want to see something neat?" When he flipped it open, it turned out to be a mock-up of a computer that could fit on your lap, with a keyboard and screen hinged together like a notebook. "This is my dream of what we will be making in the mid-to late eighties," he said. They were building a company that would invent the future. — Walter Isaacson

I think we've built a bit of a culture and a market around people who are open and seek out that social interaction. — Logan Green

Once you understand the process of corporate globalization, you have to see that what happened in Argentina, the devastation of Argentina by the IMF, is part of the same machine that is destroying Iraq. Both are efforts to break open and to control markets. And so Argentina is destroyed by the chequebook, and Iraq is destroyed by the cruise missile. If the chequebook won't work, the cruise missile will. Hell hath no fury like a market scorned. — Arundhati Roy

Google will be obliged either to accept Chinese regulations or exit the world's largest Internet market, with serious consequences for its long-term global ambitions. This is a metaphor for our times: America's most dynamic company cannot take on the Chinese government - even on an issue like free and open information - and win. — Martin Jacques

Choose your battles well. There is no point in launching a fight over some minor matter. Pay your parking tickets, but fight like hell if your land is under threat, if your local farmers' market is being moved or closed, or the open wild land next door is proposed for two hundred condominiums. — Michael Ableman

If the veteran only has a year or two left on his contract, teams are hesitant to trade a draft pick for a player in that position. Why pay a big cap number for a guy you might only have for a short time And then there's the reality that the veteran and the agent would probably want to be on the open market anyway, figuring they'll get more money that way. The system is not conducive to making a deal for a veteran. — Marty Hurney

You are a stolen painting, Kuwei. Too recognizable to sell on the open market, too valuable to leave lying around. You are worthless to me. — Leigh Bardugo

There's only one thing that all of the central banks control and that is the base, their own liability, and they can control that in various ways. They can control it directly by open market operations, buying and selling government securities or other assets, for example, buying and selling gold, or they can control it indirectly by altering the rate at which banks lend to one another. — Milton Friedman

If it wasn't for Abe Lincoln, I'd still be on the open market. — Dick Gregory

The Federal Open Market Committee (FOMC) is committed to policies that promote maximum employment and price stability, consistent with our mandate from Congress. — Janet Yellen

In short, capitalism depends on ever-growing amounts of state intervention in the market for its survival, and the system is hitting the point where the teat runs dry.

The result is a system in which governments and corporations are increasingly hollowed out. And meanwhile, growing up within this corporate capitalist "integument," things like open source software and culture, open-source industrial design, permaculture and low-overhead garage micromanufacturing eat the corporate-state economy alive. An ever-growing share of labor and production are disappearing into relocalized resilient economies, self-employment, worker cooperatives and the informal and household economy. In the end, they will skeletonize the corporate dinosaurs like a swarm of piranha. — Kevin A. Carson