Mesillat Yesharim (1738), Introduction
“The greatness of a free-market economy is that it does not depend upon the wisdom of those who happen to be on top at the moment.”
“Rise and fall of a business,” Monterey Herald, December 30, 2000
2000s
Help us to complete the source, original and additional information
Do you have more details about the quote "The greatness of a free-market economy is that it does not depend upon the wisdom of those who happen to be on top at t…" by Thomas Sowell?
Thomas Sowell 101
American economist, social theorist, political philosopher … 1930Related quotes
“How much does the fame of human actions depend upon the station of those who perform them!”
Quam multum interest quid a quoque fiat!
Pliny the Younger
(61–113) Roman writer
Letter 24, 1.
Letters, Book VI
Rab Butler
(1902–1982) British politician
Speech at the Conservative Party conference of 1954, quoted in Ralph Harris, Politics Without Prejudice. A Political Appreciation of The Rt. Hon. Richard Austen Butler C.H., M.P. (London: Staples Press, 1956), p. 159.
“The success of any great moral enterprise does not depend upon numbers.”
William Lloyd Garrison
(1805–1879) American journalist
Vol. III, p. 473 - I have read this page twice and cannot find this quote.
William Lloyd Garrison 1805-1879 (1885)
“the difference between a rebel and a patriot depends upon who is in power at the moment.”
Source: The Sands of Time
“A basic contradiction between socialism and the market economy does not exist.”
Deng Xiaoping
(1904–1997) Chinese politician, Paramount leader of China
As quoted in Daily report: People's Republic of China, Editions 240-249 (1993), p. 30
Interview, Time, 4 November 1985.
Variant: There are no fundamental contradictions between a socialist system and a market economy.
Kim Dae-jung
(1924–2009) South Korean politician
"Interview: President Kim Dae Jung" in TIME Asia http://www.cnn.com/ASIANOW/time/magazine/99/0913/interview.html (13 September 1999)
John Perry Barlow
(1947–2018) American poet and essayist
Planet JH Weekly interview (2005)
Context: I'm a free-marketeer. I believe in free markets, but... sometimes you have things that look like free markets but aren't because of artificial reasons. I'm not very happy with the current state of what calls itself free market economy in the world because you've got all these grotesque monopolies that are able to game the system in a way that's to their advantage by virtue of their power, and that's not a free market. A real free market has some kind of countervailing influence from the government to keep a monopoly in check, but this government... it's not about free marketing principles, it's about greed pure and simple. And this government wants to assure that the other people that they went to college with get just as rich as they do. This country is going to make Mexico look like Sweden inside of ten years in terms of wealth distribution, because there are no countervailing forces. They've eliminated tax basically for the ultra-rich, they've eliminated any control over monopolies, the greedy have free reign and its just going to be the super rich and the peasants.
What Has Government Done to Our Money? (1980)
“The stock market is not the economy, and the economy is not the stock market.”
Kai Ryssdal
(1963) Radio host, United States Navy officer
repeatedly on his radio program " Marketplace APM https://www.marketplace.org/2019/09/30/the-stock-market-is-not-the-economy/" (September 2019)