quotes tagged with 'market'

Little else is requisite to carry a state to the highest degree of opulence from the lowest barbarism but peace, easy taxes, and a tolerable administration of justice: all the rest being brought about by the natural course of things.

Author: Adam Smith, Source: Written in 1755Saved by dtbrewer in freedom prosperity selfgovernment market limited 10 years ago[save this] [permalink]
God grant that we may repent wherever we have departed from the principles of freedom--that we may preserve the right to fail and the incentive to succeed, and live, as did the Founding Fathers, knowing that there are no acceptable substitutes for freedom.
Author: Richard L. Evans, Source: From the Crossroads, p. 45Saved by cboyack in liberty freedom success failure business fail market entrepreneur incentive 12 years ago[save this] [permalink]
Let those who are actually concerned with peace observe that capitalism gave mankind the longest period of peace in history—a period during which there were no wars involving the entire civilized world—from the end of the Napoleonic wars in 1815 to the outbreak of World War I in 1914.

It must be remembered that the political systems of the nineteenth century were not pure capitalism, but mixed economies. The element of freedom, however, was dominant; it was as close to a century of capitalism as mankind has come. But the element of statism kept growing throughout the nineteenth century, and by the time it blasted the world in 1914, the governments involved were dominated by statist policies.

Just as, in domestic affairs, all the evils caused by statism and government controls were blamed on capitalism and the free market—so, in foreign affairs, all the evils of statist policies were blamed on and ascribed to capitalism. Such myths as "capitalistic imperialism," "war-profiteering," or the notion that capitalism has to win "markets" by military conquest are examples of the superficiality or the unscrupulousness of statist commentators and historians
Author: Ayn Rand, Source: "The Roots of War," Capitalism: The Unknown Ideal, p. 38Saved by cboyack in government statism capitalism economy market 12 years ago[save this] [permalink]

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