Market Quotes

500+ Sourced quotes

No one has more than scratched the surface when it comes to understanding and explaining the miracle of the market.

A gold standard is the ideal monetary system for those who create wealth through ingenuity, entrepreneurship, and hard work. Gold standards are disfavored by those who do not create wealth but instead seek to extract wealth from others through inflation, inside information, and market manipulation.

To be a super-trader, you'll need an edge to overcome the laws of probability and the uncertainty of the marketplace. That edge comes from information flow, the ability to correct your habits in terms of the market's characteristics, and being able to take risks, cut losses, expand your information network, ferret out ideas, and take recommendations.

The theory of the determination of wages in a free market is simply a special case of the general theory of value. Wages are the price of labour.

The enemy of the market is not ideology but the engineer.

John Kenneth Galbraith

Pride's chickens have bonny feathers, but they are an expensive brood to rear. They eat up everything, and are always lean when brought to market.

Alexander Smith

An economic system can remain viable only so long as society has mechanisms to counter abuses of either state or market power and the erosion of the natural, social, and moral capital that such abuses commonly exacerbate.

It was the United States of America in the cold late spring of 1967, and the market was steady and the G.N.P. high and a great many articulate people seemed to have a sense of high social purpose and it might have been a spring of brave hopes and national promise, but it was not, and more and more people had the uneasy apprehension that it was not.

People would do well to ask themselves how many of their ambitions and aspirations derive from the type of economic system they inhabit and the insecurity and exhaustion it creates, and question the sense and purpose of a society where control of a large portion of life is abdicated under contract in the labour market, and where immense creativity and potential is stifled by the need to do difficult and repetitive tasks in order to earn a wage.

Making things difficult for the reader is less an attack on the reader than it is on the age and its facile knowledge-market.

People vastly overestimate the ability of central planners to improve on the independent action of diverse individuals. What I've learned watching regulators is that they almost always make things worse. If regulators did nothing, the self-correcting mechanisms of the market would mitigate most problems with more finesse. And less cost.

A vital function of the free market is to penalize inefficiency and misjudgment and to reward efficiency and good judgment. By distorting economic calculations and creating illusory profits, inflation will destroy this function.

Some kids spent their allowance going to see 'Indiana Jones and the Temple of Doom'; I spent mine on a great-looking lamp I'd found at the flea market and a ceramic bowl from a neighborhood garage sale.

The idea is to buy when the probability is greatest that the market is going to advance.

What impels every man to the utmost exertion in the service of his fellow man. Is, in the market not compulsion on the part of gendarmes, hangmen and penal courts, it is self interest.

Ludwig von Mises

I think most Americans believe in a basic social safety net. But if there are 3–5 million hard-to-insure people right now, why are we disrupting the 165 million persons in an employer-sponsored insurance market?

There will be recovery from the COVID-19 crisis, at severe and possibly horrendous cost, particularly for the poor and more vulnerable. But there will be no recovery from the melting of the polar ice sheets and the other devastating consequences of global warming. Here, too, the catastrophe results from a market failure — in this case, of truly earth-shaking proportions.

The government stopped making dollars freely available in 2003 and fixed the price of the exchange rate by law, hoping to stop the dollar frenzy. It didn't work. People bought and sold dollars illegally, and a black market price for dollars emerged in the streets, hotel rooms, homes, and cafés of Venezuela.

Our main objective with price reform was to correct price levels and make enterprises meet market conditions through fair competition, so as to improve their efficiency.

We knew that pricing reform was critical. And we always thought that at some point conditions would be right to take measures, all at once or in several steps, to transform the state-owned enterprises. This implied that the development of the market sector was a prelude to a final breakthrough.

New-world companies don't fit the bill; the likes of Airbnb, Uber, Alibaba, Facebook, Netflix, Niantic Labs and Snapchat are the fastest-growing companies the world has ever seen. Their growth is exponential, their assets are almost ephemeral, they shun all traditional economic models for valuations. The investments required to scale are almost negligible, their market size often unlimited, their shift from loss-making to profit can be almost immediate.

Good ideas have no value because the world already has too many of them. The market rewards execution, not ideas.

If Edgar Allan Poe were alive today, his agent would be constantly slapping him upside the head with tightly rolled copies of his brilliant short stories and novelettes, yelling, 'Full-length novels, you moron! Pay attention! What's the matter with you -- are you shooting heroin or something? Write for the market! No more of this midlength 'Fall of the House of Usher' crap

There is a largeness about mathematics that transcends race and time: mathematics may humbly help in the market-place, but it also reaches to the stars.

Herbert Turnbull

The Indians didn't help me in dealing with the media. I think they wanted to keep my market value down. I'm moody. I know that. I've made some mistakes, but if I was a bad person, would someone want to pay me $55 million, would I have a scholarship fund my mother runs that pays for kids to go to school?