A Quote by Timothy C. Draper
Free markets are amazing.
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I'd like to talk about free markets. Information in the computer age is the last genuine free market left on earth except those free markets where indigenous people are still surviving. And that's basically becoming limited.
It is not uncommon to suppose that the free exchange of property in markets and capitalism are one and the same. They are not. While capitalism operates through the free market, free markets don't require capitalism.
There are no free financial markets in America or, for that matter, anywhere in the Western word, and few, if any, free markets of any other kind.
I like Ronald Reagan, who didn't play crass politics, and he just articulated and delivered on broad themes that were needed. Free markets meant free markets. Deregulation. Lower tax rates. Strong national defense. And he was credible and believable.
These people say free markets are the way to go, but wink, wink, the markets aren't really free. They're just a protectionist racket, and we have to pay for it all on every level. It's really quite extraordinary, and immoral, and illegal. These things need to be named, and shamed, and outed, and mocked, and prosecuted.
In the States, I think, the syllogism goes like this: 'free markets solve all problems. Free markets aren't solving global warming, QED global warming is not a problem'. It's not a very good syllogism but it's emotionally comforting if you're in that world.
There are markets extending from Mali, Indonesia, way outside the purview of any one government which operated under civil laws, so contracts weren't, except on trust. So they have this free market ideology the moment they have markets operating outside the purview of the states, as prior to that markets had really mainly existed as a side effect of military operations.
Free markets are based on the free circulation of labor. If you don't have free circulation of labor, you don't have free markets.
I debated free trade in college. I came out as a free trader. I'm a free markets guy. I'm an Adam Smith guy.
Most of us at the Reserve Bank come from a background in economics and hence have a predisposition in favour of free markets and a sceptical attitude towards intervention in those markets unless there is a clearly defined economic rationale for it.
I want us to be a country of free ideas, free markets, and a freedom to dream.
In a society governed passively by free markets and free elections, organized greed always defeats disorganized democracy.
I prefer for government to err toward less regulation, lower taxation, and free markets. And I'm a radical free trader.
Free markets are a tool, free speech is a goal.
Our belief in free markets and a level playing field are values that make the world more free, fair, and prosperous.
There's room in the Republican Party for anyone who wants to be a part of the values that we espouse when it comes to the role of government, free enterprise, free markets.
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