Evan Osnos Quotes

Democracy and economic reform go together.

The market economy itself was not a product of violent action—of revolutions—but of a series of gradual peaceful changes. The implications of the term “industrial revolution” are utterly misleading.

Modernization is found in markets.

Economies that are open to trade grow faster.

Socialism can also practice market economy.

We saw that the free market economy was not enough when the Harvard boys failed to deliver free market capitalism to Russia after the Soviet Union collapsed.

A basic contradiction between socialism and the market economy does not exist.

In 10 years, ... you're going to see the most valuable economy in the world -- the largest economy in the world -- is going to be a country run by communists. The Chinese seem to be very good at capitalism. And this is going to have fundamental problems and present an identity crisis for the United States. Because for a long time, free markets coincided with liberties such as free speech, free press, free religion. And all of a sudden, this equation is going to be decoupled. And when it gets decoupled, we might find that democracy, the multitude of voices, actually impedes capitalism because a state that does not have any pretense of limited government can very quickly mandate a regulatory framework for drones, for electric cars, for self-driving cars, for any new innovation where they feel that they can leapfrog Western societies. And this is a very unique thing in the American experience. And this is why it's very important to think of American capitalism as an operating system and not as an ideology. Because when you think about it as an ideology, you can have good politics make for very, very bad policy. That market outcomes and democratic voices and battles for votes can end up stifling progress.

China and India are feeding their people for the first time in human history due to free markets, and the Left knows that, and it gets them nervous.

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.

Unlike the Soviet Communist party, the Chinese Communist party chose to introduce capitalism.

'Capitalism' is a dirty word for many intellectuals, but there are a number of studies showing that open economies and free trade are negatively correlated with genocide and war.

Knowledge about the economy, ideas about capitalism and government, the future of the world and geopolitics were things I was never really interested in.

In this day and age, a big economy – a modern economy – just cannot be managed from the top.

The essential point to grasp is that in dealing with capitalism we are dealing with an evolutionary process.

The key to economic development is less in government aid, but in having a climate that will attract private capital….Free market development is the key to economic prosperity in the world.

We are on the our way to a free market economy. Regardless of the mistakes and omissions, the government has managed to implement a firm and consistent economic policy. Regardless of how incomplete it still is, the transition to free market relations and democracy has become irreversible.

The best industrial policy is competition.

Reformers will better rectify any inadequacies they detect in the market by reaping the profits available from that inadequacy than by denouncing the very system which makes meaningful reform possible.

The key to democracy has been the free market economy.

The Chinese and the Americans are great peoples. The Americans are optimistic, full of enterprising drive, down to earth, and innovative. In just over 200 years, they have turned the United States into the most developed country in the world, and made phenomenal achievements in economic development and science and technology.

From the end of WWI to today, American economic might would be the decisive factor in the shaping of the world order.

Our system of market capitalism wasn't handed down, in perfect form, on stone tablets. We wrote the rules. We broke them. And we can fix them.

China became an economic power with few equals. By 2010 China gad overtaken Japan as the world’s second largest economy in terms of GDP, China’s transformation consistently drew one ideas beyond it shores.

In the 1980s and 1990s, radical change in economic policies fostered by Ronald Reagan and Margaret Thatcher put the brakes on government planning and ushered in a new free-market supply-side era and a two-decade boom. That model has been abandoned in the new century. This must be reversed.