Pope John Paul II Quotes

Markets are the best way to allocate resources.

The free market is the most efficient for utilizing resources and responding to needs, but there are many human needs which find no place on the market.

We use competitive markets to arrange for delivery of our food supply.

Our system freed the individual genius of man. Released him to fly as high & as far as his own talent & energy would take him. We allocate resources not by government. decision but by the millions of decisions customers make when they go into the market. place to buy. If something seems too high-priced we buy something else. Thus resources are steered toward those things the people want most at the price they are willing to pay. It may not be a perfect system but it's better than any other that's ever been tried.

The only way that has ever been discovered to have a lot of people cooperate together voluntarily is through the free market. And that's why it's so essential to preserving individual freedom.

I do believe in the free market.

The invisible hand of the market always moves faster and better than the heavy hand of government.

My fundamental tenets are concerned with freedom of the individual; the market isn't perfect, but it's the best available way of allocating resources.

An open, competitive, and liberalized financial market can effectively allocate scarce resources in a manner that promotes stability and prosperity far better than governmental intervention.

The essential quality of a market system is not that it promotes greed, but that it renders greed harmless.

A market economy is to economics what democracy is to government: a decent, if flawed choice, about many bad alternatives

The great allure of government programs in general for many people is that these programs allow decisions to be made without having to worry about the constraints of prices, which confront people at every turn in a free market.

Capitalism is the only society in human history in which neither tradition nor conscious direction supervises the total effort of the community; it is the only society in which the future, the needs for tomorrow, are entirely left to an automatic system.

We are so accustomed to the miracle of private enterprise that we habitually take it for granted. But how does private industry solve the incredibly complex problem of turning out tens of thousands of different goods and services in the proportions in which they are wanted by the public? ... It solves these problems through the institutions of private property, competition, the free market, and the existence of money - through the interrelations of supply and demand, costs and prices, profits and losses.

Our elected officials would do well to remember that the most prosperous countries are those that allow consumers - not governments - to direct the use of resources. Allowing the government to pick winners and losers hurts almost everyone, especially our poorest citizens.

We like to think that a free market's greatest strength is its self-corrective nature.

The only place you see a free market is in the speeches of politicians.

I prefer leaving things to the market as much as possible.

Having seen a non-market economy, I suddenly understood much better what I liked about a market economy.

President Obama insists he's a free-market guy. But you have to wonder whether he understands how a free economy really works.

There's a difference between a free market and free-for-all market.

Contrary to the claims of some of my critics and some of the editorial pages, I am an ardent believer in the free market.

Economics is mostly how humans rationalize who gets what and why. It's how we instantiate our preferences about status, privileges, and power.

Underlying most arguments against the free market is a lack of belief in freedom itself.

The free market is at its best when everybody works in a fishbowl and tells you their point of view.