Michael Mandelbaum Quotes

So I think one can say on empirical grounds - not because of some philosophical principle - that you can't have democracy unless you have a market economy.

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

In a market economy, however, the individual has some possibility of escaping from the power of the state.

There has been no country with a democratic political sphere, past or present, whose economy has not been dominated by private ownership and market coordination.

Free markets tend to promote democracy.

Free prices are the price of freedom.

What is really at stake here is the survival of the kind of economy under which this country has grown great, the free-enterprise system

In a capitalist society, all human relationships are voluntary. Men are free to cooperate or not, to deal with one another or not, as their own individual judgments, convictions and interests dictate.

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

I talk about economic freedom. I talk about capitalism without fearing the word.

A free economy is as essential to society as democratic political institutions. A strong market-based economy is the fertile ground for democratic freedoms that we think are important.

I don't want the technology of the 1950s, but I want the free market of the 1950s.

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

Markets can do many wonderful things, which is why I'm glad to live in a capitalist country.

The greatness of America is capitalism, free market capitalism. The exceptionalism of American business.

I'm a capitalist by conviction and profession. I believe the best economic system is one that rewards entrepreneurship and risk-taking, maximizes customer choice, uses markets to allocate scarce resources and minimizes the regulatory burden on business.

In my book I don't just demonstrate that free enterprise is the most efficient way of organizing an economy - which it is. I also show that it's an expression of American values, and, thus, that a fight for free enterprise is very much a fight for our culture.

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

Either you believe in markets, or you believe in government.

Economic freedom is an end in itself …. Economic freedom is an indispensable means towards the achievement of political freedom.

The right to suffer is one of the joys of a free economy.

We should rely on the markets to move on their own.

I believe in markets before mandates.

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

You have to have free enterprise for the many.