Economic Intervention Quotes

Guess what this liberal would be all about? This liberal will be about socializing...uh, um...Would be about, basically, taking over, and the government running all of your companies.

If you destroy a free market you create a black market.

I don't believe government should take over, you know, the grocery store down the street or own the means of production.

If you want more of something, subsidize it; if you want less of something, tax it.

We are all Keynesians now.

If, however, a government refrains from regulations and allows matters to take their course, essential commodities soon attain a level of price out of the reach of all but the rich, the worthlessness of the money becomes apparent, and the fraud upon the public can be concealed no longer.

When markets fail, as they often do, collective action becomes imperative.

That’s right Clement. Every time you see something big, you want to nationalize it.

There are two types of depreciation. There is one where you're manipulating currencies. And that's not what Japan is doing.

Progressives think progress depends upon (that is, they sometimes define progress as) the concentration of power as high as possible in government’s regulatory apparatus. Hence, between 1960 and 2019, the 900 percent increase in federal grants to states — from $70 billion (adjusted for inflation) to $700 billion — came with strings, resembling chains, attached.

If nature were a bank, they would have already rescued it.

The government has nothing to give to anybody that it doesn't first take from someone else.

Finally, let's keep well in mind the most important lesson of the auto rescue: While government should stay away from the private sector as much as possible, markets do occasionally fail, and when they do government can play a constructive role, as it did in the case of the auto rescue.

In the West everybody recognizes the need for a private sector, pretty much, even the one Socialist group understands this now, and so there tends to be debate about how much public sector intervention you think is needed for a variety of reasons, and there are very important differences on party lines that should be fought out.

I think Ben Bernanke and Tim Geithner shared the view that they shouldn't be in the business of bailouts, but you know, you're not in the business of bailouts until you frankly think you need to be.

Now, legal plunder can be committed in an infinite number of ways. Thus we have an infinite number of plans for organizing it: tariffs, protection, benefits, subsidies, encouragements, progressive taxation, public schools, guaranteed jobs, guaranteed profits, minimum wages, a right to relief, a right to the tools of labor, free credit, and so on, and so on.

Socialism easily accepts despotism. It requires the strongest execution of power -- power sufficient to interfere with property.

I do not regard the Keynesian revolution as a great intellectual triumph. On the contrary, it was a tragedy because it came so late. Hitler had already found out how to cure unemployment before Keynes had finished explaining why it occured.

Government 'help' to business is just as disastrous as government persecution... the only way a government can be of service to national prosperity is by keeping its hands off.

I had to abandon free market principles in order to save the free market system.

Democratic socialism means that our government does everything it can to create a full employment economy.

Only government can cause inflation, preserve monopoly, and punish enterprise.

Subsidies should never be a permanent feature of any market. They should be introduced only to address market failure and they should be withdrawn gradually as those distortions in the market are addressed.

Now the proposal is yet again another $150 billion before we start to think about a freeze. But $150 billion spent on more government programs; monies being created to direct and what kind of jobs that Washington thinks ought to be created. Come on. I mean there is a government that can help, and the government can also hurt.

The Fed is the major U.S. firefighter. It's not the Treasury. It's not the Congress. We certainly saw that vividly in 2008.