“What should have died along with communism is the belief that modern societies can be run on a single principle, whether that of planning under the general will or that of free-market allocations.”
“Our fundamental economic beliefs, which we have elevated from a conviction based on observation to an unquestioned truism, is that the free market is the best of all economic systems—the freer the better. Our generation has seen the decisive victory of free-market principles over planned economies. So we stick with this belief, largely oblivious to emerging evidence that while free markets beat planned economies, there may be room for a modification that is even better.”
“Underlying most arguments against the free market is a lack of belief in freedom itself.”
“A major source of objection to a free economy is precisely that it ... gives people what they want instead of what a particular group thinks they ought to want. Underlying most arguments against the free market is a lack of belief in freedom itself.”
“In a society governed passively by free markets and free elections, organized greed always defeats disorganized democracy.”
“The question of socialism or communism or capitalism or between the left and right – I think the important question is between the industrial society and the earth-based society. And I say that because I believe that capitalism and communism are really much more about how the wealth is distributed, if it trickles down or is appropriated at the beginning to those who have worked for it. But, you know, someone has to question where the wealth came from. What right does society have to the wealth? What is the relationship between that society and the land from which it got its wealth? Those are the questions that should be asked.”