Esther Dyson

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

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Let me say again that the relationship is asymmetrical: there's no democracy without a market economy, but you can have a market economy without democracy.

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My claim is that we do not have a market economy, but a capitalist economy.

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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.

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Trade-cycle

In a competitive market
National economy rolls like a wheel
In economics it is called trade-cycle

From economic recovery to boom
To slump to recovery to boom
Is a common phenomenon
In a competitive market

The boom does not last long
Because
The demand for products and services
Is limited in all countries

That’s why
The governments have a vital role to play
Especially during boom

The governments should monitor
And control industrial development
As much as possible
With a view to reduce labor cut
During slump
And they should hinder
Harmful investment
For the economy
During boom

Moreover
They should provide guidelines
For the entrepreneurs
During recovery
So that suitable investments
For the economy take place

In this way
A country can achieve its goal
Without going through
Economic hard times

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I think we're in the beginning of a bull market. When a bull market begins, nine months later the economy turns around.

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The first principle of the market economy is that it is comprised of many small buyers and sellers, which implies a substantial degree of equity. Another fundamental market principle is that costs are internalized in the producer's price.

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A market that's as open as possible is the precondition for a successful economy, and a successful economy is the precondition to being able to pay for social security.

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There is no pure free-market economy.

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What we want is to establish the rules of a market economy - not to plan its outcome.

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We are shrinking the size of the federal government as a percent of our economy from over 21 percent of the economy to 19 percent of the economy. At the same time, we're growing the private economy.

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

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I think a major cause of present Asian economic difficulties that mainly come from, you know, lack of market economy.

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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.

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I think Russians today have a distorted picture of capitalism, liberal democracy and market economy.

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One of the very nice things about investing in the stock market is that you learn about all different aspects of the economy. It's your window into a very large world.

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In the domain of cops and robbers, an interdiction serves to structure a black market and a shadow economy.

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And each of these perspectives comes to the same conclusion, which is that our global economy is out of control and performing contrary to basic principles of market economics.

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The free market economy is supposed to be the only path leading to the happiness of humanity by promoting wealth and prosperity, power and influence of nations.

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Economy is the basis of society. When the economy is stable, society develops. The ideal economy combines the spiritual and the material, and the best commodities to trade in are sincerity and love.

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I don't know where the stock market is going, but I will say this, that if it continues higher, this will do more to stimulate the economy than anything we've been talking about today or anything anybody else was talking about.

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