But once we bring historical time into the argument, it is not so easy to present the free play of the market as an ideal mechanism for maximizing welfare and securing social justice. (Joan Robinson)

But once we bring historical time into the argument, it is not so easy to present the free play of the market as an ideal mechanism for maximizing welfare and securing social justice.

Joan Robinson

Related topics

argument easy free historical ideal justice market mechanism once play present social time welfare

Related quotes

Men fight for liberty and win it with hard knocks. Their children, brought up easy, let it slip away again, poor fools. And their grandchildren are once more slaves.

D. H. Lawrence

Millions like me in Russia want a free press, the rule of law, social justice, and free and fair elections. My new job is to fight for those people and to fight for these fundamental rights.

Garry Kasparov

The unbearableness of the future is easier to face than that of the present if only because human foresight is much more destructive than anything that the future can bring about.

Joseph Brodsky

The history of capitalism has been so totally re-written that many people in the rich world do not perceive the historical double standards involved in recommending free trade and free market to developing countries.

Ha-Joon Chang

It is always the psychic and social grounds, brought into play by each medium or technology, that readjust the balance of the hemispheres and of human sensibilities into equilibrium with those grounds.

Marshall McLuhan