Quotes

“The moral case for free market economics is, in my view, overwhelming. It has proved to be the best antidote to general poverty ever invented. In the space of a single generation it has lifted over a hundred million people from poverty in India, and almost a billion in China, a transformation unprecedented in history. It produces massive incentives for creativity, our most miraculous gift as members of Homo sapiens. Would Microsoft or Apple or Google – and all the technological innovation they have brought us – have existed outside a market economy? Would artificial intelligence have arisen, with its extraordinary promise of, for example, medical innovation and improved diagnostics? The free market has liberated people in a way that Marxism never could.”

Morality, Chapter 6, p. 96