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Strong credit markets give companies borrowing options to boost their stock prices while making bearish investors scramble to close out trades before losing any more money, both of which then push the stock market even higher and continue the self-reinforcing bullish cycle.
People are beginning to understand there is nothing in the world so remote that it can't impact you as a person. It's not just diseases. Economists are now beginning to say if we are going to have good markets in Africa, we're going to have to have healthy people in Africa.
In well-functioning markets, price equals opportunity cost. Meaning that the proper way to price out and charge us for things is to charge us what those resources could otherwise have produced. This is a lesson the Soviet Union never learned at all, and the rest is history.
We have gotten to the point where everything the government does is counterproductive; the conclusion, of course, is that the government should do nothing at all, that is, should retire quickly from the monetary and economic scene and allow freedom and free markets to work.
This is the moment when we must build on the wealth that open markets have created, and share its benefits more equitably. Trade has been a cornerstone of our growth and global development. But we will not be able to sustain this growth if it favors the few, and not the many.
If you look at some of the smaller capital markets in Asia, when they want funding, they either come here to Hong Kong or they go to California, the mecca of the Internet, because they can capture the liquidity and then move on and do what they want to do, which is develop a business.
The Jacksonians were libertarians, plain and simple. Their program and ideology were libertarian; they strongly favored free enterprise and free markets, but they just as strongly opposed special subsidies and monopoly privileges conveyed by government to business or to any other group.
Conservatism vests in and depends on the widespread, informed understanding of human nature, self-governance and the First Principle of Progress: free people interacting in free markets produce the greatest good for the greatest number always, but only, when tethered to virtue and morality.
As Trade Secretary I see the world is waiting. The Australians, the Americans, the Kiwis, the Japanese - they all want us to get Brexit done so that we can begin negotiations and forge new relationships that will open up new markets for British businesses, create jobs and attract new investment.
We are all socialists now, it seems. John McCain, David Cameron and Gordon Brown attack bankers' irresponsible behaviour and salaries, and call for state intervention in the financial markets. But these calls will not get them elected or re-elected if they are addressed only to the banking sector.
James Goldsmith is important because he used the power of the markets to break up the cosy patrician elite that ran Britain and its industries in the 1950s and '60s. In the process, Goldsmith helped transfer power in this country away from politics and towards the markets and the financial sector.
There's something about China and its rush to capitalism that I find confusing. At the same time, we live in an America where capitalists oppose any government interference with free markets, while in China you have a very controlled, state-planned market where economic growth is better than ours.
Obama's failure to close Guantanamo is yet another instance where the rhetoric of democratic and constitutional rights proved not useful for his international relations, relations which are always pursued in ways that continue to link and fortify securitarian power with the opening of new markets.
Parents, teachers, professors, economists, pundits, entrepreneurs, tinkerers and misfits all have to do a better job of unapologetically singing the praises of capitalism and free markets which unequivocally demonstrate the ability to pull people out of poverty and improve and lengthen their lives.
'Free markets' is not a liberal or conservative issue. The rule of law is not a Right or Left issue. Those are American principles since our founding, and to the extent that other countries follow our lead... they will prosper. That's what I want, because every one of those people is a child of God.
Look at our farmers' markets today, bursting with heritage breeds and heirloom varieties, foods that were once abundant when we were an agricultural nation, but that we have lost touch with. Bringing all these back helps us connect to our roots, our communities and helps us feed America the proper way.
We have food deserts in our cities. We know that the distance you live from a supplier of fresh produce is one of the best predictors of your health. And in the inner city, people don't have grocery stores. So we have to figure out a way of getting supermarkets and farmers markets into the inner cities.
SNAP benefits help local economies because the benefits are spent at local grocery stores - with locally grown and locally-made products. I remember many years ago, while on food stamps, I advocated for the benefits to be spent at local farmers markets - a move that has helped local economies even more.
The British are so funny. It's like they can't believe I lived in Hackney. 'You could live in Bondi Beach. Why would you want to live in 'Ackney?' But Hackney's fantastic. I'm serious. There are so many artists there. I loved the markets, the parks, the pubs, the diversity. It was a cultural melting-pot.
I think it's a competitive advantage that both Amazon and Google and other tech companies have over a lot of their counterparts. They take big risks and are pioneering new markets with the promise of big rewards. It's why Amazon is kind of reliably starting new businesses and opening kind of new frontiers.
In my estimation, there should always be a mixture of economic liberalism - which means small government, a great emphasis on markets - but also a certain degree of social conservatism, not to favor change unless that change is beneficial. So I describe myself as an economic liberal and a social conservative.
We must work toward cyber doctrine that reflects the wisdom of free markets, private competition, and the important but limited role of government in establishing and enforcing the rule of law, honoring the rights of personal property, the benefits of free and fair trade, and the fundamental principles of liberty.
The pace of innovation may slow down or speed up depending on the appetite in the public markets, but the constant progress of technology doesn't really ever stop. There's always opportunities for new ideas and creative people to go build great things. I'm always interested in learning about those kinds of opportunities.
I'm committed to increasing long-term value for shareholders and am confident we will continue to do so through the successful execution of our core strategic priorities: the creation of high quality, branded content and experiences, the use of technology, and creating growth in numerous and exciting international markets.
You look at something like Russia, or you look at something like China, where you actually allow free markets to go in. And you haven't seen the change that we, in the western world, would probably like. You still have a bit of a dictatorship - some people would say more than a bit of a dictatorship - in Russia and in China.
There are two things that you need to save for. First, you need an emergency cushion of no fewer than six months of living expenses. This needs to be cash in a liquid account where you can get at it in - yes - an emergency if you need it. In other words, money markets, not CDs. You also need to save for your future: that means retirement.
When the Soviet Union fell, optimistic scholars believed the world had shifted inexorably in the direction of free markets and liberal democracy. Instead, the West gradually embraced bigger government and weaker social bonds, creating a fragmented society in which the only thing we all belong to, as President Barack Obama puts it, is the state.
I spent my whole career thinking about risk, markets, infrastructure, and regulation. I had seen the financial crisis unfold, and I had seen the credit derivatives market get operationally ahead of itself, which resulted in systemic risk counterparty exposures. I began to believe that distributed ledgers had the capability to tackle that problem.
