Freedom prospers when religion is vibrant and the rule of law under God is acknowledged.
Ronald ReaganRead
The societies which have achieved the most spectacular broad-based economic progress in the shortest period of time are not the most tightly controlled, not necessarily the biggest in size, or the wealthiest in natural resources. No, what unites them all is their willingness to believe in the magic of the marketplace.
Interpretation
What this quote means
Successful economies thrive on free markets and belief in market dynamics rather than strict controls or resources.
This quote emphasizes that the most successful economies are not necessarily those with the largest resources or the most stringent controls, but rather those that embrace and believe in the potential of the marketplace. Reagan suggests that a strong belief in market principles fosters innovation, growth, and prosperity, which can lead to rapid economic advancements.
Themes
MarketplaceEconomyProgressBeliefFreedom
In practice
Example use cases
In a speech about economic policies, one might reference this quote to underscore the importance of market freedom.
More from Ronald Reagan
All quotes →Our status as a free society and world power is not based on brute strength. When we've taken up arms, it has been for the defense of freedom for ourselves and for other peaceful nations who needed our help. But now, faced with the development of weapons with immense destructive power, we've no choice but to maintain ready defense forces that are second to none. Yes, the cost is high, but the price of neglect would be infinitely higher.
Ronald ReaganRead
I'm spending more time at this library in four days than I did at the Eureka College Library in four years.
Ronald ReaganRead
I'm not a politician by profession. I am a citizen who decided I had to be personally involved in order to stand up for my own values and beliefs. My candidacy is based on my record, and for that matter, my entire life.
Ronald ReaganRead
My fellow citizens, our nation is poised for greatness. We must do what we know is right, and do it with all our might. Let history say of us: "These were golden years - when the American Revolution was reborn, when freedom gained new life, and America reached for her best."
Ronald ReaganRead
We must have faith in the people of this country and faith in our principles.
Ronald ReaganRead
Similar quotes
Inflation is not caused by the actions of private citizens, but by the government: by an artificial expansion of the money supply required to support deficit spending. No private embezzlers or bank robbers in history have ever plundered people's savings on a scale comparable to the plunder perpetrated by the fiscal policies of statist governments.
Ayn RandRead
In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value.
Alan GreenspanRead
The free market is not only a more efficient decision maker than even the wisest central planning body, but even more important, the free market keeps economic power widely dispersed.
Milton FriedmanRead
People.. were poor not because they were stupid or lazy. They worked all day long, doing complex physical tasks. They were poor because the financial institution in the country did not help them widen their economic base.
Muhammad YunusRead
Most poor people live in the poorest countries.
Bill GatesRead
All wealth consists of desirable things; that is, things which satisfy human wants directly or indirectly: but not all desirable things are reckoned as wealth.
Alfred MarshallRead