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"In every aspect of life, including the economic dimension, we are always challenged to do the right thing. In many cases in the market system, which allows a great deal of latitude for human choice, people can get carried away to excess."
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Explore more quotes by Lee R. Raymond
"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."
"It makes no sense to talk of the social obligations of the corporation without reference to its economic obligations. The two are intertwined."
"The freedoms that people have that flow from all civic institutions fundamentally come from the success of a market system."
"We should seek a system that provides outlets for those skills and talents so that everyone can find a way to work and serve in a manner that best suits the strengths of each individual."
"Without competition, the spectacular development of technology that we have seen in the last one hundred years in this country would not have happened."
"It is the potential for economic growth that provides the basis for the development of countries, for bringing to people essential goods and services, such as water to drink and facilities for healthcare."
"The market system requires that people be committed and willing to work hard. Inherent with that is what I call a merit system, which I think gives people the greatest opportunity."
"I have a great deal of difficulty with those who live in a hugely prosperous country telling people in the developing world that they should be deprived of a critical source of energy."
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