Sentences with phrase «simply free economy»
These developments came to a head in the 1991 encyclical Centesimus Annus in which the Pope proposed for Eastern Europe and the Third World «a business economy, a market economy, or simply free economy» as a model to be followed.
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Getting rich in a free market economy is simply a matter of trading solutions for money.
The focus of classical value and price theory was to free economies from economic rent, defined as unearned income simply resulting from privilege: absentee land rent, mineral and natural resource rent, monopoly rent, and financial interest.
China's greatest challenge is to remain free of these financial and real estate dynamics that have plunged the Western and post-Soviet economies into debt and created a rentier over-class receiving income simply for ownership privileges, not for playing a productive economic role.
A free market economy simply can not work unless market participants are made aware of the extent to which the markets have become inefficient as a result of valuation changes.
The sacked environment secretary simply answered «it's a private dinner, you better ask the organisers,» as he left an event discussing the future of the free market economy.