quote by Gavyn Davies

It was an interesting question as to whether the BBC had a future in the digital world, and what form of market failure could justify the licence fee system.

— Gavyn Davies

Sentimental Market Failure quotations

We can't leave everything to the free market.

In fact, climate change is, I would argue, the greatest single free-market failure. This is what happens when you don't regulate corporations and you allow them to treat the atmosphere as an open sewer.


Market failure quote Failure are part of life. If you don't fail, you don't learn. If you don't learn
Failure are part of life. If you don't fail, you don't learn. If you don't learn you'll never change.

There is nothing more common than unsuccessful men with talent.

Market failure quote Failure is a great teacher, and, if you are open to it, every mistake has a less
Failure is a great teacher, and, if you are open to it, every mistake has a lesson to offer.
Meaningful Market failure quotes
Visualise all those meaningful market failure quotes

All financial success comes from acting on a plan.

A lot of financial failure comes from reacting to the market

If you bound the arms and legs of gold-medal swimmer Michael Phelps, weighed him down with chains, threw him in a pool and he sank, you wouldn't call it a 'failure of swimming.' So, when markets have been weighted down by inept and excessive regulation, why call this a 'failure of capitalism'?

Piracy often reflects market failures on the part of producers rather than moral failures on the part of consumers.


Market failure quote Avoiding failure is to avoid progress.
Avoiding failure is to avoid progress.
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Timidity prompted by past failures causes investors to miss the most important bull markets.

The reality is gas prices should be much more expensive then they are because we're not incorporating the true damage to the environment and the hidden costs of mining oil and transporting it to the U.S. Whenever you have an unpriced externality, you have a bit of a market failure, to the degree that eternality remains unpriced.

Climate change represents the greatest and widest-ranging market failure ever seen

Market failure quote Doubt kills more dreams that failure ever will.
Doubt kills more dreams that failure ever will.
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Antitrust is the way that the government promotes markets when there are market failures. It has nothing to do with the idea of free information.

Nothing rectifies out-of-control market failures like a healthy dose of government intervention and mountains of bureaucracy.


Mistakes, scandals, and failures no longer signal catastrophe.

The crucial thing is that they be made credible, and that the public be made aware of the efforts being expended in that direction. The ''marketing'' immunity of governments is similar to that of the major brands of washing powder.

Market failure quote Don't fear the failure... in great attempts it is glorious even to fail.
Don't fear the failure... in great attempts it is glorious even to fail.

If we want growth today to be more innovation-driven, more inclusive and more sustainable, then we need a more active state, not a less active one. Yet we still hear the dogma that we should just fix market failure by focusing on science and infrastructure, and to "level the playing field."

The Great Depression was not a sign of the failure of monetary policy or a result of the failure of the market system as was widely interpreted. It was instead a consequence of a very serious government failure, in particular a failure in the monetary authorities to do what they'd initially been set up to do.

Testing leads to failure, and failure leads to understanding

Market failure quote Don't let failure go to your heart, and don't let success go to your head.
Don't let failure go to your heart, and don't let success go to your head.

All those evils which the [liberals] interpret as evidence of the failure of capitalism, are the necessary outcome of interference with the market.


What we need to understand is, one, that there are market failures;

and two, that there are things like asset bubbles and irrational exuberance. There are periods of booms, bubbles, and manias. These things, if left to themselves, can lead to crashes, to busts, to panics.

What vitiates entirely the socialists economic critique of capitalism is their failure to grasp the sovereignty of the consumers in the market economy.

Market failure quote I don't know the key to success, but the key to failure is trying to please ever
I don't know the key to success, but the key to failure is trying to please everybody.

But our energy woes are in many ways the result of classic market failures that can only be addressed through collective action, and government is the vehicle for collective action in a democracy.

The failure of market catallactics in no way denies the following truth: given sufficient knowledge the optimal decisions can always be found by scanning over all the attainable states of the world and selecting the one which according to the postulated ethical welfare function is best. The solution 'exists'; the problem is how to 'find' it.

For market discipline to constrain risk effectively, financial institutions must be allowed to fail. Under optimal financial regulatory and financial system infrastructures, such a failure would not threaten the overall system.


Market failure quote Do not judge me by my successes, judge me by how many times I fell down and got
Do not judge me by my successes, judge me by how many times I fell down and got back up again.

I've criticized President Bush for his failure to use his veto pen.

There's plenty of blame to go around. The question is how to solve problems. It's not bailouts. What made America great? Free markets, free enterprise, manufacturing, job creation. That's how we're gonna do it, not by enlarging government.

I do tend to think that things that have incredibly long time horizons often do involve market failures.

Climate change is a result of the greatest market failure the world has seen.

..We risk damages on a scale larger than the two world wars of the last century.

Market failure quote Accept failure as part of the process.
Accept failure as part of the process.

I have often thought that if heaven had given me choice of my position and calling, it should have been on a rich spot of earth, well watered, and near a good market for the productions of the garden. No occupation is so delightful to me as the culture of the earth, and no culture comparable to that of the garden. Such a variety of subjects, some one always coming to perfection, the failure of one thing repaired by the success of another, and instead of one harvest, a continued one thro' the year. Under a total want of demand except for our family table. I am still devoted to the garden. But tho' an old man, I am but a young gardener.

As soon as I did my first five minutes of stand-up I knew that I would rather be a failure at comedy than a success in marketing.


Companies that get in trouble have a failure to see two realities: market trends and competitor attacks.

Market failure quote I can accept failure, but i can't accept not trying.
I can accept failure, but i can't accept not trying.

[ Oval House] director, Peter Oliver, gave you the right to fail.

He had a philosophy that came from Winston Churchill that you go from failure to failure with enthusiasm. So Peter gave us a go and that's how Ray [Hassett] and I ended up starting Sal's Meat Market at the Oval House.

If you want to make better theory, you've got to use the best that's available and look through the lens of another discipline to see if you can uncover more anomalies. By looking at the phenomena of failure from the perspective of sales, marketing, finance, general management, and the equity markets, I was able to see things that Rebecca [Henderson] hadn't.

It is important for investors to understand what they do and don't know.

Learn to recognize that you cannot possibly know what is going to happen in the future, and any investment plan that is dependent on accurately forecasting where markets will be next year is doomed to failure.

Market failure quote Success is the ability to go from one failure to another with no loss of enthusi
Success is the ability to go from one failure to another with no loss of enthusiasm.

Failure is a big part of a free market's success.

People fail to live up to their potential, or to carry out all their good intentions, in all kinds of economic and political systems. Capitalism makes them pay a price for their failures, while socialism, feudalism, fascism and other systems enable personal failures, especially by those at the top, to be ignored.


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.

The problem with most failing businesses is not that their owners don?t know enough about finance, marketing, management, and operations - they don?t, but those things are easy enough to learn - but that they spend their time and energy defending what they think they know. My experience has shown me that the people who are exceptionally good in business aren?t so because of what they know but because of their insatiable need to know more.

I think this market space, this modern world we're living in, one of its greatest failures is that it can only seem to describe a collective in terms of consumers or clients. It never sees an audience or a community as part of the process. And that's something I'm quite proud of, even if the music is crap.

Business schools are failing to teach the students about the risks of market failures. We need to include some material on market failures in the core of curriculum.