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It is well known that there have been many market failures and corrupt behavior under the market system unless there is strong political oversight and leadership. The effects of such excesses are fairly evident in many respects, but the most serious is in the resulting skewness of the income and wealth distributions both within and among national economies.

— Lawrence Klein

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Source: on question "In what sphere of life, if any, do you think it most important to limit the influence of market forces?", in "Nobel Laureates Offer Views on the Economy", Wall Street Journal (Sept. 3, 2004)
Source quality: Precise citation Points to a specific work with a page, chapter, date or similar locator, so you can look it up.

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Quote text and notes from Wikiquote: Lawrence Klein (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.