“The price system transmits only the important information and only to the people who need to know.”
Milton Friedman book Free to Choose
Source: Free to Choose (1980), Ch. 1 "The Power of the Market", 15
Attributed to Mooers (1959) in Eugene Garfield (1997) "A Tribute To Calvin N. Mooers, A Pioneer Of Information Retrieval." The Scientist, Vol:11, #6, p. 9, March 17, 1997
“The price system transmits only the important information and only to the people who need to know.”
Milton Friedman book Free to Choose
Source: Free to Choose (1980), Ch. 1 "The Power of the Market", 15
“Nowadays people know the price of everything and the value of nothing.”
Oscar Wilde book The Picture of Dorian Gray
Lord Darlington, Act III.
Lady Windermere's Fan (1892)
Variant: What is a cynic? A man who knows the price of everything and the value of nothing.
Source: The Picture of Dorian Gray
Context: A man who knows the price of everything and the value of nothing. [Answering the question, what is a cynic? ]
John C. Maxwell (1947) American author, speaker and pastor
Book Sometimes you win Sometimes you Learn
“the price of creation
is never
too high.
the price of living
with other people
always
is.”
Charles Bukowski (1920–1994) American writer
Source: You Get So Alone at Times That it Just Makes Sense
“Where the army is, prices are high; when prices rise the wealth of the people is exhausted.”
Sun Tzu (-543–-495 BC) ancient Chinese military general, strategist and philosopher from the Zhou Dynasty
Source: The Art of War, Chapter II · Waging War
“Money, first and foremost, is a medium of communication, conveying the information we call 'price.”
L. Neil Smith (1946) American writer
Government control of the money supply is censorship, a violation of the First Amendment. Inflation is a lie.
"Some New Tactical Reflections".
“One learns one’s mystery at the price of one’s innocence.”
Robertson Davies (1913–1995) Canadian journalist, playwright, professor, critic, and novelist
Walter E. Williams (1936) American economist, commentator, and academic
1970s, Economics for the Citizen (1978)
““Most people have a price. And they have a price because of human emotions named fear and greed.”
Robert T. Kiyosaki (1947) American finance author , investor
Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!