“High elasticity means that unit output goes up more than prices went down, so you get a growth business.”

Part II, Revolution, Meeting Mr. Zed, p. 42.
Running Money (2004) First Edition

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "High elasticity means that unit output goes up more than prices went down, so you get a growth business." by Andy Kessler?

Andy Kessler24

American writer 1958

Related quotes

“There are times when the price of vegetables, sawi (mustard greens) and kangkung (water convolvulus) goes up and there are times it comes down. I read in the newspaper that some prices have come down. Kangkung price once went up and now it is down. When the prices come down, why are there no praises for the government? When it goes up, the government gets the blame. This is unfair because (such issues are determined by) the weather conditions.”

Najib Razak (1953) Malaysian politician

Speech given at Kemaman, Terengganu, on 14 January 2014, cf Palatino M, The Diplomat; "Malaysia's Kangkung Meme" http://thediplomat.com/2014/01/malaysias-kangkung-meme/.

“Life cannot utter words more great
Than life may meet by sacrifice,
High words were equaled by high fate,
You paid the price. You paid the price.”

George William Russell (1867–1935) Irish writer, editor, critic, poet, and artistic painter

To the Memory of Some I knew Who are Dead and Who Loved Ireland (1917)

“Usually it is easier to obtain estimates for budget proportions and Engel elasticities than for elasticities with respect to price. By making certain want independence assumptions, the elasticities with respect to price can be deduced from the knowledge of budget proportions and Engel elasticities. In this connection the concept of the flexibility of the marginal utility of money is essential. A system of formulae decribing these relations is given.”

Ragnar Frisch (1895–1973) Norwegian economist

Ragnar Frisch. " A complete scheme for computing all direct and cross demand elasticities in a model with many sectors http://econ.ucdenver.edu/beckman/Research/readings/frisch-demand-econometrica.pdf." Econometrica 27.2 (1959): 177-196. 1940-60s

“We want Trump to be hugely successful, so we don’t want to handle a bill that’s going to fail in a few years, Trump ran on price-discovery and competition across state lines, getting the price down — the price is going up by 20 percent and the bill we are getting ready to vote on, once again, goes back and does too much emphasis on the coverage aspect”

Dave Brat (1964) American economist and professor at Randolph–Macon College

Rep. Dave Brat: RyanCare a Perverse Economic System http://www.breitbart.com/big-government/2017/03/11/exclusive-rep-dave-brat-ryancare-a-perverse-economic-system/ (March 17, 2017)

“Service in this business is tough and often dangerous. It extracts a price for participants, and that price can be high.”

Stanley A. McChrystal (1954) American general

Retirement ceremony, Friday, 23 July 2010, as quoted in The New York Times http://www.nytimes.com/2010/07/24/us/24mcchrystal.html. 2010 Context: Service in this business is tough and often dangerous. It extracts a price for participants, and that price can be high. It is tempting to protect yourself from the personal and professional cost of loss by limiting how much you commit, how much you believe and trust in people, and how deeply you care&hellip; If I had it to do over again, I&rsquo; d do some things in my career differently, but not many. I believed in people and I still believe in them. I trusted and I still trust. I cared and I still care. I wouldn&rsquo; t have had it any other way.

“The American people have been offered two lousy choices. One, which is corporatism, a fascist type of approach, or, socialism. We deliver a lot of services in this country through the free market, and when you do it through the free market prices go down. But in medicine, prices go up. Technology doesn't help the cost, it goes up instead of down. But if you look at almost all of our industries that are much freer, technology lowers the prices. Just think of how the price of cell phones goes down. Poor people have cell phones, and televisions, and computers. Prices all go down. But in medicine, they go up, and there's a reason for that, that's because the government is involved with it… I do [think that prices will go down without government involvement], but probably a lot more than what you're thinking about, because you have to have competition in the delivery of care. For instance, if you have a sore throat and you have to come see me, you have to wait in the waiting room, and then get checked, and then get a prescription, and it ends up costing you $100. If you had true competition, you should be able to go to a nurse, who could for 1/10 the cost very rapidly do it, and let her give you a prescription for penicillin. See, the doctors and the medical profession have monopolized the system through licensing. And that's not an accident, because they like the idea that you have to go see the physician and pay this huge price. And patients can sort this out, they're not going to go to a nurse if they need brain surgery…”

Ron Paul (1935) American politician and physician

Interview by Laura Knoy on NHPR, June 5, 2007 http://info.nhpr.org/node/13016 2000s, 2006-2009

“Real economic growth emanates from increased productivity, which tends to hold prices down.”

Peter D. Schiff (1963) American entrepreneur, economist and author

Quotes from Crash Proof (2006)

“Maybe all men are a drug. Sometimes they bring you down and sometimes, like now, they get you so high.”

Candace Bushnell book Sex and the City

Source: Sex and the City

“Time is truly elastic. If you just rock what you have to do, you'll get it done. And another thing, too, that I learned recently, it kind of put me more at ease with the day-to-day, is just there's some kind of energy and balance and something beautiful in the ups and downs of the day-to-day. You'll get great news and you'll get bad news, and this will all be in the same day, but there's something cohesive and the balance of that is comforting. Learning to be comfortable with the ups and downs of every day and knowing that's just the mystery of life and how it is, you know?”

Booboo Stewart (1994) American actor

Booboo Stewart on the Adorable Gift His GF Gave Him and the Last Thing He Watched https://www.popsugar.com/celebrity/booboo-stewart-last-call-interview-47953476 (November 9, 2020)

“The limits of trust depend much on whether you mean to do business more than once.”

Lois McMaster Bujold Vorkosigan Saga

Source: Vorkosigan Saga, Captain Vorpatril's Alliance (2012), Chapter 20 (p. 442)

“High elasticity means that unit output goes up more than prices went down, so you get a growth business.”

Help us to complete the source, original and additional information

Andy Kessler24

Related quotes

Related topics