“Price statistics show clearly that instability in raw-material prices is a prime cause of instability of other prices.”

Part II, Chapter VI, The Question of Price Stability, p. 85
Storage and Stability (1937)

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 "Price statistics show clearly that instability in raw-material prices is a prime cause of instability of other prices." by Benjamin Graham?
Benjamin Graham photo
Benjamin Graham 64
American investor 1894–1976

Related quotes

Michał Kalecki photo

“Generally speaking, changes in the prices of finished goods are "cost determined" while changes in the prices of raw materials inclusive of primary foodstuffs are "demand determined."”

Michał Kalecki (1899–1970) Polish economist

Source: Theory of Economic Dynamics (1965), Chapter 1, Cost and Prices, p. 11

Charles Erwin Wilson photo

“Costs of manufactured articles importantly depend on the cost of raw materials as well as labor, and the prices of many raw materials do not fluctuate directly with the labor cost of producing them.”

Charles Erwin Wilson (1890–1961) American secretary of Defence

Charles E. Wilson cited in: Ernest Dale (1950), Sources of economic information for collective bargaining. p. 36

Ernesto Che Guevara photo
Charles Bukowski photo

“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

Jack Ma photo

“The problem is the fake products today are of better quality and better price than the real names … They are exactly the same factories, exactly the same raw materials but they do not use the names.”

Jack Ma (1964) Chinese businessman

Responding to the accusation that Alibaba sells fake merchandise. "Jack Ma Says Fakes 'Better Quality and Better Price Than the Real Names'” http://blogs.wsj.com/chinarealtime/2016/06/15/jack-ma-says-fakes-better-quality-and-better-price-than-the-real-names/, CHINA REAL TIME REPORT, The Wall Street Journal (June 15, 2016)

Robert Jordan photo

“There was a price to be paid for any decision he made. There was a price for who he was. Other people paid it.”

Robert Jordan (1948–2007) American writer

Rand al'Thor
(15 October 1994)

Adam Smith photo

“The natural price, therefore, is, as it were, the central price, to which the prices of all commodities are continually gravitating.”

Adam Smith (1723–1790) Scottish moral philosopher and political economist

Source: (1776), Book I, Chapter VII, p. 69.

Michael Gove photo

“I think that there are a number of economic factors in play. Some prices may go up. Other prices will come down.”

Michael Gove (1967) British politician

Brexit: NI retailers challenge Michael Gove on no-deal food supply https://www.bbc.co.uk/news/uk-northern-ireland-49545139 BBC News (1 September 2019)
2019

“Shakespeare
clearly heard may voices. No secret:
voicing means hearing, at a price a gift”

Geoffrey Hill (1932–2016) English poet and professor

The Orchards of Syon II.4-6.
Poetry

Didier Sornette photo

Related topics