“Here is a principle to use in all aspects of economics and policy. When you find a good or service that is in huge demand but the supply is so limited to the point that the price goes up and up, look for the regulation that is causing it. This applies regardless of the sector, whether transportation, gas, education, food, beer, or daycare. There is something in the way that is preventing the market from working as it should. If you look carefully enough, you will find the hand of the state making the mess in question.”

— Jeffrey Tucker

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 "Here is a principle to use in all aspects of economics and policy. When you find a good or service that is in huge dema…" by Jeffrey Tucker?

Jeffrey Tucker 38

American writer 1963

Related quotes

“Beauty, you can find it here if you look hard enough.”

Julianna Baggott book Pure

Source: Pure

“You know, when you put out policy, like a 14-point plan? A lot of times in the first hour of negotiation, that 14-point plan goes astray, but you may end up with a better deal. That's the way it works. That's the way really life works. When I do a deal, I don't say, "Oh, here's 14 points."”

Donald J. Trump (1946) 45th President of the United States of America

I got out and do it. I don't sit down and talk about 14 points.
Appearance at Iowa State Fair - * 2015-08-15
Donald Trump's surprisingly savvy analysis of American politics
The Washington Post
http://www.washingtonpost.com/news/the-fix/wp/2015/08/16/donald-trumps-surprisingly-savvy-comment-about-american-politics/
2010s, 2015

“L. Walras first formulated the state of the economic system at any point of time as the solution of a system of simultaneous equations representing the demand for goods by consumers, the supply of goods by producers and the equilibrium condition that supply equal demand on every market.”

Gérard Debreu (1921–2004) French economist and mathematician

Arrow, Kenneth J., and Gerard Debreu. " Existence of an equilibrium for a competitive economy http://cowles.econ.yale.edu/P/cp/p00b/p0087.pdf." Econometrica: Journal of the Econometric Society (1954): p. 265

Kenneth Arrow (1921–2017) American economist

Source: 1950s-1960s, "Existence of an equilibrium for a competitive economy." 1954, p. 265

“Important lessons: look carefully; record what you see. Find a way to make beauty necessary; find a way to make necessity beautiful.”

Anne Michaels (1958) Poet and novelist

“One, remember to look up at the stars and not down at your feet. Two, never give up work. Work gives you meaning and purpose and life is empty without it. Three, if you are lucky enough to find love, remember it is there and don't throw it away.”

Stephen Hawking (1942–2018) British theoretical physicist, cosmologist, and author

Variant: Remember to look up at the stars and not down at your feet. Never give up work. Work gives you meaning and purpose and life is empty without it. If you are lucky enough to find love, remember it is there and don't throw it away.