Robert Smith Surtees quote: “The supply of good fellows is by no means in excess of the demand. A man has only to hoist the flag of hospitality to i…”

“As scarce as truth is, the supply has always been in excess of the demand.”

Josh Billings (1818–1885) American humorist

Affurisms. From Josh Billings: His Sayings (1865)

“Every normal man must be tempted, at times, to spit upon his hands, hoist the black flag, and begin slitting throats.”

H.L. Mencken (1880–1956) American journalist and writer

Source: 1910s, Prejudices, First Series (1919), Ch. 6, "The New Poetry Movement"
Source: Prejudices: First Series

“The flag of racialism which has been hoisted in Wolverhampton is beginning to look like the one that fluttered 25 years ago over Dachau and Belsen.”

Tony Benn (1925–2014) British Labour Party politician

Speech at Students for a Labour Victory rally, referring to Enoch Powell who was MP for Wolverhampton South West, Methodist Central Hall, London (3 June 1970), as quoted in "Onslaught on Powell by Wedgwood Benn" by Denis Taylor in The Times (4 June 1970), p. 1
1970s

“I'm a businessman. I've made my money supplying a popular demand. If I break the law, my customers are as guilty as I am.”

Al Capone (1899–1947) American gangster

“Its character is the skillful commingling of customs useful to society, customs which have no need of law to insure respect, with other customs useful only to rulers, injurious to the mass of the people, and maintained only by the fear of punishment.”

Peter Kropotkin (1842–1921) Russian zoologist, evolutionary theorist, philosopher, scientist, revolutionary, economist, activist, geogr…

Source: Law and Authority (1886), II
Context: Legislators confounded in one code the two currents of custom of which we have just been speaking, the maxims which represent principles of morality and social union wrought out as a result of life in common, and the mandates which are meant to ensure external existence to inequality.
Customs, absolutely essential to the very being of society, are, in the code, cleverly intermingled with usages imposed by the ruling caste, and both claim equal respect from the crowd. "Do not kill," says the code, and hastens to add, "And pay tithes to the priest." "Do not steal," says the code, and immediately after, "He who refuses to pay taxes, shall have his hand struck off."
Such was law; and it has maintained its two-fold character to this day. Its origin is the desire of the ruling class to give permanence to customs imposed by themselves for their own advantage. Its character is the skillful commingling of customs useful to society, customs which have no need of law to insure respect, with other customs useful only to rulers, injurious to the mass of the people, and maintained only by the fear of punishment.

“Supply and demand constantly determine the prices of commodities; never balance, or only coincidentally; but the cost of production, for its part, determines the oscillations of supply and demand.”

Karl Marx (1818–1883) German philosopher, economist, sociologist, journalist and revolutionary socialist

Grundrisse (1857-1858)
Source: Notebook I, The Chapter on Money, p. 58.

“The opinions that the price of commodities depends solely on the proportion of supply and demand, or demand to supply, has become almost an axiom in political economy, and has been the source of much error in that science.”

David Ricardo (1772–1823) British political economist, broker and politician

Source: The Principles of Political Economy and Taxation (1821) (Third Edition), Chapter XXX, Influence of Demand and Supply, p. 260

“The funny part of the whole thing is that a man in this line of business has so much company. I mean his customers. If people did not want beer and wouldn't drink it, a fellow would be crazy for going around trying to sell it!”

Al Capone (1899–1947) American gangster

“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

“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.”

Kenneth Arrow (1921–2017) American economist

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

“The supply of good fellows is by no means in excess of the demand. A man has only to hoist the flag of hospitality to insure a very considerable amount of custom.”

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