Source: The Principles of Political Economy and Taxation (1821) (Third Edition), Chapter XXX, Influence of Demand and Supply, p. 260
“Profits and prices are the street signs of the economy. Only fools flout them. The much–maligned price system works not only to secure supply but to conserve.”
"The Goods on Gas," http://www.ilanamercer.com/phprunner/public_article_list_view.php?editid1=7 WorldNetDaily.com, July 13, 2008.
2000s, 2008
Help us to complete the source, original and additional information
Ilana Mercer 288
South African writerRelated quotes
“The price system transmits only the important information and only to the people who need to know.”
Source: Free to Choose (1980), Ch. 1 "The Power of the Market", 15
Grundrisse (1857-1858)
Source: Notebook I, The Chapter on Money, p. 58.
John Bolton Admits All Of These Wars Are For Oil http://www.youtube.com/watch?v=rAgv6HaOHzM, interview on Fox News, October 22, 2011
Source: Theory of Economic Dynamics (1965), Chapter 5, Determination of National Income and Consumption, p. 63
“…it is the natural tendency of market economies to lower prices that makes them so successful.”
Quotes from Crash Proof (2006)
Tjalling C. Koopmans, "Is the Theory of Competitive Equilibrium With It?," The American Economic Review, Vol. 64, No. 2, May 1974; p. 327
William Barclay (1964) The Gospel of John. Vol. 2, p. 77
Source: Debunking Economics - The Naked Emperor Of The Social Sciences (2001), Chapter 4, Size Does Matter, p. 101