Quotes about pricing
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Thomas Fuller (writer) photo

“1090. Cheat me in the Price, but not in the Goods.”

Thomas Fuller (writer) (1654–1734) British physician, preacher, and intellectual

Introductio ad prudentiam: Part II (1727), Gnomologia (1732)

Andrew Dickson White photo

“For similar folly, our own country, in the transition from the colonial period, also paid a fearful price; and from a like catastrophe the United States has been twice saved in our time by the arguments formulated by Turgot.”

Andrew Dickson White (1832–1918) American politician

Footnote - The very remarkable speeches of Mr. Garfield, afterward President of the United States, which had so great an influence on the settlement of the inflation question throughout the Union, were on the main lines laid down in Turgot's letter
Source: Seven Great Statesmen in the Warfare of Humanity with Unreason (1915), p. 171

Karl Polanyi photo
Michael Hudson (economist) photo
Amir Taheri photo
Ron Paul photo

“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

Milton Friedman photo
Reese Palley photo
Jean-Pierre Willem photo

“In 1913, Nobel price Otto Heinrich Warburg was the first to observe that cancer can not develop in a rich stace full of oxygen. Nobel price Roy Walford also observed that caloric restriction, could increase longevity and health.”

Jean-Pierre Willem (1938) French humanitarian

Dès 1913, le prix Nobel Otto Heinrich Warburg fut le premier à observer et expliquer que le cancer ne peut se développer dans un milieu riche en oxygène, donc acide. Le prix Nobel Roy Walford observa également que les restrictions caloriques pouvaient augmenter la longevité et la santé.
Une technique de jeûne annuel: L'ACIDOSE, prévention n°1 des maladies dégénératives, Jean-Pierre Willem (Paris, La vie naturelle, 1990), n°56.

Morarji Desai photo

“When what I believe is the truth, I must act on it. But, I consider that you have every right to think what you think is the truth. I pay a price for adhering to my truth. I pay and do it cheerfully.”

Morarji Desai (1896–1995) Former Indian Finance Minister, Freedom Fighters, Former prime minister

Morarji Desai speaks about life and celibacy

Michael Lewis photo
Moshe Dayan photo
Georges Bataille photo
Woody Allen photo
Gregory of Nyssa photo
Bruce Springsteen photo
Camille Pissarro photo
George Soros photo
Elizabeth Bibesco photo

“What we buy belongs to us only when the price is forgotten.”

Elizabeth Bibesco (1897–1945) writer, actress; Romanian princess

Haven (1951)

Jeremy Corbyn photo
Thomas Hobbes photo

“And as in other things, so in men, not the seller, but the buyer determines the Price.”

The First Part, Chapter 10, p. 42
Leviathan (1651)

Henry Hazlitt photo

“I do not mean to suggest that all those who call themselves monetarists make this unconscious assumption that an inflation involves this uniform rise of prices. But we may distinguish two schools of monetarism. The first would prescribe a monthly or annual increase in the stock of money just sufficient, in their judgment, to keep prices stable. The second school (which the first might dismiss as mere inflationists) wants a continuous increase in the stock of money sufficient to raise prices steadily by a "small" amount—2 or 3 per cent a year. These are the advocates of a "creeping" inflation. … I made a distinction earlier between the monetarists strictly so called and the "creeping inflationists." This distinction applies to the intent of their recommended policies rather than to the result. The intent of the monetarists is not to keep raising the price "level" but simply to keep it from falling, i. e., simply to keep it "stable." But it is impossible to know in advance precisely what uniform rate of money-supply increase would in fact do this. The monetarists are right in assuming that in a prospering economy, if the stock of money were not increased, there would probably be a mild long-run tendency for prices to decline. But they are wrong in assuming that this would necessarily threaten employment or production. For in a free and flexible economy prices would be falling because productivity was increasing, that is, because costs of production were falling. There would be no necessary reduction in real profit margins. The American economy has often been prosperous in the past over periods when prices were declining. Though money wage-rates may not increase in such periods, their purchasing power does increase. So there is no need to keep increasing the stock of money to prevent prices from declining. A fixed arbitrary annual increase in the money stock "to keep prices stable" could easily lead to a "creeping inflation" of prices.”

Henry Hazlitt (1894–1993) American journalist

Where the Monetarists Go Wrong (1976)

Jean-Baptiste Say photo

“The quantity of money, which is readily parted with to obtain a thing is called its price.”

Jean-Baptiste Say (1767–1832) French economist and businessman

Source: A Treatise On Political Economy (Fourth Edition) (1832), Book I, On Production, Chapter I, p. 61

Gangubai Hangal photo

“It was a great experience. Unfortunately those days are over. Nowadays, you seldom see an artist listening to another artiste. Also, the sangeet jalsas, would go on for hours. I remember the tickets were priced at 50 paise for sitting on the ground and a rupee for a chair! All this may sound quaint today.”

Gangubai Hangal (1913–2009) Indian singer

On her grand old days of the All India Music Conference, which were the best in the music world quoted in "On Gangubai Hangal by Sabina Sehgal Computer Science & Engineering - University of Washington".

Jozef Israëls photo

“I take advantage of a painting that I now have at the Paris' exhibition. 3 orphan girls who are sewing in an interior room. I have sold [it] there for a nice price and have heard some interesting reviews published about it. (translation from the original Dutch: Fons Heijnsbroek)”

Jozef Israëls (1824–1911) Dutch painter

version in original Dutch (citaat van Jozef Israëls' brief, in het Nederlands): Ik heb nogal plaizier van eene schilderij die ik thans op de parijsche tentst. Heb. 3 weesmeisjes die in een binnekamer zitten te naaijen. Ik heb [het] daar voor een mooije prijs verkocht en hier en daar interessante kritieken over hooren uitbrengen.
In a letter to A.C. Vosmaer, June 1866; ARA - Tweede afdeling, Archief Vosmaer, input no. 249
Quotes of Jozef Israels, 1840 - 1870

George William Russell photo

“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)

Georges Bataille photo
Narcisse Virgilio Díaz photo

“Patience! They will come to it gradually! Rousseau has sold a landscape for five hundred francs; for my part, I have sold a view of Fontainebleau for seventy-five francs. And I am commissioned to ask you for companion sketches to your drawings. And this time, instead of twenty francs, they are to pay you twenty-five! (Millet replied resignedly: 'If I could only sell two drawings a week at that price all would go right!”

Narcisse Virgilio Díaz (1807–1876) French painter

Diaz to Millet, c. 1845; as quoted by Albert Wolff, in Notes upon certain masters of the XIX century, - printed not published MDCCCLXXXVI (1886), The Art Age Press, 400 N.Y. (written after the exhibition 'Cent Chefs-d'Oeuvres: the Choice of the French Private Galleries', Petit, Paris / Baschet, New York, 1883, p. 20
In Paris Diaz had sold three drawings of his friend Millet for sixty francs, but Millet stayed still thoughtful, for he had to think of the morrow
Quotes of Diaz

George Santayana photo

“Eternal vigilance is the price of knowledge.”

George Santayana (1863–1952) 20th-century Spanish-American philosopher associated with Pragmatism

Source: The Genteel Tradition in American Philosophy (1911), p. 58

“turning a big dial taht says "Racism" on it and constantly looking back at the audience for approval like a contestant on the price is right”

Dril Twitter user

[ Link to tweet https://twitter.com/dril/status/841892608788041732]
Tweets by year, 2017

Ron Paul photo
Lorin Morgan-Richards photo
Joseph E. Stiglitz photo

“1. The standard neoclassical model the formal articulation of Adam Smith's invisible hand, the contention that market economies will ensure economic efficiency provides little guidance for the choice of economic systems, since once information imperfections (and the fact that markets are incomplete) are brought into the analysis, as surely they must be, there is no presumption that markets are efficient.
2. The Lange-Lerner-Taylor theorem, asserting the equivalence of market and market socialist economies, is based on a misguided view of the market, of the central problems of resource allocation, and (not surprisingly, given the first two failures) of how the market addresses those basic problems.
3. The neoclassical paradigm, through its incorrect characterization of the market economies and the central problems of resource allocation, provides a false sense of belief in the ability of market socialism to solve those resource allocation problems. To put it another way, if the neoclassical paradigm had provided a good description of the resource allocation problem and the market mechanism, then market socialism might well have been a success. The very criticisms of market socialism are themselves, to a large extent, criticisms of the neoclassical paradigm.
4. The central economic issues go beyond the traditional three questions posed at the beginning of every introductory text: What is to be produced? How is it to be produced? And for whom is it to be produced? Among the broader set of questions are: How should these resource allocation decisions be made? Who should make these decisions? How can those who are responsible for making these decisions be induced to make the right decisions? How are they to know what and how much information to acquire before making the decisions? How can the separate decisions of the millions of actors decision makers in the economy be coordinated?
5. At the core of the success of market economies are competition, markets, and decentralization. It is possible to have these, and for the government to still play a large role in the economy; indeed it may be necessary for the government to play a large role if competition is to be preserved. There has recently been extensive confusion over to what to attribute the East Asian miracle, the amazingly rapid growth in countries of this region during the past decade or two. Countries like Korea did make use of markets; they were very export oriented. And because markets played such an important role, some observers concluded that their success was convincing evidence of the power of markets alone. Yet in almost every case, government played a major role in these economies. While Wade may have put it too strongly when he entitled his book on the Taiwan success Governing the Market, there is little doubt that government intervened in the economy through the market.
6. At the core of the failure of the socialist experiment is not just the lack of property rights. Equally important were the problems arising from lack of incentives and competition, not only in the sphere of economics but also in politics. Even more important perhaps were problems of information. Hayek was right, of course, in emphasizing that the information problems facing a central planner were overwhelming. I am not sure that Hayek fully appreciated the range of information problems. If they were limited to the kinds of information problems that are at the center of the Arrow-Debreu model consumers conveying their preferences to firms, and scarcity values being communicated both to firms and consumers then market socialism would have worked. Lange would have been correct that by using prices, the socialist economy could "solve" the information problem just as well as the market could. But problems of information are broader.”

Source: Whither Socialism? (1994), Ch. 1 : The Theory of Socialism and the Power of Economic Ideas

George W. Bush photo
Helen Reddy photo

“Oh yes, I am wise
But it's wisdom born of pain
Yes, I've paid the price
But look how much I gained
If I have to, I can do anything
I am strong
I am invincible
I am woman”

Helen Reddy (1941) Australian actress

"I Am Woman"; written and sung by Reddy
Lyrics, "I Don't Know How To Love Him"(1971)

Dietrich Bonhoeffer photo

“The outcome of the Reformation was the victory, not of Luther's perception of grace in all its purity and costliness, but of the vigilant religious instinct of man for the place where grace is to be obtained at the cheapest price.”

Dietrich Bonhoeffer (1906–1945) German Lutheran pastor, theologian, dissident anti-Nazi

translated as The Cost of Discipleship (1959), p. 49.
Discipleship (1937), Costly Grace

Robert Fulghum photo
Mark Skousen photo
Warren Farrell photo
Greg Bear photo
Holden Karnofsky photo
Frederick Winslow Taylor photo
Henry Ford photo

“Through all the years that I have been in business I have never yet found our business bad as a result of any outside force. It has always been due to some defect in our own company, and whenever we located and repaired that defect our business became good again - regardless of what anyone else might be doing. And it will always be found that this country has nationally bad business when business men are drifting, and that business is good when men take hold of their own affairs, put leadership into them, and push forward in spite of obstacles. Only disaster can result when the fundamental principles of business are disregarded and what looks like the easiest way is taken. These fundamentals, as I see them, are:
(1) To make an ever increasingly large quantity of goods of the best possible quality, to make them in the best and most economical fashion, and to force them out onto the market.
(2) To strive always for higher quality and lower prices as well as lower costs.
(3) To raise wages gradually but continuously B and never to cut them.
(4) To get the goods to the consumer in the most economical manner so that the benefits of low cost production may reach him.
These fundamentals are all summed up in the single word 'service'… The service starts with discovering what people need and then supplying that need according to the principles that have just been given.”

Henry Ford (1863–1947) American industrialist

Henry Ford in: Justus George Frederick (1930), A Philosophy of Production: A Symposium, p. 32; as cited in: Morgen Witzel (2003) Fifty Key Figures in Management. p. 196

Herbert Hoover photo

“The ultimate "causes of price" - to use a Classical term - lie deeply embedded in the psychology and techniques of mankind and his environment, and are as manifold as the sands of the sea. All economic analysis is an attempt to classify these manifold causes, to sort them out into categories of discourse that our limited minds can handle, and so to perceive the unity of structural relationship which both unites and separates the manifoldness. Our concepts of "" and "supply" are such broad categories. In whatever sense they are used, they are not ultimate determinants of anything, but they are convenient channels through which we can classify and describe the effects of the multitude of determinants of the system of economic magnitude.”

Kenneth E. Boulding (1910–1993) British-American economist

Kenneth Boulding (1944) " A Liquidity Preference Theory of Market Prices http://cas.umkc.edu/econ/economics/faculty/wray/631Wray/Week%207/Boulding.pdf". In: Economica, New Series, Vol. 11, No. 42 (May, 1944), pp. 55-63.
C. Brown (2003) " Toward a reconcilement of endogenous money and liquidity preference http://www.clt.astate.edu/crbrown/brownjpke.pdf" in: Journal of Post Keynesian Economics. Winter 2003–4, Vol. 26, No. 2. 323 commented on this article, saying: "Boulding (1944) argued that if liquidity preference were divorced from the "demand for money," the former could come into its own as a theory of financial asset pricing. According to this view, rising liquidity preference or a "wave of bearish sentiment" is manifest in a shift from certain asset categories, specifically, those that are characterized by high capital uncertainty (that is, uncertainty about the future value of the asset as a result of market revaluation) to assets such as commercial paper or giltedged securities."
1940s

Radhanath Swami photo

“Sometimes the Lord gives us a free sample of religious experience, but for more, we must pay a price with the currency of sincere dedication to the process of cleansing.”

Radhanath Swami (1950) Gaudiya Vaishnava guru

?
The Journey Home: Autobiography of an American Swami (Tulsi Books, 2010)

Richard Rodríguez photo

“Stop complaining about the price of your gas. Be thankful your car doesn't run on bottled water.”

David A. Ridenour, "If Your Car Ran on Bottled Water, You'd be Paying $6.40 a Gallon," Milwaukee Journal Sentinel, July 1, 2006

George Holmes Howison photo

“Before it can be said, then, that human freedom and the absolute definiteness of God as Supreme Reason are really reconciled, we must have found some way of harmonising the eternity of the human spirit with the creative and regenerative offices of God. The sense of their antagonism is nothing new. Confronted with the race-wide fact of human sin, the elder theology proclaimed this antagonism, and solved it by denying to man any but a temporal being; quite as the common-sense of the everyday Philistine, absorbed in the limitations of the sensory life, proclaims the mere finitude of man, and is stolid to the ideal considerations that suggest immortality and moral freedom, rating them as day-dreams beneath sober notice, because the price of their being real is the attributing to man nothing short of infinity. "We are finite! merely finite!" is the steadfast cry of the old theology and of the plodding common realist alike; and, sad to say, of most of historic philosophy too. And the old theology, with more penetrating consistency than the realistic ordinary man or the ordinary philosophy, went on to complete its vindication of the Divine Sovereignty from all human encroachment by denying the freedom of man altogether.”

George Holmes Howison (1834–1916) American philosopher

Source: The Limits of Evolution, and Other Essays, Illustrating the Metaphysical Theory of Personal Ideaalism (1905), The Harmony of Determinism and Freedom, p.330-1

Willem Roelofs photo

“I repainted the only unsold picture that was [exhibited] in Rotterdam last year. It seems to me that it looks quite pleasing and good now... I want you to ask him [the client] seven hundred guilders.... for six hundred as lowest price I would be willing to sell it and if you think - knowing him - it would be better to ask that price at once, so do it.”

Willem Roelofs (1822–1897) Dutch painter and entomologist (1822-1897)

translation from original Dutch: Fons Heijnsbroek
(original Dutch: citaat van Willem Roelofs, in het Nederlands:) Ik heb het eenige nog niet verkochte schilderij dat voorl. jaar te Rotterdam was, overgeschilderd.. .Mij dunkt, dat het er nog al aangenaam en goed uitziet.. .Ik wilde dat gij hem zevenhonderd guldens voor vroeg.. ..voor zeshonderd zou ik het uiterlijk kunnen laten en meent gij, hem kennende, het beter zou zijn dadelijk die prijs te vragen zoo doe het dan.
Quote from a letter of W. Roelofs, Brussel 20 June, 1860, to art-collector/dealer P. verloren van Themaat in Utrecht, from: an extract of the Dutch Archive RKD, The Hague https://rkd.nl/explore/excerpts/289
this letter is one of many illustrations that Roelofs repainted his paintings rather frequently, as improvement or on demand of the client
1860's

George Chapman photo

“Let no man value at a little price
A virtuous woman's counsel; her wing'd spirit
Is feather'd oftentimes with heavenly words.”

The Gentleman Usher, Act IV, scene i; reported in Bartlett's Familiar Quotations, 10th ed. (1919).

Adolf Hitler photo
Ibn Battuta photo
Naomi Klein photo
Aldo Leopold photo
Alfred P. Sloan photo
Saul D. Alinsky photo

“The price of a successful attack is a constructive alternative.”

Saul D. Alinsky (1909–1972) American community organizer and writer

Source: Rules for Radicals: A Practical Primer for Realistic Radicals (1971), p. 130

Erwin Schrödinger photo
Jeremy Corbyn photo
Warren Buffett photo
F. E. Smith, 1st Earl of Birkenhead photo

“Diverting attention from the way in which certain beliefs, desires, attitudes, or values are the result of particular power relations, then, can be a sophisticated way of contributing to the maintenance of an ideology, and one that will be relatively immune to normal forms of empirical refutation. If I claim (falsely) that all human societies, or all human societies at a certain level of economic development, have a free market in health services, that is a claim that can be demonstrated to be false. On the other hand, if I focus your attention in a very intense way on the various different tariffs and pricing schema that doctors or hospitals or drug companies impose for their products and services, and if I become morally outraged by “excessive” costs some drug companies charge, discussing at great length the relative rates of profit in different sectors of the economy, and pressing the moral claims of patients, it is not at all obvious that anything I say may be straightforwardly “false”; after all, who knows what “excessive” means? However, by proceeding in this way I might well focus your attention on narrow issues of “just” pricing, turning it away from more pressing issues about the acceptance in some societies of the very existence of a free market for drugs and medical services. One can even argue that the more outraged I become about the excessive price, the more I obscure the underlying issue. One way, then, in which a political philosophy can be ideological is by presenting a relatively marginal issue as if it were central and essential.”

Source: Philosophy and Real Politics (2008), p. 54.

Jeremy Corbyn photo
Jorge Rafael Videla photo
James Bovard photo

“It should not be a federal crime to charge low prices to American consumers.”

James Bovard (1956) American journalist

From The Fair Trade Fraud (St. Martin's Press, 1991) http://www.jimbovard.com/Epigrams%20page%20Fair%20Trade%20Fraud.htm

Paulo Coelho photo

“This much have I learned: A man’s life weighs more than glory, and a price paid in blood is a heavy reckoning.”

Source: The Chronicles of Prydain (1964–1968), Book V : The High King (1968), Chapter 3 (Taran)

Steve Lyons photo
John Maynard Keynes photo
Quentin Crisp photo
Charlie Brooker photo
Alan Greenspan photo

“A decline in the national housing price level would need to be substantial to trigger a significant rise in foreclosures, because the vast majority of homeowners have built up substantial equity in their homes despite large mortgage-market financed withdrawals of home equity in recent years.”

Alan Greenspan (1926) 13th Chairman of the Federal Reserve in the United States

July 2005 http://www.startribune.com/nation/12598281.html, in testimony to the House Financial Services Committee.
2000s

Mitt Romney photo
Didier Sornette photo
Kent Hovind photo
Calvin Coolidge photo
Ilana Mercer photo
Adolf Hitler photo
Calvin Coolidge photo
John Hicks photo
Donald J. Trump photo
Samuel P. Huntington photo
Richard Rorty photo
Sri Chinmoy photo

“No price is too great to pay for inner peace.”

Sri Chinmoy (1931–2007) Indian writer and guru

Words of Wisdom (2010)