Quotes About Economics

For me, it is becoming increasingly clear that the price of unregulated globalisation, mass immigration and the free movement of labour is paid for by the lower classes.

A common price isn't the lowest price. It will most obviously be the highest price.

Beef also was difficult to be procured and exceedingly poor; the price nearly sixpence farthing per pound.

The big problem for atomic energy is that it can't compete on price with the new age of cheap shale gas and, to a lesser extent, clean coal.

I don't think for a minute we went to Iraq for oil. It just so happened that it had oil. But I think we'll come out of the Iraqi situation with a call on their oil at market price.

I don't believe in a price on carbon, because the government is going to control it and they're going to fail.

Price creates incentive, and energy will be developed if there's demand for it at the price you can develop it.

Things that price at $4.99 sell very differently than things that price at $5.

The problem is not that the PC you need always costs more than you can afford. The problem is that whatever the price, it is still too much.

Every time you drop the price by a factor of two, you roughly get a 10 times pickup of the number of people who will seriously consider buying it.

Most of the population cannot afford a private driver. What we're doing is relentlessly innovating to bring the price point down.

Predicting oil prices is anyone's guess.

Monopolies are bad because people get bad service for high prices. Competition is good because people get good service for competitive prices.

So everybody has some information. The function of the markets is to aggregate that information, evaluate it, and get it incorporated into prices.

TSG is competing with Middle East, East Asia and Europe in offering prices that are either lower or at par with these markets.

Businesses are going to innovate in how they bring prices down so people can shop the way they want.

Deflation is defined as a general decline in prices, with emphasis on the word 'general.'

My instinct is to assume that we consumers are an inconsistent bunch. We like competition if it delivers low prices, but grumble if it delivers the bad news that prices need to go up.

A man who is without capital, and who, by prohibitions upon banking, is practically forbidden to hire any, is in a condition elevated but one degree above that of a chattel slave. He may live; but he can live only as the servant of others; compelled to perform such labor, and to perform it at such prices, as they may see fit to dictate.

Although everyone does benefit from lower-priced goods and services, people also care greatly about the chance to be productively employed and the quality of their work. Declining employment opportunities feel real and immediate; the rise in real incomes brought by lower prices does not.

Throughout the 19th century, Britain bought cheaply from the countries of the empire and compelled subject countries to buy our goods at high prices.

Fifty years ago or a hundred years ago, generally, most people would buy a house the way you buy a car. When you buy a car, do you think, 'I better buy this year rather than next year because car prices might go up?'

Yes, prices go up in health care. They have been doing so for 80 straight years.

As demand goes down, you will see prices come down.