Quotes About Cost

Price is what you pay. Value is what you get (Ben Graham).

We know that freedom has a price. Democracy has a price. But maybe we paid a price that is higher than freedom and higher than democracy. There is always a price for freedom. But not this much.

Its cost is "sunk" and the Econ would not care whether he had bought the ticket to the game or got it from a friend (if Econs have friends).

Freedom has a cost, which is borne by individuals who make bad choices, and by a society that feels obligated to help them.

En la economía de la acción, el esfuerzo es un coste, y la adquisición de habilidad viene determinada por el balance de costes y beneficios.10 La pereza está profundamente arraigada en nuestra naturaleza.

In the economy of action, effort is a cost, and the acquisition of skill is driven by the balance of benefits and costs. Laziness is built deep into our nature.

In the economy of action, effort is a cost, and the acquisition of skill is driven by the balance of benefits and costs.

An adjuster is assigned to the claim—just as the underwriter was assigned, because she happens to be available. The adjuster gathers the facts of the case and provides an estimate of its ultimate cost to the company. The same adjuster then takes charge of negotiating with the claimant's representative to ensure that the claimant receives the benefits promised in the policy while also protecting the company from making excessive payments.

economy of action, effort is a cost, and the acquisition of skill is driven by the balance of benefits and costs. Laziness is built deep into our nature.

But the fact that something is free alone doesn't make it wise or compelling to proceed.

Tidy fees are the most effective remedy, both for the doctor and the patient.

The purely random sample is the only kind that can be examined with confidence by means of statistical theory, but there is one things wrong with it. It is so difficult and expensive to obtain for many uses that sheer cost eliminates it. A more economical substitute, which is almost universally used in such fields as opinion polling and market research, is called stratified random sampling.

Aside from velcro, time is the most mysterious substance in the universe. You can't see it or touch it, yet a plumber can charge you upwards of seventy-five dollars per hour for it, without necessarily fixing anything.

People value happiness by what it costs.

Anyone who has ever struggled with poverty knows how extremely expensive it is to be poor.

So the economic benefit of higher education in arts subjects appears to be nil. In fact, it is a luxury in the sense that it costs money rather than yielding it. It is a luxury which is paid for out of general taxation, including taxation of the poor.

For 50 years, nuclear power stations have produced three products which only a lunatic could want: bomb-explosive plutonium, lethal radioactive waste and electricity so dear it has to be heavily subsidised. They leave to future generations the task, and most of the cost, of making safe sites that have been polluted half-way to eternity.

But he and his compatriots would soon assess the cost of Taffy 3's audacious resistance, the effectiveness of which no tactician could ever have foreseen and no statistician could have measured.

Those without the resources to wrest a share of the available and inadequate supply of horses and fodder suddenly found that they and their property were no longer safe. To put their dilemma in contemporary terms, it was as if you were forced to arm yourself today with a new type of weapon, but the cost of doing so was $100,000. If you could not pay that price, you would be at the mercy of those who could.

Mass production of books ended the Church's monopoly on Scripture, as well as on other forms of information. The wider availability of books reduced the cost of literacy and thus multiplied the number of thinkers who were in a position to offer their own opinions on important subjects, particularly theological subjects

When technology is mobile, and transactions occur in cyberspace, as they increasingly will do, governments will no longer be able to charge more for their services than they are worth to the people who pay for them.

When information is cheap, attention becomes expensive.

I got the bill for my surgery. Now I know what those doctors were wearing masks for.

Surely there comes a time when counting the cost and paying the price aren't things to think about any more. All that matters is value - the ultimate value of what one does.