A shortage is a sign that somebody is keeping the price artificially lower than it would be if supply and demand were allowed to operate freely.

Nature cannot be tricked or cheated. She will give up to you the object of your struggles only after you have paid her price.

Money is kind of a base subject. Like water, food, air and housing, it affects everything yet for some reason the world of academics thinks it’s a subject below their social standing.

In this industry, there’s a lot of cases of being a competitor in one way, but you’re often a customer and a vendor in another way. It’s not atypical in aerospace. Actually, it’s not that atypical in a lot of industries.

For most of us, relationship with another is based on dependence, either economic or psychological. This dependence creates fear, breeds in us possessiveness, results in friction, suspicion, frustration.

All the political angst and moral melodrama about getting ‚the rich‘ to pay ‚their fair share‘ is part of a big charade. This is not about economics, it is about politics.

The value of a dollar is social, as it is created by society.

I believe that economics is based on scarcity of markets. And it’s possible to monetize your art without compromising the integrity of it for commerce.

Capitalism knows only one color: that color is green; all else is necessarily subservient to it, hence, race, gender and ethnicity cannot be considered within it.

I had to abandon free market principles in order to save the free market system.

No people come into possession of a culture without having paid a heavy price for it.

You need to be in the position where it is the cost of the fuel that actually matters and not the cost of building the rocket in the first place.

The problem is not that people are taxed too little, the problem is that government spends too much.

When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.

I’m not a macroeconomics person.

The usual method of finding a little dongly thing that actually matches a gizmo I want to use is to go and buy another one, at a price that can physically drive the air from your body.

The climate crisis is both the easiest and the hardest issue we have ever faced. The easiest because we know what we must do. We must stop the emissions of greenhouse gases. The hardest because our current economics are still totally dependent on burning fossil fuels, and thereby destroying ecosystems in order to create everlasting economic growth.

We’ve switched from a culture that was interested in manufacturing, economics, politics – trying to play a serious part in the world – to a culture that’s really entertainment-based.

The real minimum wage is zero.

Competition is not only the basis of protection to the consumer, but is the incentive to progress.

The problem with socialism is that you eventually run out of other peoples‘ money.

I’m interested in movement, and I’m interested in money, and I’m interested in the movement of money.

Labor is prior to, and independent of, capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration.

Debt is a social and ideological construct, not a simple economic fact.

Prices are important not because money is considered paramount but because prices are a fast and effective conveyor of information through a vast society in which fragmented knowledge must be coordinated.

Now financial liberalization is just a catastrophe waiting to happen, and there are very well understood reasons for that.

The secret to the movie business, or any business, is to get a good education in a subject besides film – whether it’s history, psychology, economics, or architecture – so you have something to make a movie about. All the skill in the world isn’t going to help you unless you have something to say.

As you know, low demand and high supply means a drop in value of anything, including the dollar.

Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man.

For every benefit you receive a tax is levied.

There is hardly anything in the world that some man cannot make a little worse and sell a little cheaper, and the people who consider price only are this man’s lawful prey.

What do you think a stimulus is? It’s spending – that’s the whole point! Seriously.

Geography has made us neighbors. History has made us friends. Economics has made us partners, and necessity has made us allies. Those whom God has so joined together, let no man put asunder.

No nation was ever ruined by trade.

Eventually, all companies are replaced.

But while they prate of economic laws, men and women are starving. We must lay hold of the fact that economic laws are not made by nature. They are made by human beings.

Socialists tend to want to pay people more money to do less work, and capitalists tend to want to provide better products at better prices.

The rise in the price of gold is a sign that capitalism has stumbled.

We must lay hold of the fact that economic laws are not made by nature. They are made by human beings.

There can be no liberty unless there is economic liberty.

Where quality is the thing sought after, the thing of supreme quality is cheap, whatever the price one has to pay for it.

A thing is worth what it can do for you, not what you choose to pay for it.

You don’t want to negotiate the price of simple things you buy every day.

Freedom is never dear at any price. It is the breath of life. What would a man not pay for living?

It is just as important that business keep out of government as that government keep out of business.

Economic medicine that was previously meted out by the cupful has recently been dispensed by the barrel. These once unthinkable dosages will almost certainly bring on unwelcome after-effects. Their precise nature is anyone’s guess, though one likely consequence is an onslaught of inflation.

Responsibility is the price of freedom.

It is a way to take people’s wealth from them without having to openly raise taxes. Inflation is the most universal tax of all.

Capital as such is not evil; it is its wrong use that is evil. Capital in some form or other will always be needed.

Fortune is like the market, where, many times, if you can stay a little, the price will fall.

The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists.

I am not worried about the deficit. It is big enough to take care of itself.

We must be willing to pay a price for freedom.

Capital is money, capital is commodities. By virtue of it being value, it has acquired the occult ability to add value to itself. It brings forth living offspring, or, at the least, lays golden eggs.

Courage is the price that life exacts for granting peace.

History teaches that war begins when governments believe the price of aggression is cheap.

If the other fellow sells cheaper than you, it is called dumping. ‚Course, if you sell cheaper than him, that’s mass production.

Price is what you pay. Value is what you get.

Concentration of wealth yields concentration of political power. And concentration of political power gives rise to legislation that increases and accelerates the cycle.

Free trade is not based on utility but on justice.

The price of anything is the amount of life you exchange for it.