Absence Quote by Douglass North

Information is a business in itself. It is also something that has made control impossible ... you cannot get customers to accept prices in…

— Walter Wriston

Prices are important not because money is considered paramount but because prices are a fast and effective conveyor of information through a vast society…

— Thomas Sowell

The proposition is that prices reflect all available information, which in simple terms means since prices reflect all available information, there's no way to…

— Eugene Fama

When information is cheap, attention becomes expensive.

— James Gleick

Information wants to be free. Information also wants to be expensive.

— Stewart Brand

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

— Merton Miller

Markets are, in many settings, self-organizing and 'efficient' in terms of maximizing the welfare of both buyers and sellers.

— David Autor

The 1970s was the decade of developments in the new area of information economics. Search theory, which emphasized the need to gather information, was…

— Dale T. Mortensen

Blockchains will drop search costs, causing a kind of decomposition that allows you to have markets of entities that are horizontally segregated and vertically…

— Vitalik Buterin

“Abundant information wants to be free. Scarce information wants to be expensive.”

— Chris Anderson

On the one hand information wants to be expensive, because it's so valuable. The right information in the right place just changes your life.…

— Anonymous

In the Internet economy, information is everything: The more a company knows about a consumer, the more carefully it can tailor its advertising to…

— Sheldon Whitehouse