Different people Quote by Friedrich Hayek

We think of prices as simply the notation of how much we must pay for things. But the price system accomplishes far more than…

— Sheldon Richman

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

Economics is not an attempt to generalize human desires or human behavior; but to generalize the phenomena of price.

— Michael Joseph Oakeshott

“Ultimately, what economics attempts to measure, underneath money, is the totality of all that human beings make and do for each other.”

— Charles Eisenstein

But the system of prices ruling the market not only transmits information in the light of which economic agents can mutually adjust their actions,…

— Michael Polanyi

In abbreviated form, by a kind of symbol, only the most essential information is passed on and passed on only to those concerned. It…

— Friedrich August von Hayek

Basically, we try to buy value expressed in the differential between its price and what we think its worth.

— Walter Schloss

“Everything in life has a price; each choice we make is a transaction. It's only with the passage of time that we realize sometimes…

— David Hontiveros

There is a state that is able to understand the demand in the economy. That state should use prices as an instrument for implementation…

— Anatoly Chubais

The question is really how do we think seriously about this mechanism called a market. It ought to be determining not values but prices.

— Cornel West

“What is missing in our economic system is a central value that can encompass everything that can be transacted and used to assign the…

— Ilchi Lee

“Sometimes we make decisions and we think that the decisions we make are to our benefit. Other times, we make decisions and at the…

— Scott Hildreth