Commodity Quote by Milton Friedman

We economists don't know much, but we do know how to create a shortage. If you want to create a shortage of tomatoes, for…

— Milton Friedman

Economists may not know how to run the economy, but they know how to create shortages or gluts simply by regulating prices below the…

— Milton Friedman

Greater consumption due to increase in population and growth of income heightens scarcity and induces price run-ups. A higher price represents an opportunity that…

— Julian Simon

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

— Thomas Sowell

The opinions that the price of commodities depends solely on the proportion of supply and demand, or demand to supply, has become almost an…

— David Ricardo

There is a supply for every demand.

— Florence Scovel Shinn

I tend to look at things from the supply side, looking for ways to make it less expensive to do more production. I think…

— Pat Toomey

Finally, assuming that many of those are fulfilled, which won't be easy in tight budget times, we're taking the supply side at the basic…

— Bill Gates

“How can you measure progress if you don't know what it costs and who has paid for it? How can the "market" put a…

— Arundhati Roy

Teach a parrot the terms 'supply and demand' and you've got an economist.

— Thomas Carlyle

“It is not in the power of governments to increase the supply of one commodity without a corresponding restriction in the supply of other…

— Ludwig von Mises

Let the market, not politicians, determine the flow of rice, oil and other commodities. Lower, more stable prices will ensue.

— Steve Hanke