Abstaining Quote by Sheldon Richman

“Fundamentally, in a system in which the knowledge of the relevant facts is dispersed among many people, prices can act to coordinate the separate…

— Friedrich Hayek

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

The much-maligned price system works not only to secure supply but to conserve. [...] Profits and prices are the street signs of the economy.…

— Ilana Mercer

“When most people hear the word “price,” they think of a number. That's a price point. When we use the term price, we are…

— Madhavan Ramanujam

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

In industries where a lot of competitors are selling the same product - mangoes, gasoline, DVD players - price is the easiest way to…

— James Surowiecki

I mean, price is price. It's just where you want to spend your money.

— Rob Walton

In a free market capitalist system, 'price signals' are everything. Prices are determined by buyers and sellers in the free market, and these prices…

— Max Keiser

Tastes and behavior are important in economics. Nobody denies that. But the question is: How much of behavior is irrational, and how much of…

— Eugene Fama

For some reason people take their cues from price action rather than from values. Price is what you pay. Value is what you get.

— Warren Buffett

My instinct is to assume that we consumers are an inconsistent bunch. We like competition if it delivers low prices, but grumble if it…

— Evan Davis

The value of an item—in the mind of a consumer—is simply the difference between the anticipated price and the price on the tag.

— Roy H. Williams