Higher Quote by Stephen Moore
“Increases in output generally lead to lower prices, not higher prices.”
About This Quote
Source Book: Economic Principles, 2015
Higher production typically reduces unit costs, resulting in lower prices for consumers.
In simple terms: More output lowers prices.
Support policies that boost productivity.
Themes
Mood
Type
When to use this quote
- manufacturing expansion
- market competition
- consumer pricing strategies
Key Concepts
Questions to Reflect On
- What factors can cause prices to rise despite higher output?
- How can economies sustain productivity growth?
External shocks can disrupt price trends.