Black Quote by Thomas Sowell

Increasingly prices are set by sellers to raise their prices without a loss of sales sufficient to wipe out the gain.

— William Vickrey

Sellers in general maintain the quality of their products and services for fear of losing customers otherwise. But, when price controls create a situation…

— Thomas Sowell

THE INDUSTRIAL SYSTEM requires that prices be under effective control. And it seeks the greatest possible influence over what buyers take at the established…

— John Kenneth Galbraith

We must keep prices under control to ensure that price increases do not exert a major negative impact on people's lives.

— Li Keqiang

“Just as price fluctuations allocate scarce resources which have alternative uses, price controls which limit those fluctuations reduce the incentives for individuals to limit…

— Thomas Sowell

To economists, prices serve as crucial signals to producers and consumers. In a regulated market, the state sets prices high enough for private companies…

— Alex Berenson

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

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

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

“If customers are more concentrated, then the customers can demand (and get) big price discounts. If suppliers (the client’s company and its competitors) are…

— Victor Cheng

We have never considered any costs as fixed. Therefore we first reduce the price to a point where we believe more sales will result.…

— Henry Ford

In a free market, businesses compete for customers by keeping prices down and for labor by keeping wages up.

— Peter Schiff