Price fixing does not represent simply windfall gains and losses to particular groups according to whether the price happens to be set higher or lower than it would be otherwise. It represents a net lose to the economy as a whole to the extent that many transactions do not take place at all, because the mutually acceptable possibilities have been reduced.
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It takes all the fun out of a bracelet if you have to buy it yourself.
It takes all the fun out of a bracelet if you have to buy it yourself.
It is the duty of a good shepherd to shear his sheep, not to skin them.
It is the duty of a good shepherd to shear his sheep, not to skin them.
Tax reform means, 'Don't tax you, don't tax me. Tax that fellow behind the tree.'.
Tax reform means, 'Don't tax you, don't tax me. Tax that fellow behind the tree.'.
If you don't care, your customer never will.
If you don't care, your customer never will.
One rose says more than the dozen.
One rose says more than the dozen.
An economist's guess is liable to be as good as anybody else's.
An economist's guess is liable to be as good as anybody else's.
The "human condition" is always to push forward for the better and economics is the study of that process.
The "human condition" is always to push forward for the better and economics is the study of that process.
The increase in the world's population represents our victory against death...
The increase in the world's population represents our victory against death...
Whoever originated the cliche that money is the root of all evil knew hardly anything about the nature of evil read more
Whoever originated the cliche that money is the root of all evil knew hardly anything about the nature of evil and very little about human beings.
