Quotations about   supply and demand

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Of course, somehow, these champions of free market, these lovers of the invisible hand, cannot figure out that if people won’t sell you a good or service under the terms you set, free market competition demands that you offer better terms and conditions. It’s as simple as that. If you can’t buy a Porsche for $1.98, that doesn’t mean there’s an automobile shortage.

Peter Greene (contemp.) American teacher, blogger
“Florida’s Teacher Gap Is No Mystery,” Huffington Post (21 Nov 2017)
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Added on 3-Jun-21 | Last updated 3-Jun-21
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The first lesson of economics is scarcity: there is never enough of anything to fully satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.

Thomas Sowell (b. 1930) American economist and political commentator
“Student Loans,” Is Reality Optional? (1993)
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Added on 16-Nov-20 | Last updated 16-Nov-20
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A strange and vanity-devoured, detestable woman! I do not believe I could ever learn to like her except on a raft at sea with no other provisions in sight.

Mark Twain (1835-1910) American writer [pseud. of Samuel Clemens]
The Autobiography of Mark Twain, Vol. 3, 3 July 1908 (2010)
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Added on 1-Feb-04 | Last updated 26-Jan-19
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