Drop Without Warning

Measure

Negotiate

Only Exist Because We Agreed

Organize Scarcity

Quietly Negotiate

Quietly Shape Decisions

Things Worth More Than They Cost

price

collective noun

cost

wine

client

quality

cost performance

is important not because money is considered paramount but because it is a fast and effective conveyor of information through a vast society in which fragmented knowledge must be coordinated.

Prices are important not because money is considered paramount but because prices are a fast and effective conveyor of information through a vast society in which fragmented knowledge must be coordinated. Thomas Sowell

is nothing other than the amount of life you exchange for something.

The price of anything is the amount of life you exchange for it. Henry David Thoreau

is, in economic activity, a thing whose purpose is to transmit information, to provide incentive for efficiency and purpose, and to determine who gets how much of the product the distribution of income.

Prices three functions in organizing economic activity: first, they transmit information... second, they provide an incentive to adopt those methods of production that are least costly and thereby use available resources for the most highly valued pur poses... third, they determine who gets how much of the product the distribution of income. These three functions are closely in terrelated.

is taken by itself, nothing but the monetary expression of value.

Price, taken by itself, is nothing but the monetary expression of value. Karl Marx

is ultimately the toil and trouble which the man who wants to acquire something is willing to go.

The real price of everything, what everything really costs to the man who wants to acquire it, is the toil and trouble of acquiring it. Adam Smith

is so out of control that it is often unclear whether the price tags on some articles represent value or nerve.

When we look at the price tags on some articles, we don't know whether they represent value or nerve.

is value, plus a reasonable sum for the wear and tear of conscience in demanding it.

Price is what you pay. Value is what you get.

price, n.Memes

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