Maimonides Quotes

Every thing receives a value from its use, and the Value is raised [or lowered], according to its Quality, Quantity and Demand.

Everything which is demanded is by that fact a good.

And as in other things, so in men, not the seller, but the buyer determines the Price.

As scarce as truth is, the supply has always been in excess of the demand.

Land will continue to rise in value, being yet capable of Improvement; And as the Demand increases, for the Quantity will be the same

I do not think anything should be given for free. Everything has a price attached to it.

Scarcity is a good sales tactic if you are selling something people want.

Understand clearly that when a great need appears a great use appears also; when there is small need there is small use; it is obvious, then, that full use is made of all things at all times according to the necessity thereof.

Now love's the only thing that's free /We must take it where it's found /Pretty soon it may be costly

Value is the life-giving power of anything; cost, the quantity of labour required to produce it; its price, the quantity of labourwhich its possessor will take in exchange for it.

The craft of the merchant is this bringing a thing where it abounds to where it is costly.

A thing is worth what it can do for you, not what you choose to pay for it.

The best things in life are free - and $19.95.

What we obtain too cheap, we esteem too lightly; it is dearness only that gives everything its value.

There is a supply for every demand.

The reality is that we are all economists. We all deal with scarcity as we make choices and calculate how to ration various items and resources that we consume, produce and utilize.

I know the price of lettuce. You need to understand price and value. You buy the best lettuce you can at the best price you can.

First rule of Economics 101: our desires are insatiable. Second rule: we can stomach only three Big Macs at a time.

If you have to design something, choose things that we need as opposed to frivolous things that we might just want for a month or two for bragging rights.

Invention is the mother of necessity.

What we're talking about is the price of goods, all goods, in terms of money. That has nothing to do with unemployment, except for the fact that you get fewer goods. And when you have more money and fewer goods, the amount of dollars per good goes up. It goes up because there are fewer goods and it goes up because there is more money.

Praise, like gold and diamonds, owes its value only to its scarcity.

We measure our enjoyments by the sum expended.

Like any business, the oil industry runs on the basic premise of supply and demand. The more supply - the lower the price. The higher the demand - the higher price. In other words, the more people who can buy oil, the higher the price of oil.

Supply and demand don’t work on a legislative schedule.