Brian Herbert Quotes

There ain't no such thing as a free lunch.

'There are no easy pickings.' That would be a more accurate, less dramatic statement than 'There's no such thing as a free lunch.'

As an economist, I'm aware that life is full of trade offs.

Everything you want in life has a price connected to it. There's a price to pay if you want to make things better, a price to pay just for leaving things as they are, a price for everything.

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.

There's no such thing as a free lunch.

The dictates of economics, that "dismal science," limit the benefits of medical science

Economics is a choice between alternatives all the time. Those are the trade-offs.

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

It is not possible to spend on one thing and then not have consequences on something else.

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.

Economics is a subject that does not greatly respect one's wishes.

Because economics is all about optimising, doing the best you can with what you have - it's usually the first place you should look for answers if you want to maximise your happiness.

There is no such thing as a free lunch.

Economics is everywhere, and understanding economics can help you make better decisions and lead a happier life.

Most economic fallacies derive … from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another.

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

The general principles of political economy teach us to buy all our commodities where we can have them the cheapest; and perhaps there is no general rule in the whole compass of the science to which fewer justifiable exceptions can be found in practice

There is only one difference between a bad economist and a good one: the bad economist confines himself to the visible effect; the good economist takes into account both the effect that can be seen and those effects that must be foreseen.

Economics has revealed a great truth about the natural law of human interaction: that not only is production essential to man's prosperity and survival, but so also is exchange.

Perhaps the most widespread misunderstanding of economics is that it applies solely to financial transactions. Frequently this leads to statements that "there are noneconomic values" to consider. There are, of course, noneconomic values. Indeed, there are only noneconomic values. Economics is not a value itself but merely a method of trading off one value against another.

When you take the entire system into account, ways of developing more of something in one dimension can actually create scarcities in another. If we say we have to increase production because people need more food, more housing, more meat, or more milk, we can make one thing grow in a certain way. But by doing that we create externalities so that there are scarcities in other related things.

Everything comes at a price. Everthing in your life. The question you have to ask yourself is, what price are you willing to pay?

Everything in life has its price.

Mistakes wreck your life. But they make what you have. It's kind of all one. You know what Hester told me when we were working the sheep one time? She said it's no good to complain about your flock, because it's the put-together of all your past choices.