Moshe Kahlon Quotes

The Christians had a better chance against the lions than the American consumer has against the OPEC cartel.

… we have some legislatures that bring higher prices than any in the world.

Employers who violate rules of fairness are punished by reduced productivity, and merchants who follow unfair pricing policies can expect to lose sales.

Hey, if we didn't overcharge for our product - guess what - people wouldn't have to buy used games.

Most of what we know about sales comes from a world of information asymmetry, where for a very long time sellers had more information than buyers. That meant sellers could hoodwink buyers, especially if buyers did not have a lot of choices or a way to talk back.

Markets work when people can evaluate the prices and risks of different products, then pick the ones that work best for them. But when the terms of the deal are hidden, competition doesn't work. And customers aren't the only ones who are hurt.

People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices.

The executive [President] could have saved the people from the appalling conditions which confront us today, if all the power of this government had been put forth to enforce the [Sherman] Anti-Trust law.

What is price gouging and what is capitalism can sometimes be a fine line.

People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices. It is impossible indeed to prevent such meetings, by any law which either could be executed, or would be consistent with liberty or justice.

People favor discrimination and privileges because they do not realize that they themselves are consumers and as such must foot the bill. In the case of protectionism, for example, they believe that only the foreigners against whom the import duties discriminate are hurt. It is true the foreigners are hurt, but not they alone: the consumers who must pay higher prices suffer with them.

[The beef trust is] an atrocious conspiracy of greed against need…. Can anyone deny that such absolute control by a few men over the food supply of the nation is in the highest degree hostile to the public welfare.

When the government mandates that everyone must buy a product, its sellers can, and will, increase its price, potentially without limit.

We cannot have a system that everything can be passed on to the final consumer in the garb of cost being recovered without being sensitive to their own problems and affordability.

[The excessive] evils associated with [unregulated] competition [came about] through the shameful neglect of government to fulfill its primary function of protecting equal rights and enforcing justice.]

Middle men are paying farmers less, charging consumers more and pocketing the difference.... For the first time in history consumers have gotten soaked by a drought.

Do not inflate prices one to another.

Regulators all too often encourage or approve unreasonably high prices, inadequate service, and anti-competitive behavior. The cost of this regulation is always passed on to the consumer. And that cost is astronomical.

Likewise let butchers, fishmongers, hostlers, brewers, bakers, pullers and all other vendors of any victuals, be bound to sell such victuals for a reasonable price, having regard for the price at which such victuals are sold in the adjoining places: so that such vendors may have moderate gains, not excessive…

Trade will no longer lie at the mercy of ignorant and reckless politicians, or at the mercy, no less to be deprecated, of a few purse-proud, domineering, dictatorial bank directors, who care not what mischief they do if they can but perpetuate their own exclusive privileges.

What anyone has he may value at what rate he will and transgresses not against justice if he sells it at any price provided he makes no distinction of buyers but parts with it as cheap to this as he would to any other buyer.

The Bretton Woods agreement will enthrone a world dictatorship of private finance more complete and terrible than an Hitlerite dream. It offers no solution of world problems, but quite blatantly sets up controls which will reduce the smaller nations to vassal states and make every government the mouthpiece and tool of International Finance. It will undermine and destroy the democratic institutions.

Monopolies, whether private or governmental, are always abused by those who hold them.

There is a yawning discrepancy of what Americans expect and for what they are willing to pay.

The citizens of the several States composing the Union are entitled, of right, to buy goods in the State where they are manufactured, or in any other State, without being confronted by an illegal combination whose business extends throughout the whole country, which by the law everywhere is an enemy to the public interests, and which prevents such buying, except at prices arbitrarily fixed by it. I insist that the free course of trade among the States cannot coexist with such combinations.