John Skipper Quotes

There are certain things that are inherently scarce. For example, there is only a certain amount of beachfront property in California. It is going to be scarce, it is going to be expensive.

You'd never look at a Rembrandt and say, 'That's just wood and canvas and paint - how much?!' It's all about how many people want it. It works on a pair of jeans as well - they're just material and stitching, and as soon as you walk out of the shop, they're worth nothing.

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

Gold and silver, like other commodities, have an intrinsic value, which is not arbitrary, but is dependent on their scarcity, the quantity of labour bestowed in procuring them, and the value of the capital employed in the mines which produce them.

The exchangeable value of all commodities, rises as the difficulties of their production increase.

Money is a way of creating scarcity.

Remember, things extremely hard to come by are not necessarily good.

People will buy anything that is 'one to a customer.'

Time is a resource whose supply is inversely proportional to its demand.

If a commodity were in no way useful, - in other words, if it could in no way contribute to our gratification, - it would be destitute of exchangeable value, however scarce it might be, or whatever quantity of labour might be necessary to procure it.

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

When will you learn that the time to buy a thing is when you find what you want? If you go back the next year and try to get more, they will try to sell you something else.

It is really tough now to buy a player - everyone is asking millions and millions and millions.

The great merit of gold is precisely that it is scarce; that its quantity is limited by nature; that it is costly to discover, to mine, and to process; and that it cannot be created by political fiat or caprice.

It is not that pearls fetch a high price because men have dived for them; but on the contrary, men have dived for them because they fetch a high price.

Shows are my saving grace. In between actual jobs, the only thing that keeps me sane is the knowledge that I can go up on stages.

You have lines of people outside Apple stores waiting for the latest iPhone, which adds to the hype around new product launch. So scarcity has value not just in its own right, but as a basis for free PR - it can become a story on the nightly news.

By design, Bitcoin is a scarce resource with a predictable supply of new issuance. And it is this scarcity and predictable supply that make it so attractive as an underlying asset to bind to economic activity and trade.

Creative industries are more important than the car industry, luxury jewels, and fashion.

The first rule of economics is that there is an infinite number of desires chasing a finite number of goods, services and resources. The first rule of politics is to ignore the first rule of economics.

When nobody wants something, that creates an opportunity.

Economists tell us that the 'price' of an object and its 'value' have very little or nothing to do with one another. 'Value' is entirely subjective economic value, anyway while 'price' reflects whatever a buyer is willing to give up to get the object in question, and whatever the seller is willing to accept to give it up. Both are governed by the Law of Marginal Utility, which is actually a law of psychology, rather than economics. For government to attempt to dictate a 'fair price' betrays complete misunderstanding of the entire process.

I did 15 shows a week when I lived in New York. I did five shows on a Friday and seven shows on a Saturday. It was everything I did and it was my sole source of income.

To cite Enzo Ferrari, we will always sell one less Ferrari than the market wants, that's a policy that will never change.

Our bounty, like a drop of water, disappears, when diffus'd too widely