J. Bradford DeLong Quotes

The battle of competition is fought by the cheapening of commodities

When you have more competition, you have better products and lower prices.

We don't have a monopoly. We have market share. There's a difference.

They will come to learn in the end, at their own expense, that it is better to endure competition for rich customers than to be invested with monopoly over impoverished customers.

Within a market, organizations have interests distinct from and often antagonistic to the market processes that produced and sustain them.

Free competition is worth more to society than it costs.

By competition the total amount of supply is increased, and by increase of the supply a competition in the sale ensues, and this enables the consumer to buy at lower rates. Of all human powers operating on the affairs of mankind, none is greater than that of competition.

Of all human powers operating on the affairs of mankind, none is greater than that of competition.

Competition is good because we need to educate customers, and Ozon.ru itself will not be able to do it.

Airlines go in the long run at the competition to reason. For the passenger the competition is good, because each competitor tries to undercut the other one.

When you’re dealing with a commodity, high productivity means that nobody makes any money.

The breakup was a good thing. It brought competition into a field where there hadn’t been any competition and that’s the American way. Competition brings down price and brings up quality.

We should rely on the markets to move on their own.

The difficulty lies, not in finding a producer, but in finding a consumer.

Those underlings who in all the preceding ages of history had formed the herds of slaves and serfs, of paupers and beggars, became the buying public, for whose favor the businessmen canvass. They are the customers who are “always right,” the patrons who have the power to make poor suppliers rich and rich suppliers poor.

… competition has to shoulder the responsibility of explaining all the meaningless ideas of the economists, whereas it should rather be the economists who explain competition.

Competition is always there.

Competition exists everywhere.

There's competition everywhere.

Competition matters.

Competition has always been good.

There's no better friend to any merchant than a fair competitor.

But they are also better, our competitors are better because Wal-Mart exists.

In some industry markets, high quality can be tied to making more money, but I am sure by now all of us know the computer industry is not like that.

Competition is not only the basis of protection to the consumer, but is the incentive to progress.