Supply Constraint Quotes

The earth only has so much bounty to offer and inventing ever larger and more notional prices for that bounty does not change its real value.

It sounds to me like the OLED iPhone is a phone which Apple can't make 40 million of per quarter, at least not today. And if that's true, that means it should be more expensive. Not 'should' in any moral sense, but simply because that's how the principle of supply and demand works.

Since world demand [for foreign aid] exceeds are ability to supply, we are going to have to concentrate our emergency assistance in areas where it will be most effective.

I have an eccentric view on commodities not necessarily shared by my colleagues - or by almost anybody. And that is, we're running out of everything.

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

Growth is limited by that necessity which is present in the least amount.

Strong growth means increased use of energy at a pace that can strain the capacity to supply what is needed at a reasonable price.

What we are beginning to witness is a whole new set of rules for economics, based on rationing resources.

The transfer of three shillings and sixpence a day to every labourer would not increase the quantity of meat in the country. There is not at present enough for all to have a decent share. What would then be the consequence?

The demand for electricity to have a strong, growing economy is too great to be simply offset by more conservation.

In order that one industry might grow or come into existence, a hundred other industries would have to shrink.