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“What is a price? It is a proposed point of agreement between a buyer and seller. The proposal is the key. It is not a marching order. Past prices represent deals done in history. Current prices represent possible deals in the future. Prices embed vast information about perceived realities: resource availability, consumer demand, cultural biases and habits, speculations about the future. The price is also an amazing tool. It provides an objective basis for accounting and the assessment of profit and loss. Without prices, real prices rooted in real market experience, we’d been lost.”
Jeffrey Tucker“You do not pay the price of success, you enjoy the price of success.”
Zig Ziglar“The price of your salvation was too high and so is the price of your calling”
Sunday Adelaja“We say that flowers return every spring, but that is a lie. It is true that the world is renewed. It is also true that that renewal comes at a price, for even if the flower grows from an ancient vine, the flowers of spring are themselves new to the world, untried and untested. The flower that wilted last year is gone. Petals once fallen are fallen forever. Flowers do not return in the spring, rather they are replaced. It is in this difference between returned and replaced that the price of renewal is paid. And as it is for spring flowers, so it is for us.”
Daniel Abraham, The Price of Spring“When the Starbursts cost a cent apiece, the average number of candies per customer was 3.5, but when the price went down to zero, the average went down to 1.1 per customer. The students limited themselves to a large degree when the candy was free. In fact, almost all the students applied a very simple social-norm rule in this situation—they politely took one and only one Starburst. ... What these results mean is that when price is not a part of the exchange, we become less selfish maximizers and start caring more about the welfare of others. We saw this demonstrated by the fact that when the price decreased to zero, customers restrained themselves and took far fewer units.”
Dan Ariely, Predictably Irrational: The Hidden Forces That Shape Our Decisions“Recent evidence confirms that retail prices of essential consumer goods in poor countries are not appreciably lower than in the United States or Western Europe. In fact, with deregulation and "free trade", the cost of living in many Third World cities is now higher than in the United States. My experience in Latin America and Haiti is that the prices of meat, fish and fresh vegetables are about the same as in the United States. Can you imagine eating on less than one dollar a day?”
Vincent A. Gallagher, The True Cost of Low Prices: The Violence of Globalization“The price of ignorance is way more than the price we would have paid to acquire knowledge.”
Sunday Adelaja, The Mountain of Ignorance“The thought that is billed at the price of fear and flattery is as inconsolable as that which is paid for at the price of gold. - On Fear and Thought.”
Lamine Pearlheart, The Sunrise Scrolls: To Life from the Shadows II“Everyone has a price”, as they say. So let the price on your tag say “PRICELESS” “INVALUABLE” “IRREPLACEABLE”.”
Omoakhuana Anthonia