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L. Neil Smith Quotes About Fairs

We have collected for you the TOP of L. Neil Smith's best quotes about Fairs! Here are collected all the quotes about Fairs starting from the birthday of the Author – May 12, 1946! We hope you will be inspired to new achievements with our constantly updated collection of quotes. At the moment, this page contains 1 sayings of L. Neil Smith about Fairs. We will be happy if you share our collection of quotes with your friends on social networks!

  • 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.

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    L. Neil Smith
    Giving Up   Government   Law  
    "Ceres". Book by L. Neil Smith, 2009.
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L. Neil Smith

  • Born: May 12, 1946
  • Occupation: Author
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