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Frank Knight Quotes: Goods move in response to price differences from points of low to points of higher price, the movement tending to obliterate the price difference and come to rest.
         

Goods move in response to price differences from points of low to points of higher price, the movement tending to obliterate the price difference and come to rest.


Frank Knight
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Other quotes of Frank Knight


In the long run all producers are forced to use the most efficient methods or give place to others who do.

In the long run all producers are forced to use the most efficient methods or give place to others who do.



Market competition is the only form of organization which can afford a large measure of freedom to the individual.

Market competition is the only form of organization which can afford a large measure of freedom to the individual.



Knowledge is more a matter of learning than of the exercise of absolute judgment. Learning requires time, and in time the situation dealt with, as well as the learner, undergoes change.

Knowledge is more a matter of learning than of the exercise of absolute judgment. Learning requires time, and in time the situation dealt with, as well as the learner, undergoes change.



Sociology isthescience of talk, and there is onlyone law in sociology. Bad talk drives out good.

Sociology isthescience of talk, and there is onlyone law in sociology. Bad talk drives out good.



Costs merely register competing attractions.

Costs merely register competing attractions.



There is no sense in making statements that will not continue to be true after they are made.

There is no sense in making statements that will not continue to be true after they are made.



The truth seems . . . to be that in the ultimate and essential problem the economic factor is relatively superficial and unimportant.

The truth seems . . . to be that in the ultimate and essential problem the economic factor is relatively superficial and unimportant.



All science is static in the sense that it describes the unchanging aspects of things.

All science is static in the sense that it describes the unchanging aspects of things.



We have to adapt and overcome, that's all we can do.

We have to adapt and overcome, that's all we can do.



It is true practically if not altogether without exception that the changes studied by any science tend to equilibrate or neutralize the forces which bring them about, and finally to come to rest.

It is true practically if not altogether without exception that the changes studied by any science tend to equilibrate or neutralize the forces which bring them about, and finally to come to rest.





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For men, women are their ‘counter weights’ and when that is not enough, their daughters are their ‘counter weights.’ One can’t do without a counter weight. Otherwise, he will fall over.

For men, women are their ‘counter weights’ and when that is not enough, their daughters are their ‘counter weights.’ One can’t do without a counter weight. Otherwise, he will fall over.



Business leaders cultivate vision to unify teams

Business leaders cultivate vision to unify teams



Some of us are born in the right place, and some of us have to go look for it.

Some of us are born in the right place, and some of us have to go look for it.



Man is never watchful enough against dangers that threaten him every hour. [Lat., Quid quisque vitet nunquam homini satis Cautum est in horas.]

Man is never watchful enough against dangers that threaten him every hour. [Lat., Quid quisque vitet nunquam homini satis Cautum est in horas.]



Having no unusual coincidence is far more unusual than any coincidence could possibly be.

Having no unusual coincidence is far more unusual than any coincidence could possibly be.



I remember the review from Michael Wilmington in Chicago, and Gene Siskel wrote really smart reviews where I thought, "Oh, they totally get what we're attempting to do."

I remember the review from Michael Wilmington in Chicago, and Gene Siskel wrote really smart reviews where I thought, "Oh, they totally get what we're attempting to do."



With photography, I like to create a fiction out of reality. I try and do this by taking society's natural prejudice and giving this a twist.

With photography, I like to create a fiction out of reality. I try and do this by taking society's natural prejudice and giving this a twist.



That’s the trouble with being scared all the time. Eventually, people just go numb.

That’s the trouble with being scared all the time. Eventually, people just go numb.



If I can write one sentence, simple and true every day, I'll be satisfied.

If I can write one sentence, simple and true every day, I'll be satisfied.



We have forgotten that those skills on the more positive side of human nature have to be taught, have to be modeled, have to be practiced.

We have forgotten that those skills on the more positive side of human nature have to be taught, have to be modeled, have to be practiced.




Quote Description


This page presents the quote "Goods move in response to price differences from points of low to points of higher price, the movement tending to obliterate the price difference and come to rest.". Author of this quote is Frank Knight. This quote is about goods, movement, response, philosophy, differences, higher, moving,.