"There is a price which is too great to pay for peace, and that price can be put in one word. One cannot pay the price…"

"We need to recognise that the entire information sector—from music to newspapers to telecoms to internet to sem…"

"Prices coordinate the decisions of producers and consumers in a market. Higher prices tend to reduce consumer purchas…"

"Prices play a crucial role in determining how much of each resource gets used where and how the resulting products ge…"

"Nothing makes us understand the many roles of electricity in our lives like a power failure. Similarly, nothing shows…"

"Because economic resources are not only scarce but have alternative uses, the efficient use of these resources requir…"

"In the extreme case where the security is held by the same family for generations, a practice by no means uncommon, t…"

"The logic is simple: If you are going to be a net buyer of stocks in the future, either directly with your own money …"

"This is precisely what the price system does under competition, and which no other system even promises to accomplish…"

"There are many anticipators of marginal analysis. Three major names were Augustin Cournot (1801-1877), J. H. von Thün…"