Fixed Price Versus Free Price Systems
A price system may be either a fixed price system where prices are set by the government or it may be a free price system where prices are left to float freely as determined by unregulated supply and demand. Or it may be a combination of both with a mixed price system.
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—Samuel Butler (18351902)
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—Philip Dormer Stanhope, 4th Earl Chesterfield (16941773)
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—Abraham Lincoln (18091865)
“The only people who treasure systems are those whom the whole truth evades, who want to catch it by the tail. A system is just like truths tail, but the truth is like a lizard. It will leave the tail in your hand and escape; it knows that it will soon grow another tail.”
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