Price System - Fixed Price Versus Free Price Systems

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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Famous quotes containing the words fixed, price, free and/or systems:

    “Indeed, I thought, slipping the silver into my purse ... what a change of temper a fixed income will bring about. No force in the world can take from me my five hundred pounds. Food, house and clothing are mine for ever. Therefore not merely do effort and labour cease, but also hatred and bitterness. I need not hate any man; he cannot hurt me. I need not flatter any man; he has nothing to give me.”
    —Virginia Woolf (1882–1941)

    “To me a book is a message from the gods to mankind; or, if not, should never be published at all.... A message from the gods should be delivered at once. It is damnably blasphemous to talk about the autumn season and so on. How dare the author or publisher demand a price for doing his duty, the highest and most honourable to which a man can be called?”
    —Aleister Crowley (1875–1947)

    “It is only when we speak what is right that we stand a chance at night of being blown to bits in our homes. Can we call this a free country, when I am afraid to go to sleep in my own home in Mississippi?... I might not live two hours after I get back home, but I want to be a part of setting the Negro free in Mississippi.”
    —Fannie Lou Hamer (1917–1977)

    “What is most original in a man’s nature is often that which is most desperate. Thus new systems are forced on the world by men who simply cannot bear the pain of living with what is. Creators care nothing for their systems except that they be unique. If Hitler had been born in Nazi Germany he wouldn’t have been content to enjoy the atmosphere.”
    —Leonard Cohen (b. 1934)