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:
“Montesquieu well knew, and justly admired, the happy constitution of this country [Great Britain], where fixed and known laws equally restrain monarchy from tyranny and liberty from licentiousness.”
—Philip Dormer Stanhope, 4th Earl Chesterfield (16941773)
“Nowadays people know the price of everything and the value of nothing.”
—Oscar Wilde (18541900)
“When we our betters see bearing our woes,
We scarcely think our miseries our foes.
Who alone suffers, suffers most i the mind,
Leaving free things and happy shows behind.
But then the mind much sufferance doth oer skip,
When grief hath mates, and bearing fellowship.”
—William Shakespeare (15641616)
“Before anything else, we need a new age of Enlightenment. Our present political systems must relinquish their claims on truth, justice and freedom and have to replace them with the search for truth, justice, freedom and reason.”
—Friedrich Dürrenmatt (19211990)