A Quote by Henry Clay
By competition the total amount of supply is increased, and by increase of the supply a competition in the sale ensues, and this enables the consumer to buy at lower rates. Of all human powers operating on the affairs of mankind, none is greater than that of competition.
Related Quotes
Of all human powers operating on the affairs of mankind, none is greater than that of competition.
People always say there is competition in nature, but I think that because we are human, it's not only competition. Because we are human we have something other than competition - sharing, helping others, or being oneself. Competition is really kind of ugly.
I believe the auto industry is a competition of human resources, competition of funding, competition of technology - and the competition is international.
The great danger to the consumer is the monopoly -whether private or governmental. His most effective protection is free competition at home and free trade throughout the world. The consumer is protected from being exploited by one seller by the existence of another seller from whom he can buy and who is eager to sell to him. Alternative sources of supply protect the consumer far more effectively than all the Ralph Naders of the world.
I think that competition will exist even if we discover more oil. We're never going to know how much we have, or how long will it last. You are always going to want to have diversity of supply. I think the Middle East will remain a region of competition, of global competition, fighting for a long time.
'Perfect competition' is considered both the ideal and the default state in Economics 101. So-called perfectly competitive markets achieve equilibrium when producer supply meets consumer demand.
Only in situations where competition is illegal will competition not act naturally to bring the best product at the lowest price to the consumer.
The truth is that economic competition is the very opposite of competition in the animal kingdom. It is not a competition in the grabbing off of scarce nature-given supplies, as it is in the animal kingdom. Rather, it is a competition in the positive creation of new and additional wealth.
Well, nine times out of ten when you have 2 or 3 stars in a household you have an unfortunate amount of competition that's not necessarily a healthy competition.
I think we're our biggest competition. I think the racetrack's the biggest competition. If we go and race the racetrack and try to go around the racetrack faster than our competition, then that's the goal. I look at it as a competition between us and the racetrack because it's all about lap time.
In this day and time, with no competition you are really walking a tightrope. I mean you may think that no competition is good, but in reality no competition is really bad.
Best way to succeed is to do things for the customer, not to the competition. Very few people buy a product in order to help you hurt the competition. To think otherwise is lunacy.
I didn't know about competition or the Olympics until Peggy Fleming won in 1968. My mother looked after all of the competition stuff. I just skated. I didn't really love competition, but that was the only way to get better. You'd see more talent.
Competition, of course there's always competition, and I like competition.
It's classic the way liberalism works. If anybody has an advantage over anybody for any reason, it's not permitted. It's not fair. And it's got to be regulated and equalized. And in the process, competition's destroyed and when competition goes, so do consumer advantages.
Americans mythologize competition and credit it with saving us from socialist bread lines. Actually, capitalism and competition are opposites. Capitalism is premised on the accumulation of capital, but under perfect competition, all profits get competed away.
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