A Quote by Josh Billings

As scarce as truth is, the supply has always been in excess of the demand.

Josh Billings

Quote Topics

Truth Always Been Demand Excess Scarce Supply Truth Is

Quote Author

Josh Billings
American - Comedian
April 21, 1818 - October 14, 1885

People are always trading their excess for somebody else's excess. One country has a lot of aluminum so they trade aluminum for sugar. It's the law of supply and demand.

Carl Andre

The opinions that the price of commodities depends solely on the proportion of supply and demand, or demand to supply, has become almost an axiom in political economy, and has been the source of much error in that science.

David Ricardo

Unlike China's growth story, which has been built on the strategy of creating excess supply, the Indian growth story has been built on the strategy of responding to incentives generated by excess demand. Which is why a certain degree of inflation is built into the Indian growth process.

Sanjaya Baru

You want supply to always be full, and you use price to basically either bring more supply on or get more supply off, or get more demand in the system or get some demand out.

Travis Kalanick

The supply of good fellows is by no means in excess of the demand. A man has only to hoist the flag of hospitality to insure a very considerable amount of custom.

Robert Smith Surtees

If our political leaders are to be always a lot of political merchants, they will supply any demand we may create. All we have to do is to establish a steady demand for good government.

Lincoln Steffens

Mass production is only profitable if its rhythm can be maintained.. that is, if it can continue to sell its product in steady or increasing quantity. The result is that while, under the handicraft or small-unit system of production that was typical a century ago, demand created the supply, today supply must actively seek to create its corresponding demand.

Edward Bernays

We are headed toward 'perfect capitalism,' when the laws of supply and demand become exact, because everyone knows everything about a product, service or customer. We will know precisely where the supply curve meets the demand curve, which will make the marketplace vastly more efficient.

Michio Kaku

By design, Bitcoin is a scarce resource with a predictable supply of new issuance. And it is this scarcity and predictable supply that make it so attractive as an underlying asset to bind to economic activity and trade.

Jeremy Allaire

Big Water makes an argument straight out of Economics 101. The best way to deliver water to people's homes efficiently, the water barons argue, is to put the process in the hands of the market. If water is scarce, then raise the price - let the law of supply and demand take over!

Charles C. Mann

Assume that a surgeon has discovered how to do brain surgery, that he can do only one a month, that 1,000 persons a year need such an operation if they are to survive. How is the surgeon's scarce resource to be allocated? Charge whatever price is necessary to adjust supply and demand, say $50,000! 'For shame,' some will cry. 'Your market system will save only wealthy people.' For the moment, yes. But soon there will be hundreds of surgeons who will acquire the same skill; and, as in the case of the once scarce and expensive 'miracle drugs,' the price then will be within reach of all.

Leonard Read

Supply always comes on the heels of demand.

Robert Collier

We demand that sex speak the truth and we demand that it tell us our truth, or rather, the deeply buried truth of that truth about ourselves wich we think we possess in our immediate consciousness.

Michel Foucault

Ever since September 11, I've been quite conservative in what we've ordered. We've never really been supply-demand anyway.

James Jebbia

You can't demand truth and reconciliation. You have to demand truth - people have to hear it, and then they have to want to reconcile themselves to that truth.