Relative Prices

Famous quotes containing the words relative and/or prices:

    “Excellence or virtue is a settled disposition of the mind that determines our choice of actions and emotions and consists essentially in observing the mean relative to us ... a mean between two vices, that which depends on excess and that which depends on defect.”
    —Aristotle (384–323 B.C.)

    “To expect to increase prices and then to maintain them at a higher level by means of a plan which must of necessity increase production while decreasing consumption is to fly in the face of an economic law as well established as any law of nature.”
    —Calvin Coolidge (1872–1933)