In my considered opinion, salary is payment for goods delivered and it must conform to the law of supply and demand. If, therefore, the fixed salary is a violation of this law - as, for instance, when I see two engineers leaving college together and both equally well trained and efficient, and one getting forty thousand while the other only earns two thousand , or when lawyers and hussars, possessing no special qualifications, are appointed directors of banks with huge salaries - I can only conclude that their salaries are not fixed according to the law of supply and demand but simply by personal influence. And this is an abuse important in itself and having a deleterious effect on government service.
Leo TolstoyTags: economics government tolstoy anna-karenina salaries supply-and-demand
Food is a product of supply and demand, so try to figure out where the supplies are fresh, the suppliers are creative, and the demanders are informed.
Tyler CowenTags: food economics supply-and-demand
Winter arrived with December, and the world continued to suffer the loss of the Internet and most forms of communication. Supply chains were disrupted. The only mass form of personal communication was the letter, and postal workers were having their worst year ever, as they were actually meeded. Food was becoming scarcer and more expensive, as was fuel for vehicles and heating. Major cities experienced riots on a regular basis, spurred on by religious fervor and want. Civilization was on the brink of collapse.
Mark A. RaynerTags: world loss civilization communication religion letters suffering suffer winter internet letter heat december collapse supply-chain postal disruptive riots fuel supply riot supply-and-demand disruption arrive arrived autos dec disrupt heating postal-service postal-workers vehicles
A philosopher philosophizes what people need to hear. A motivational speaker speaks what people want to hear.
Mokokoma MokhonoanaTags: philosophy philosopher motivation speaker supply-and-demand
An artist that makes art merely to meet a demand is a slave to what his patrons wants to see, or, hear.
Mokokoma MokhonoanaTags: art economics artists slavery patrons supply-and-demand
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