Frank Knight

Goods move in response to price differences from points of low to points of higher price, the movement tending to obliterate the price difference and come to rest.
Goods move in response to price differences from points of low to points of higher price, the movement tending to obliterate the price difference and come to rest.
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These are some quotes by American author Frank Knight Economist, who lived between November 7, 1885 and April 15, 1972.