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Quote by H D Howard

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H D Howard

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“I was waiting at table tonight, on account of it being such a big party, and just as I was coming round with the savoury, one of the ladies went and broke her necklace by fidgeting with it at the ta ble. She thought she picked 'em all up but this one rolled under my foot and I stood on it tight until all the ladies went upstairs. I wanted to give it to you. You're a black pearl, Bertha, that's what you are and it's only right that you should have it.”

“Markets are free when human beings have equal opportunities to influence the production and trade of desirable goods and services... Some people attain market control and set market prices due to favourable natural, social or political conditions: They attain a monopoly. The problem with monopolies is that they enable those who have attained them to extract money from society without providing goods or services of corresponding value. Apart from abolute monopolies, monopolies can also occur when the market is simply closed to new participants because overall supply can't be increased; these are known as entry monopolies.”