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Objects Quotes

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“Economists tell us that the 'price' of an object and its 'value' have very little or nothing to do with one another. 'Value' is entirely subjective economic value, anyway while 'price' reflects whatever a buyer is willing to give up to get the object in question, and whatever the seller is willing to accept to give it up. Both are governed by the Law of Marginal Utility, which is actually a law of psychology, rather than economics. For government to attempt to dictate a 'fair price' betrays complete misunderstanding of the entire process.”

“Prejudice ... is a subjective emotion which expresses itself upon others only because of an inner necessity for release. The object is irrelevant and opportune. The person who feels prejudice is the victim of himself and his own unhappiness and dissatisfaction. Life is not what he wants it to be and it has not been what he wishes it had been.”