Quote

Prices have stayed up because people in control of supply decided they could keep them up.

I think that a lot of companies are still amazingly price sensitive.

The price of gold was fixed at $35 an ounce in 1934, but by the time the U.S. got through the Korean War, the Vietnam war, with all the associated secular inflation, the price level had gone up nearly three times.

Even before I came to Chicago, I had gotten interested in the existence of dispersion of prices under conditions which economic theory said would yield a single price.

The history of the twentieth century - America's century! - has been pretty much a history of rising prices.

Businesses are going to innovate in how they bring prices down so people can shop the way they want.

In the 1950s, as food rationing ended, I remember a plentiful supply of sweets for the first time.

I'm lucky that I was in retailing during the time that I call the golden age of retailing.

I started buying on the Internet quite rapidly, as early as 1995.

I used to be obsessed with game shows. When the Game Show Network became popular in the late '90s, I was all about reruns of 'The Price Is Right.' I knew all the prices from the '70s.