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Quotes from Economics for the Citizen — Walter E. Williams

1936–2020 United States

← All quotes by Walter E. Williams

2 quotes

Erring on the side of over-caution is costly, and so is erring on the side of under-caution, though for a given choice, one might be costlier than the other.

Economics for the Citizen (2005)

The point is that whatever price a transaction is transacted at represents a meeting of the mind of both buyer and seller. Both viewed themselves as being better off than the next alternative -- not making the transaction.

Economics for the Citizen (1978)

Attribution

Quotes and notes from Wikiquote: Walter E. Williams (page history), available under CC BY-SA 4.0.