Careful to get a bargain. Careful to get quality.

Careless about bargains. Careless about quality. Just don't care. Looking for a political advantage.

Care about quality. Do not care about getting a bargain

Don't care about about quality. Care only about a bargain.

A college student who graduated with a degree in sociology is likely to see

Entrepreneurs and people with work experience from their teenage years onward, and who did not go to college are likely to understand

According to Karl Marx the last stage before the Communist paradise was:

According to Karl Marx this factor of production is both totally unnecessary and exploits the workers. (naturally, he was wrong)

When we have socialism people will wake up and feel the need to help with garbage collection and they'll do that, then they'll feel the need to write poetry and they'll do that.

If there is no private property and no free market there is no way to put an informative price on anything. There is no way for consumers and producers to work out a good way to ration scarce resources - via social appraisal.

Soviet Gosplan demands tons of nails (this has nothing to do with the nails that are actually needed)

The Soviet Gosplan demand large numbers of nails (this has nothing to do with the nails that are actually needed)

Gorbachev asked Thatcher "How do you make certain that the people are fed?" Margaret Thatcher responded ---

Command and control economies do not work because:

--- is freer and wealthier than ---.

The engagement of all minds that creates social appraisal and market price that creates a rationing most of us can agree with.

Starvation, human caused shortages, death and extreme poverty

This person will be able and willing to complain about capitalism without understanding the productive capacities of capitalism.

Trade is made of ---

Free market capitalism ---

As price goes up demand goes ---

As the price of a good or resource goes up suppliers are willing to provide ---

In a free market with free banking, during a recession it is best to

There is a man who wants to ask a woman he's met for a date. He discovers that she likes film noir, Moroccan food, and moonlite walks.

These two items are scarce and can be bought in the market.

Spontaneous orders --3--

Rent control causes --- and the minimum wage causes ---

It is important to pay people enough so that they will continue to do important, difficult work that requires intelligence and conscientiousness.

Revolutionized transportation lowering the cost to 1/7 of ferry travel, ocean going travel and railroad travel. Refused to take government subsidies because he saw that as corruption.

Lowered the cost of kerosine to 1/10 the previous price. Created 100 products from oil, invented the oil pipeline, the oil tanker car (railroad) and oil refineries. He probably save the whales.

Created consistently perfect quality steel at 1/10 the price. Made skyscrapers and safe railroads possible. Lower the cost of consistently high quality steel for 1/10 the price.

Did not invent the automobile. He invented the affordable automobile.

Bernie Sanders says that healthcare is a right. On the surface this is correct - everyone has the right to seek healthcare. But we all know that sanders means that you have the power to force someone else to pay for the healthcare you want. This is the fallacy of ---

trade ---

Properly understood, capitalism (free trade) is a ---

This type of middleman brings buyers and sellers together. Ebay, a cattle buyer agent.

This type of middleman confirms or denies the quality, safety, and other characteristics of a good or service. Yelp and Underwriter's Laboratory.

This person stand between the buyer and seller of a service or good and will make certain that the quality is what they expect for their clients. Waiters and the event planner, wedding planner

This type of middleman assumes the risk of enterprises or property that the owner needs protection from loss. ALL type of insurance. Publisher and insurance companies.

This type of middleman has specialized knowledge which allows him to arrange things for you personally. Certain type of travel agents, customizer of various service.

Since the internet --- people as a percentage of the workforce are working as middlemen

This type of middleman negotiates between two parties that might not be able to negotiate with each other. Lawyers, talent agents, mediators, and in many ways deal maker generally

Prices are not --- that set value, they are --- that respond to value.

There are two ways to distribute good and service the --- with uses violence, or the threat of violence or the --- which is a system of peaceful voluntary exchanges.

Capitalism will collapse because the rich get richer and the poor workers get poorer. Eventually, the workers rise up and kill the business owners. Theory was totally wrong in every detail

Capitalism fall because of its success. Free market capitalism make the world ever more wealthy. One of the things people can buy in larger number is a college education. Many college educated people are not suitable for certain type of work anymore while not being valuable in the economy in any other way. these college educated people don't understand the prosperity that allowed them to go to college and they are bitter that they are not wealthy themselves. Their oppose capitalism and their opposition kills capitalism.

These are the element of creative destruction ---3--

Entrepreneurs dis-equilibrate the market when the --- and the equilibrate the market when ---.

The value of the factors of production are valued by --- from the good or service it produces and provides AND sells.