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Hayek on Marxism vs economic reality: “Marxists can never understand the functioning of the market. They believe it’s the costs which determine prices.” “The truth is exactly the opposite: it’s prices which tell people how much cost they ought to involve. It is prices by which the knowledge of... show more

F. A. Hayek Quotes

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101,501 次观看 • 2 个月前 •via X (Twitter)

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“Prices must be interpreted as signals of what people ought to do... [Marxism] blinds you to the essential function of prices in securing a coordination in the market.” — Friedrich Hayek

“Prices must be interpreted as signals of what people ought to do... [Marxism] blinds you to the essential function of prices in securing a coordination in the market.” — Friedrich Hayek

F. A. Hayek Quotes

32,999 次观看 • 6 个月前

Bend vs Whip A lot of people will see a bar bend and they might think it’s because it’s a cheap bar Lot of times it’s the opposite And it’s not bend, it’s whip which can be very advantageous to use Have you used one? And is it easier or harder?

Bend vs Whip A lot of people will see a bar bend and they might think it’s because it’s a cheap bar Lot of times it’s the opposite And it’s not bend, it’s whip which can be very advantageous to use Have you used one? And is it easier or harder?

Official Strength Debates

13,356 次观看 • 1 年前

Marc Andreessen: “I’m always urging founders to raise prices, raise prices, raise prices.” “We spend a lot of time working with our companies on pricing,” a16z co-founder Marc Andreessen explains. “It’s really this magical art and science that a lot of companies don’t take seriously enough.” Marc continues: “A core principle of pricing is that you don’t want to price by cost if you can avoid it. You want to price by value. Especially when you’re selling to businesses, you want to price as a percentage of the business value you’re creating.” He gives the example of building an AI that can do the job of a programmer, a lawyer, or a radiologist: “Can you price by value and get a percentage of what otherwise would’ve literally been a person? Or equivalently can you price by marginal productivity? If you can take a human doctor and make them much more productive because you give them AI, can you price as a percentage of the productivity uplift?” Marc argues that high prices are under-appreciated by founders: “The naive view on pricing is the lower the pricing, the better it is for the customer. The more sophisticated way of looking at it is that higher prices are often good for the customer because the higher price means the vendor can make the product better, faster. Companies with higher prices and higher margins can actually invest more in R&D and make the product better. Most people who buy things aren’t just looking for the cheapest price. They want something that’s going to work really well.” Marc also emphasizes this point in an interview in Elad Gil’s High Growth Handbook: “What I hear from companies is, ‘Oh, we have an awesome moat, and we’re still going to price our product cheap, because we think that’s somehow going to maximize our business.’ I’m always urging founders to raise prices, raise prices, raise prices. I’m always urging founders to raise prices, raise prices, raise prices. First of all, raising prices is a great way to flesh out whether you actually do have a moat. If you do have a moat, the customers will still buy, because they have to. The definition of a moat is the ability to charge more. And so number one, it’s just a good way to flesh out that topic and really expose it to sunlight. And then number two, companies that charge more can better fund both their distribution efforts and their ongoing R&D efforts. Charging more is a key lever to be able to grow. And the companies that charge more therefore tend to grow faster. That’s counterintuitive to a lot of engineers. A lot of engineers think there’s a one-dimensional relationship between price and value. They have this mental model of commerce like they’re selling rice or something. It’s like, “My product is magical and nobody can replicate it, and I need to price it like it’s a commodity.” No, you don’t. In fact, quite the opposite. If you price it high, then you can fund a much more expensive sales and marketing effort, which means you’re much more likely to win the market, which means you’re much more likely to be able afford to do all the R&D and acquisitions you’re going to want to do. And so we always try to snap people into a two-dimensional mindset, where higher prices equals faster growth.” Video source: a16z (2026)

Marc Andreessen: “I’m always urging founders to raise prices, raise prices, raise prices.” “We spend a lot of time working with our companies on pricing,” a16z co-founder Marc Andreessen explains. “It’s really this magical art and science that a lot of companies don’t take seriously enough.” Marc continues: “A core principle of pricing is that you don’t want to price by cost if you can avoid it. You want to price by value. Especially when you’re selling to businesses, you want to price as a percentage of the business value you’re creating.” He gives the example of building an AI that can do the job of a programmer, a lawyer, or a radiologist: “Can you price by value and get a percentage of what otherwise would’ve literally been a person? Or equivalently can you price by marginal productivity? If you can take a human doctor and make them much more productive because you give them AI, can you price as a percentage of the productivity uplift?” Marc argues that high prices are under-appreciated by founders: “The naive view on pricing is the lower the pricing, the better it is for the customer. The more sophisticated way of looking at it is that higher prices are often good for the customer because the higher price means the vendor can make the product better, faster. Companies with higher prices and higher margins can actually invest more in R&D and make the product better. Most people who buy things aren’t just looking for the cheapest price. They want something that’s going to work really well.” Marc also emphasizes this point in an interview in Elad Gil’s High Growth Handbook: “What I hear from companies is, ‘Oh, we have an awesome moat, and we’re still going to price our product cheap, because we think that’s somehow going to maximize our business.’ I’m always urging founders to raise prices, raise prices, raise prices. I’m always urging founders to raise prices, raise prices, raise prices. First of all, raising prices is a great way to flesh out whether you actually do have a moat. If you do have a moat, the customers will still buy, because they have to. The definition of a moat is the ability to charge more. And so number one, it’s just a good way to flesh out that topic and really expose it to sunlight. And then number two, companies that charge more can better fund both their distribution efforts and their ongoing R&D efforts. Charging more is a key lever to be able to grow. And the companies that charge more therefore tend to grow faster. That’s counterintuitive to a lot of engineers. A lot of engineers think there’s a one-dimensional relationship between price and value. They have this mental model of commerce like they’re selling rice or something. It’s like, “My product is magical and nobody can replicate it, and I need to price it like it’s a commodity.” No, you don’t. In fact, quite the opposite. If you price it high, then you can fund a much more expensive sales and marketing effort, which means you’re much more likely to win the market, which means you’re much more likely to be able afford to do all the R&D and acquisitions you’re going to want to do. And so we always try to snap people into a two-dimensional mindset, where higher prices equals faster growth.” Video source: a16z (2026)

Startup Archive

422,481 次观看 • 5 个月前

"This is a global economic problem on the back of a huge conflict in the Middle East, and none of us know which way that's going to go forward." Martin Lewis tells Victoria Derbyshire how people can protect themselves in the face of a spike in oil prices. #Newsnight

"This is a global economic problem on the back of a huge conflict in the Middle East, and none of us know which way that's going to go forward." Martin Lewis tells Victoria Derbyshire how people can protect themselves in the face of a spike in oil prices. #Newsnight

BBC Newsnight

13,518 次观看 • 3 个月前

The population of the state has increased by 382,000 people in the last 5 years. The government is increasing demand on housing, which is pushing up rents and prices and making it harder to get a home.

The population of the state has increased by 382,000 people in the last 5 years. The government is increasing demand on housing, which is pushing up rents and prices and making it harder to get a home.

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British man India Willoughby aggressively bullies group of British women to force them to acknowledge he is a woman, which he’s not. It is demonic spirits causing people to think they should be the opposite gender. It’s a lie from the pits of hell.

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British man India Willoughby aggressively bullies group of British women to force them to acknowledge he is a woman, which he’s not. It is demonic spirits causing people to think they should be the opposite gender. It’s a lie from the pits of hell.

Rikki Doolan

320,218 次观看 • 7 个月前

Friedrich Hayek on the illusion of “given data”: “Data are fictitiously assumed to be given to the explaining theorists.” “But the data are not really given to them or anyone else. Data are widely dispersed knowledge of millions of people, which can in no way be unified.”

Friedrich Hayek on the illusion of “given data”: “Data are fictitiously assumed to be given to the explaining theorists.” “But the data are not really given to them or anyone else. Data are widely dispersed knowledge of millions of people, which can in no way be unified.”

F. A. Hayek Quotes

11,464 次观看 • 1 年前

Friedberg: Two Reasons Why Drug Prices are So Expensive in America 📈 🫰 1) Government intervention in the market 🏢 "The way that we negotiate drug prices is pretty messed up." "As is the case with the cost of education and the cost of housing, the cost of drugs is largely inflated because of the federal government's role in being the primary buyer or capital provider to that market." "Through our purchases of prescription drugs, the federal government, as a buyer, doesn't have any incentive to keep prices low." " If every individual had to pay for their drugs, or private insurance was the only way to get your drugs, we would have a much more dynamic marketplace." 2) PBMs marking up prices 📈 "There's also this construct in the market, these PBMs or pharmacy benefit managers." "If they got cut out of the market, it would save a lot." "There's three major PBMs, CVS Caremark, Express Scripts, and Optum RX. They make money in markups." "The FTC has been investigating them and have several open cases." "Between 2017 and 2022, the estimate is that these companies generated $7.3B in excess profit by marking up prices on specialty generic drugs." "So as an intermediary, they provide this role where they can coordinate between the health insurer, the pharmacy which dispenses the drugs, and the drug manufacturers." Chamath: " But they're allowed to be owned by the payer, which is crazy." Friedberg: " And now they're allowed to be owned by the payer." "And there's a lot of obfuscation of the true cost of the drugs. There's a lot of markups, a lot of spread taking." "And so if you took the PBMs out of the market, that would solve one of the problems." " But at the end of the day, anytime the federal government is involved as a payer in any market-based system, it creates a distortion and the market is no longer free or efficient." david friedberg

Friedberg: Two Reasons Why Drug Prices are So Expensive in America 📈 🫰 1) Government intervention in the market 🏢 "The way that we negotiate drug prices is pretty messed up." "As is the case with the cost of education and the cost of housing, the cost of drugs is largely inflated because of the federal government's role in being the primary buyer or capital provider to that market." "Through our purchases of prescription drugs, the federal government, as a buyer, doesn't have any incentive to keep prices low." " If every individual had to pay for their drugs, or private insurance was the only way to get your drugs, we would have a much more dynamic marketplace." 2) PBMs marking up prices 📈 "There's also this construct in the market, these PBMs or pharmacy benefit managers." "If they got cut out of the market, it would save a lot." "There's three major PBMs, CVS Caremark, Express Scripts, and Optum RX. They make money in markups." "The FTC has been investigating them and have several open cases." "Between 2017 and 2022, the estimate is that these companies generated $7.3B in excess profit by marking up prices on specialty generic drugs." "So as an intermediary, they provide this role where they can coordinate between the health insurer, the pharmacy which dispenses the drugs, and the drug manufacturers." Chamath: " But they're allowed to be owned by the payer, which is crazy." Friedberg: " And now they're allowed to be owned by the payer." "And there's a lot of obfuscation of the true cost of the drugs. There's a lot of markups, a lot of spread taking." "And so if you took the PBMs out of the market, that would solve one of the problems." " But at the end of the day, anytime the federal government is involved as a payer in any market-based system, it creates a distortion and the market is no longer free or efficient." david friedberg

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The FED can not control inflation but they can create it. The cost of a mortgage is not affordable because of the Fed’s intervention on rates. Home prices have not come down, only activity dropped to 15 year lows while mortgage rates tripled. Supply & demand control prices. Let the market place dictate prices. The FED prints dollars to bail out corporations, third world countries and to fund wars but then punishes the American people and small businesses with high rates. End the FED.

The FED can not control inflation but they can create it. The cost of a mortgage is not affordable because of the Fed’s intervention on rates. Home prices have not come down, only activity dropped to 15 year lows while mortgage rates tripled. Supply & demand control prices. Let the market place dictate prices. The FED prints dollars to bail out corporations, third world countries and to fund wars but then punishes the American people and small businesses with high rates. End the FED.

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57,753 次观看 • 1 年前

.President Donald J. Trump on lowering the cost of farm equipment: "We’re going to take off a lot of the environmental restrictions that they have on machinery... we’re going to take a lot of that nonsense off of the equipment, which is going to reduce [prices]."

.President Donald J. Trump on lowering the cost of farm equipment: "We’re going to take off a lot of the environmental restrictions that they have on machinery... we’re going to take a lot of that nonsense off of the equipment, which is going to reduce [prices]."

Rapid Response 47

66,470 次观看 • 6 个月前

People make noise when petrol prices increase but when the prices of gutka and cigarettes increase, their sales remain the same. Some people expect everything to be available for free. But that is not how things work- A common man They understand things!

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They can criticize the movie which is based on reality but when the people start criticizing them they cry foul.

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119,672 次观看 • 1 个月前

Emma Dabiri, "Doesn't help to buy push prices up? There desperately needs to be more houses, that's absolutely key" #BBCQT Fiona Bruce, "House builders are saying they will need 150,000 trades people" ED, "Exactly, there is a massive Labour shortage.. Which we can blame on people not being able to come into the country as they easily could because of Brexit"

Emma Dabiri, "Doesn't help to buy push prices up? There desperately needs to be more houses, that's absolutely key" #BBCQT Fiona Bruce, "House builders are saying they will need 150,000 trades people" ED, "Exactly, there is a massive Labour shortage.. Which we can blame on people not being able to come into the country as they easily could because of Brexit"

Farrukh

282,662 次观看 • 1 年前

Avi Lewis: "We have a very clear plan to cut grocery prices by 30-40% for Canadians at a cost to the federal government ... We'd subsidize it. It costs $350m to launch and $300m a year, which is one-half of 1% of the current defence budget."

Avi Lewis: "We have a very clear plan to cut grocery prices by 30-40% for Canadians at a cost to the federal government ... We'd subsidize it. It costs $350m to launch and $300m a year, which is one-half of 1% of the current defence budget."

Scott Robertson

267,736 次观看 • 2 个月前

Testimony directly from the ordinary farmer. A Nigerian who says it as it is. From Singer Market. Another major food market. Prices are coming down as farmers return to farms due to improved security. Please hear it from MALLAM Adamu. President Tinubu is playing his part. "My name is Alhaji Adamu Abdullahi Albasu, the Kwankwasiyya PRO of Singa Market. I am here to inform the people of Kano and the entire nation about the current state of business. Alhamdulillah, despite the approaching Ramadan, the prices of essential goods—such as sugar, spaghetti, rice, flour, and others—are decreasing in the entire market. It is important to clarify that traders in Singa Market do not sell in small quantities; rather, it is the small retailers, bread industry owners, and corner shop owners who do. Unfortunately, many of these shop owners have refused to inform their customers about the price reductions. Instead, they maintain high prices and shift the blame to Singa Market traders. We want the public to know that, *wallahi*, prices are genuinely dropping. However, the bread industry continues to maintain its previous high prices despite the decrease in the cost of ingredients like flour.

Testimony directly from the ordinary farmer. A Nigerian who says it as it is. From Singer Market. Another major food market. Prices are coming down as farmers return to farms due to improved security. Please hear it from MALLAM Adamu. President Tinubu is playing his part. "My name is Alhaji Adamu Abdullahi Albasu, the Kwankwasiyya PRO of Singa Market. I am here to inform the people of Kano and the entire nation about the current state of business. Alhamdulillah, despite the approaching Ramadan, the prices of essential goods—such as sugar, spaghetti, rice, flour, and others—are decreasing in the entire market. It is important to clarify that traders in Singa Market do not sell in small quantities; rather, it is the small retailers, bread industry owners, and corner shop owners who do. Unfortunately, many of these shop owners have refused to inform their customers about the price reductions. Instead, they maintain high prices and shift the blame to Singa Market traders. We want the public to know that, wallahi, prices are genuinely dropping. However, the bread industry continues to maintain its previous high prices despite the decrease in the cost of ingredients like flour.

Sunday Dare,CON

10,249 次观看 • 1 年前

In recent days, Trump and his surrogates have: —Promised to repeal the CHIPS Act, which would cost thousands of American manufacturing jobs —Promised to raise taxes on imported goods by up to “one thousand percent,” which would skyrocket your prices —Promised to repeal the Affordable Care Act, which would rip away health care from millions of Americans —Promised that Trump’s economic plans will cause “hardship” for the middle class, saying it’s “necessary”

In recent days, Trump and his surrogates have: —Promised to repeal the CHIPS Act, which would cost thousands of American manufacturing jobs —Promised to raise taxes on imported goods by up to “one thousand percent,” which would skyrocket your prices —Promised to repeal the Affordable Care Act, which would rip away health care from millions of Americans —Promised that Trump’s economic plans will cause “hardship” for the middle class, saying it’s “necessary”

Headquarters

799,848 次观看 • 1 年前

This can surely make it simple for people to understand the actual position as opposed to what is being said by perpetual nay sayers. Yes the project was delayed & caused a lot of inconvenience to the people for which I have sincerely apologised but it’s time we move on and be happy that the underpass is open for traffic #KarachiWorks #HamaraShehar

This can surely make it simple for people to understand the actual position as opposed to what is being said by perpetual nay sayers. Yes the project was delayed & caused a lot of inconvenience to the people for which I have sincerely apologised but it’s time we move on and be happy that the underpass is open for traffic #KarachiWorks #HamaraShehar

Murtaza Wahab Siddiqui

22,495 次观看 • 1 个月前