Auctioneer Quotes
It always seems to me that one of the saddest things about the death of a literary man is the fact that the breaking-up of his collection of books almost invariably follows; the building up of a good library, the work of a lifetime, has been so much labour lost, so far as future generations are concerned. Talent, yes, and genius too, are displayed not only in writing books but also in buying them, and it is a pity that the ruthless hammer of the auctioneer should render so much energy and skill fruitless.
Stuart Dodgson Collingwood
A market is a group of buyers and sellers of a particular good or service. The buyers as a group determine the demand for the product, and the sellers as a group determine the supply of the product. Markets take many forms. Some markets are highly organized, such as the markets for many agricultural commodities. In these markets, buyers and sellers meet at a specific time and place, where an auctioneer helps set prices and arrange sales. More often, markets are less organized.
Greg Mankiw
