Quote by: Frank Knight

Goods move in response to price differences from points of low to points of higher price, the movement tending to obliterate the price difference and come to rest.


Share this:  

Author Bio


  • NameFrank Knight
  • DescriptionUS-American economist
  • BornNovember 7, 1885
  • DiedApril 15, 1972
  • CountryUnited States Of America
  • ProfessionEconomist
  • AwardsGuggenheim Fellowship