Selections from the Speeches and Writings of Edmund Burke

CONSUMPTION AND PRODUCE.

The balance between consumption and production makes price. The market settles, and alone can settle, that price. Market is the meeting and conference of the CONSUMER and PRODUCER, when they mutually discover each other's wants. Nobody, I believe, has observed with any reflection what market is, without being astonished at the truth, the correctness, the celerity, the general equity, with which the balance of wants is settled. They, who wish the destruction of that balance, and would fain by arbitrary regulation decree, that defective production should not be production itself.