We're more familiar with what economists call an English auction - prices start low and rise as people bid. However, there is also the Dutch auction, where prices start high and go lower until somebody bites. Movies are sold to the audience via a very slow Dutch auction, where each phase between price drops can last weeks or months.
One day, ' was the dark reply, 'I will find the Ripper, and you will prove it with your life.' 'I hope that is not a threat against my person, sir, verily I do.' The auctioneer was all of a quiver. 'I shall not endure that sort of talk in my wife's very own auction house, sir. Judith would never have allowed such wanton verbal abuse, sir.' 'Where's you wife's spirit?' a medium shouted. 'Shall we auction her off, too?' Didion purpled like a bruise. You knew things were getting serious when Didion Waite ran out of sirs.
People were doing business with one another through the Internet already, through bulletin boards. But on the Web, we could make it interactive, we could create an auction, we could create a real marketplace. And that's really what triggered my imagination, if you will, and that's what I did.
Let's say you need a perfectly obedient servant who never gets tired, never needs to be paid, and is virtually indestructible. If you're in a galaxy a long time ago and far, far away, you'll just fly off to the local droid auction and pick up one of those shiny gold models with lovely manners.
My first car, I got it in an auction at my temple. It was an '86 Volvo that I got for 500 bucks, and then wound up throwing $10,000 into the stereo system and put TVs in the foot rests. It was the most ridiculous Volvo you'd ever seen, but I had never had money before and I was out of my mind.
By nature, an auction is kind of a wholesale beast anyway. You're buying second hand goods, even with the historical, antique or aesthetic value. You look to get the wholesale price and you hope for retail spikes periodically when you get two or three people in the audience that want the same thing.
Well the open-outcry auction is just made to turn the brain into mush: you've got social proof, the other guy is bidding, you get reciprocation tendency, you get deprival super-reaction syndrome, the thing is going away... I mean it just absolutely is designed to manipulate people into idiotic behavior.
Scott has to be one of the most talented artists I've ever seen. He really captures his subjects in a unique way. He is extremely generous as well. How many artists are willing to donate some of their best works to charity? The Texas Sports Hall of Fame has benefited greatly from Medlock's donated paintings, which are the cornerstones of our auction!
If you didn't auction the [CO2] permits, it would represent the largest corporate welfare program that has ever been enacted in the history of the United States. All of the evidence is that what would occur is that corporate profits would increase by approximately the value of the permits.
Peter R. Orszag
On the farm, I had chores. I had a calf. We had a herd of cattle in the pasture. We'd go and get me a calf at a cow auction with Amish people, which I would raise. I gave it a bottle every day, in this cute little coop, like a giant dog coop almost. I've always been a big animal person.
Some prescient American collectors, including Vicki and Kent Logan and Mera and Donald Rubell, began collecting Chinese art before 2000 with a genuine passion, but as the auction prices exploded everyone was beating a path to the galleries and artist studios in China. It became the 'China thing.'
The book of the moment often has immense vogue, while the book of the age, which comes in its company from the press, lies unnoticed; but the great book has its revenge. It lives to see its contemporary pushed up shelf by shelf until it finds its final resting-place in the garret or the auction room.
Hamilton Wright Mabie
Here's a secret intel bulletin for all y'all who've never left Yoknapatawpha County and imagine the United States is constantly on the precipice of enemy invasion""the only way this country is ever going to surrender its liberty to a foreign power is if it keeps electing corrupt officials who auction it away to multinational corporations and overseas government interests in exactly the fashion that southern star chambers have been doing to their own people throughout their entire dyspeptic history.
I love that name. A country named Chad. Sounds like somebody who lived next door to the Brady Bunch. But if Chad actually lived next door to the Bradys, Greg would be roasting over a slow fire and Marcia would be standing naked on an auction block, because Chad is one of the hungriest, craziest, most desperate places on the planet.
What I do know is, in little more than 30 years, we have gone from a nation where the "quiet enjoyment" of one's private property was a sacred right, to a day when the so-called property "owner" faces a hovering hoard of taxmen and regulators threatening to lien, foreclose, and "go to auction" at the first sign of private defiance of their collective will ... a relationship between government and private property rights which my dictionary defines as "fascism."
A saboteur in the house of art and a comedienne in the house of art theory, Lawler has spent three decades documenting the secret life of art. Functioning as a kind of one-woman CSI unit, she has photographed pictures and objects in collectors' homes, in galleries, on the walls of auction houses, and off the walls, in museum storage.
The government consists of a gang of men exactly like you and me. They have, taking one with another, no special talent for the business of government; they have only a talent for getting and holding office. Their principal device to that end is to search out groups who pant and pine for something they can't get and to promise to give it to them. Nine times out of ten that promise is worth nothing. The tenth time is made good by looting A to satisfy B. In other words, government is a broker in pillage, and every election is sort of an advance auction sale of stolen goods.
H. L. Mencken
The right-of-centre parties still often compete with left-of-centre ones to proclaim their attachment to all the main programmes of spending, particularly spending on social services of one kind or another. But this foolish as well as muddled. It is foolish because left-of-centre parties will always be able to outbid right-of-centre ones in this auction - after all, that is why they are on the left in the first place. The muddle arises because once we concede that public spending and taxation are than a necessary evil we have lost sight of the core values of freedom.
Every man that tried to destroy the Government, every man that shot at the holy flag in heaven, every man that starved our soldiers... every man that wanted to burn the negro, every one that wanted to scatter yellow fever in the North, every man that opposed human liberty, that regarded the auction-block as an altar and the howling of the bloodhound as the music of the Union, every man who wept over the corpse of slavery, that thought lashes on the naked back were a legal tender for labour performed, every one willing to rob a mother of her child - every solitary one was a Democrat.
Robert Green Ingersoll
The white American man makes the white American woman maybe not superfluous but just a little kind of decoration. Not really important to turning around the wheels of the state. Well the black American woman has never been able to feel that way. No black American man at any time in our history in the United States has been able to feel that he didn't need that black woman right against him, shoulder to shoulder-in that cotton field, on the auction block, in the ghetto, wherever.
But when the leaders choose to make themselves bidders at an auction of popularity, their talents, in the construction of the state, will be of no service. They will become flatterers instead of legislators; the instruments, not the guides, of the people. If any of them should happen to propose a scheme of liberty, soberly limited, and defined with proper qualifications, he will be immediately outbid by his competitors, who will produce something more splendidly popular. Suspicions will be raised of his fidelity to his cause. Moderation will be stigmatized as the virtue of cowards; and compromise as the prudence of traitors; until, in hopes of preserving the credit which may enable him to temper, and moderate, on some occasions, the popular leader is obliged to become active in propagating doctrines, and establishing powers, that will afterwards defeat any sober purpose at which he ultimately might have aimed.
It takes no more research than a trip to almost any public library or college to show the incredibly lopsided coverage of slavery in the United States or in the Western Hemisphere, as compared to the meager writings on even larger number of Africans enslaved in the Islamic countries of the Middle East and North Africa, not to mention the vast numbers of Europeans also enslaved in centuries past in the Islamic world and within Europe itself. At least a million Europeans were enslaved by North African pirates alone from 1500 to 1800, and some Europeans slaves were still being sold on the auction blocks in the Egypt, years after the Emancipation Proclamation freed blacks in the United States.
We live in a drug culture! Drugs are everywhere and touted as the panacea for every ailment in our society. We have drugs for hyper children, drugs for depression-some of the most insidious drugs ever-, drugs for allergies, drugs for acne, drugs for emphysema and drugs for erectile disfunction-maybe the most useful of them all. And let's not forget the side effects of these wonder drugs! It's cliche to even talk about drug advertisements and the laundry list of side effects tacked onto the end of them, usually rattled off at warp speed by someone on loan from the local auction house. I've seen ads for acne medicines that include side effects that are potentially fatal! Seriously? 'Hey! Buy our Acne-Magic Drug! You'll have crystal clear skin! In your coffin!' What the hell is wrong with us?
I have read of a gentleman who owned a so fine house in London, and when he went for months of summer to Switzerland and lock up his house, some burglar came and broke window at back and got in. Then he went and made open the shutters in front and walk out and in through the door, before the very eyes of the police. Then he have an auction in that house, and advertise it, and put up big notice; and when the day come he sell off by a great auctioneer all the goods of that other man who own them. Then he go to a builder, and he sell him that house, making an agreement that he pull it down and take all away within a certain time. And your police and other authority help him all they can. And when that owner come back from his holiday in Switzerland he find only an empty hole where his house had been. This was all done en re¨gle; and in our work we shall be en re¨gle too. We shall not go so early that the policemen who have then little to think of, shall deem it strange; but we shall go after ten o'clock, when there are many about, and such things would be done were we indeed owners of the house.
Every telecomm company is as big a corporate welfare bum as you could ask for. Try to imagine what it would cost at market rates to go around to every house in every town in every country and pay for the right to block traffic and dig up roads and erect poles and string wires and pierce every home with cabling. The regulatory fiat that allows these companies to get their networks up and running is worth hundreds of billions, if not trillions, of dollars. If phone companies want to operate in the 'free market, ' then let them: the FCC could give them 60 days to get all their rotten copper out of our dirt, or we'll buy it from them at the going scrappage rates. Then, let's hold an auction for the right to be the next big telecomm company, on one condition: in exchange for using the public's rights-of-way, you have to agree to connect us to the people we want to talk to, and vice-versa, as quickly and efficiently as you can.
When the solution to a given problem doesn't lay right before our eyes, it is easy to assume that no solution exists. But history has shown again and again that such assumptions are wrong. This is not to say the world is perfect. Nor that all progress is always good. Even widespread societal gains inevitably produce losses for some people. That's why the economist Joseph Schumpeter referred to capitalism as 'creative destruction.' But humankind has a great capacity for finding technological solutions to seemingly intractable problems, and this will likely be the case for global warming. It isn't that the problem isn't potentially large. It's just that human ingenuity-when given proper incentives-is bound to be larger. Even more encouraging, technological fixes are often far simpler, and therefore cheaper, than the doomsayers could have imagined. Indeed, in the final chapter of this book we'll meet a band of renegade engineers who have developed not one but three global-warming fixes, any of which could be bought for less than the annual sales tally of all the Thoroughbred horses at Keeneland auction house in Kentucky.
Steven D. Levitt