The study of auctions teaches us about the broader workings of markets.

辅时：适应时势行事。违时：违背时势行事。当时：适时。圣人行事能够适应时势，不能违背时势。聪明人善于谋划，不如利用合适的时机。

The fundamental impulse that sets and keeps the capitalist engine in motion comes from the new consumers' goods, the new methods of production or transportation, the new markets, the new forms of industrial organization that capitalist enterprise creates.

Myth is a type of speech chosen by history: it cannot possibly evolve from the 'nature' of things.