There is no way for the American economic system to function without advertising. There is no other way to communicate enough information about enough products to enough people with enough speed.
quote by John O'Toole

Submitted by Lucian Velea
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Related quotes

There are huge advertising budgets only when there's no difference between the products. If the products really were different, people would buy the one that's better. Advertising teaches people not to trust their judgment. Advertising teaches people to be stupid.
Carl Sagan in Contact

Submitted by Catalin Popescu
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Is advertising moral? It is part and parcel of the American free enterprise system... I challenge anybody to show any economic system that has done as much for so many in so short a time.
quote by Morris Hite

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The effectiveness of advertising depends on the amount and kind of product information available to consumers... advertising will be more successful the more impoverished the consumer's information environment.
quote by Michael Schudson

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We need to reclaim our American system of limited government, low taxes, reasonable regulations, and sound money, which has blessed us with unprecedented prosperity. And it has done more to help the poor than any other economic system ever designed.
Most people in this country believe that the American Communist Party and its dupes are the chief internal enemy of our economic system and our form of government. This is a serious mistake.
quote by John T. Flynn

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Well, there's a question as to what sort of information is important in the world, what sort of information can achieve reform. And there's a lot of information. So information that organizations are spending economic effort into concealing, that's a really good signal that when the information gets out, there's a hope of it doing some good.
quote by Julian Assange

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Every physical system registers information, and just by evolving in time, by doing its thing, it changes that information, transforms that information, or, if you like, processes that information.
quote by Seth Lloyd

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Truth And Justice.... (Part Three)
if our founding fathers were alive
today they would be labeled as terrorists!
think about it!
our standing government, and economic
capitalistic system are a greater threat
to the American people and their families,
than England was to them!
we are so far away from what they intended,
that they would not recognize us!
poem by Eric Cockrell

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I believe that a contract, or at least an understanding, exists between the American public and the American advertiser concerning what advertising is, what its limitations are and what price people will pay for it.
quote by John O'Toole

Submitted by Lucian Velea
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Can advertising foist an inferior product on the consumer? Bitter experience has taught me that it cannot. On those rare occasions when I have advertised products which consumer tests have found inferior to other products in the same field, the results have been disastrous.
quote by David Ogilvy

Submitted by Lucian Velea
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The European model is, first, a social and economic system founded on the role of the market, for no computer in the world can process information better than the market.
quote by Jacques Delors

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But the system of prices ruling the market not only transmits information in the light of which economic agents can mutually adjust their actions, it also provides them with an incentive to exercise economy in terms of money.
quote by Michael Polanyi

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American people are not evil. Given information, they will do the right thing. But they're not given the information.
quote by Tim Robbins

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But the Congress has made the determination that certain kinds of information can be protected even though the American people may want to have access to information.
quote by Alberto Gonzales

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The President also talked at length about how well the American economy is doing. Apparently, he got his information on this topic from his millionaire supporters. For the average working family, these are trying economic times.
quote by Jose Serrano

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'Be comfortable with who you are', reads the headline on the Hush Puppies poster. Are they mad? If people were comfortable with who they were, they'd never buy any products except the ones they needed, and then where would the advertising industry be?
quote by Charles Edwards

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So everybody has some information. The function of the markets is to aggregate that information, evaluate it, and get it incorporated into prices.
quote by Merton Miller

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So I think it's important to communicate with the people in terms of what the real facts are on these proposals and try to have a discussion and a dialogue that gives people information. I think they're hungry for that rather than just political rhetoric.
quote by John Podesta

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An increase in the relative price of products from the low wage manufacturers in Asia and Latin America will also make those products less attractive to American consumers.
quote by Martin Feldstein

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I'm a great believer in the competitive system, and think that competition will bring us greater innovation and put American industry in information ahead of everyone also.
quote by Harold H. Greene

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