Goods Quotes - Page 14

• It [the free market] is an organizational way of doing things, featuring openness, which enables millions of people to cooperate and compete without demanding a preliminary clearance of pedigree, nationality, color, race, religion, or wealth. It demands only that each person abide by voluntary principles, that is, by fair play. The free market means willing exchange; it is impersonal justice in the economic sphere and excludes coercion, plunder, theft, protectionism, and other anti-free market ways by which goods and services change hands.

  Leonard Read

  Mean, Play, Race

  4 Copy quote

• Tariffs protect ill-considered government policies, such as costly regulations and high taxes on labor and capital that make our goods uncompetitive in international markets.

  Paul Craig Roberts

  Government, Tariffs, Regulation

  12 Copy quote

• Wal-Mart has become the whipping boy for political demagogues, unions and anti-traders. I suggest that they have the wrong target.... Wal-Mart exists and prospers because tens of millions of Americans find Wal-Mart to be a suitable source of goods and services..... unions and anti-traders should direct their outrage and condemnation at the tens of millions of Americans who shop at Wal-Mart and keep it in business.

  Walter E. Williams

  Boys, Political, Target

  7 Copy quote

• He who wishes for goods will never have devotion.

  Philip Neri

  Wish, Devotion

  St Philip Neri (2009). “The Maxims and Sayings of St Philip Neri”, p.26, St Athanasius Press

  4 Copy quote

  Show source

• Throughout history governments have been chronically short of revenue. The reason should be clear: unlike you and me, governments do not produce useful goods and services that they can sell on the market; governments, rather than producing and selling services, live parasitically off the market and off society.

  Murray Rothbard

  Government, Like You, Reason

  27 Copy quote

• Without market prices for capital goods, accounting is not possible. You don't know if you are making money or losing money, saving resources or wasting them, doing the right thing or not doing the right thing.

  Llewellyn Rockwell

  Saving, Losing, Making Money

  7 Copy quote

• One of the most important features of our economic resources is their scarcity: land, labor, and capital goods factors are all scarce, and may all be put to various possible uses. The free market uses them 'productively' because the producers are guided, on the market, to produce what the consumers most need: automobiles, for example, rather than buggies.

  Murray Rothbard

  Land, Important, Example

  11 Copy quote

• The only source of the generation of additional capital goods is saving. If all the goods produced are consumed, no new capital comes into being.

  Ludwig von Mises

  Generations, Saving, Source

  Ludwig Von Mises (1978). “Anti-Capitalistic Mentality, The”, p.84, Ludwig von Mises Institute

  7 Copy quote

  Show source

• It is investment, i.e. the increased production of material wealth in the shape of capital goods, which alone increases national wealth.

  John Maynard Keynes

  Shapes, Wealth, Investment

  John Maynard Keynes (1950). “The applied theory of money”

  9 Copy quote

  Show source

• If people do not consume their whole incomes, the non-consumed surplus can be invested, it increases the amount of capital goods available and thereby makes it possible to embark upon projects which could not be executed before.

  Ludwig von Mises

  People, Income, Increase

  Ludwig Von Mises, Murray Newton Rothbard (1980). “Planning for freedom, and sixteen other essays and addresses”, Libertarian Press, Incorporated

  13 Copy quote

  Show source

• The big divide in this country is not between Democrats and Republicans, or women and men, but between talkers and doers. Think about the things that have improved our lives the most over the past century - medical advances, the transportation revolution, huge increases in consumer goods, dramatic improvements in housing, the computer. The people who created these things - the doers - are not popular heroes. Our heroes are the talkers who complain about the doers.

  Thomas Sowell

  Country, Hero, Past

  Thomas Sowell (2013). “Ever Wonder Why?: and Other Controversial Essays”, p.204, Hoover Press

  19 Copy quote

  Show source

• Recipients of transfers set a bad example for others, including their children, other relatives, and friends, who see that one can receive goods, services, or money from the government without earning them. The onlookers easily adopt an attitude that they, too, are entitled to such transfers. They have fewer examples of hardworking, self-reliant people in their families or neighborhoods.

  Robert Higgs

  Children, Attitude, Government

  8 Copy quote

• What I'm really focused on is the majesty of the best films I see are films that don't panhandle for an extra laugh later, but actually deliver the goods. And when the screen goes black, you go, Yes.

  James Mangold

  Laughing, Black, Majesty

  Source: collider.com

  4 Copy quote

  Show source

• If one sentence were to sum up the mechanism driving the Great Stagnation, it is this: Recent and current innovation is more geared to private goods than to public goods. That simple observation ties together the three major macroeconomic events of our time: growing income inequality, stagnant median income, and the financial crisis.

  Tyler Cowen

  Simple, Ties, Innovation

  15 Copy quote

• Most people will see declining returns [due to inflation]. One of the great defenses if you're worried about inflation is not to have a lot of silly needs in your life - you don't need a lot of material goods.

  Charlie Munger

  Silly, People, Needs

  Charlie Munger's remarks at the 2004 Berkshire Hathaway Annual Meeting in Omaha, Nebraska, www.tilsonfunds.com. May 1, 2004.

  15 Copy quote

  Show source

• Unless we love natural goods - sex, alcohol, food, money, success, power - in the way God intended, we become their slaves, as any addict can attest.

  Philip Yancey

  Sex, Alcohol, Way

  7 Copy quote

• For pride, which is the inordinate attribution of goods and values and glories to one's own contingent self, cannot exist where there is no contingent self to which anything can be attributed.

  Thomas Merton

  Pride, Self, Glory

  5 Copy quote

• We are so accustomed to the miracle of private enterprise that we habitually take it for granted. But how does private industry solve the incredibly complex problem of turning out tens of thousands of different goods and services in the proportions in which they are wanted by the public? ... It solves these problems through the institutions of private property, competition, the free market, and the existence of money - through the interrelations of supply and demand, costs and prices, profits and losses.

  Henry Hazlitt

  Loss, Miracle, Competition

  12 Copy quote

• We must not cast away riches which can benefit our neighbor. Possessions were made to be possessed; goods are called goods because they do good, and they have been provided by God for the good of men: they are at hand and serve as the material, the instruments for a good use in the hand of him who knows how to use them.

  Clement of Alexandria

  Men, Hands, Benefits

  26 Copy quote

• Capital does not 'beget profit' as Marx thought. The capital goods as such are dead things that in themselves do not accomplish anything. If they are utilized according to a good idea, profit results. If they are utilized according to a mistaken idea, no profit or losses result. It is the entrepreneurial decision that creates either profit or loss.

  Ludwig von Mises

  Loss, Ideas, Decision

  Ludwig Von Mises (1974). “Planning for freedom, and twelve other essays and addresses”

  16 Copy quote

  Show source

• Economic progress and justice do not consist in superbly equalized destitution, but in the constant creation of more and more goods and services, of more and more wealth and income to be shared.

  Henry Hazlitt

  Justice, Progress, Income

  Henry Hazlitt (1971). “Man Vs. the Welfare State”, p.95, Ludwig von Mises Institute

  4 Copy quote

  Show source

• To best serve the public happiness, government shouldn't do things it cannot do well - anymore than Wal-Mart should provide goods and services that people don't like.

  Joel Miller

  Government, People, Should

  4 Copy quote

• Modern 'public health' initiatives have moved well beyond what could reasonably be classified as public goods. Today, government undertakes all sorts of policies in the name of public health that are aimed at regulating personal behavior.

  Radley Balko

  Government, Names, Today

  8 Copy quote

• Wealth comes from the production and exchange of goods and services. If someone efficiently produces a good that many people willingly trade their money for, he becomes wealthy.

  Sheldon Richman

  People, Wealth, Produce

  12 Copy quote

• The role of business is to provide products and services that make people's live better - while using fewer resources - and to act lawfully and with integrity. Businesses that do this through voluntary exchanges not only benefit through increased profits, they bring better and more competitively priced goods and services to market. This creates a win-win situation customers and companies alike.

  Charles Koch

  Integrity, Winning, People

  10 Copy quote