Transactions Quotes - Page 6

• Let not sleep fall upon thy eyes till thou has thrice reviewed the transactions of the past day. Where have I turned aside from rectitude? What have I been doing? What have I left undone, which I ought to have done?

  Pythagoras

  Fall, Sleep, Eye

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• No matter what your circumstances are, whether you are in prosperity or in adversity, you can learn from every person, transaction, and circumstance around you.

  Brigham Young

  Inspiring, Education, Adversity

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• Here is an eternal truth. Life cannot be divided into compartments in some which God is involved and in others of which he is not involved... The fact is that God does not need to be invited into certain departments of life, and kept out of others. He is everywhere, all through life and in every activity of life. He hears not only the words that are spoken in his name; he hears all words; and there cannot be any such thing as a form of words which evades bringing God into any transaction. We will regard all promises as sacred if we remember that all promises are made in the presence of God.

  William Barclay

  Names, Promise, Doe

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• "Free markets" is a very general term. There are all sorts of problems that will emerge. Free markets work best when the transaction between two individuals affects only those individuals. Most often, a transaction between you and me affects a third party. That is the source of all problems for government. That is the source of all pollution problems, of the inequality problem. This reality ensures that the end of history will never come.

  Milton Friedman

  Party, Reality, Government

  Source: www.huffingtonpost.com

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• Communication accompanies social transactions and can instruct or stultify, mobilize or intimidate, but it is no substitute for production, collaboration and fight.

  Mario Bunge

  Communication, Fighting, Collaboration

  Source: deutsche-denker.de

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• I have confidence that the government of Luxembourg will not make any decision that frustrates this transaction.

  Lakshmi Mittal

  Motivational, Government, Decision

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• Language in art remains a highly ambiguous transaction, a quicksand, a trampoline, a frozen pool which might give way under you ... at any time.

  Harold Pinter

  Art, Giving, Frozen

  Harold Pinter (2009). “Various Voices: Sixty Years of Prose, Poetry, Politics, 1948-2008”

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• Harold, the young kids out there are not going to be willing to go to the barricades in defense of lowered transaction costs.

  Murray Rothbard

  Kids, Defense, Cost

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• Every transaction in commerce is an independent transaction.

  David Ricardo

  Independent, Commerce

  David Ricardo, John Ramsay McCulloch (1846). “The Works of David Ricardo ...”, p.78

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• Outside the firm, price movements direct production, which is co-ordinated through a series of exchange transactions on the market. Within a firm, these market transactions are eliminated and in place of the complicated market structure with exchange transactions is substituted the entrepreneur-co-ordinator, who directs production.

  Ronald Coase

  Entrepreneur, Movement, Complicated

  "The nature of the firm" by Ronald Coase in Economica, Volume 4, No. 16 (p. 388), onlinelibrary.wiley.com. November 1937.

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• A firm, therefore, consists of the system of relationships which comes into existence when the direction of resources is dependent on an entrepreneur... As a firm gets larger, there may be decreasing returns to the entrepreneur function, that is, the costs of organising additional transactions within the firm may rise.

  Ronald Coase

  Entrepreneur, Cost, May

  "The nature of the firm" by Ronald Coase in Economica, Volume 4, No. 16 (p. 393), onlinelibrary.wiley.com. November 1937.

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• Human interactions, stimulated as they are by disequilibrium, never achieve balance. In even the most favorable transaction, one party whether he realizes it or not must always come out the worse.

  Jack Vance

  Party, Balance, Realizing

  Jack Vance (2011). “Rhialto the Marvellous”, p.73, Hachette UK

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• Postmodernism shifts the basis of the work of art from the object to the transaction between the spectator and the object and further deconstructs this by negating the presence of a representative objective viewer.

  Arnold Aronson

  Art, Postmodernism, Bases

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• Our modern, rootless times do seem to be a particularly inhospitable environment for loyalty. We come and go so relentlessly that our friendships can't but come and go too. What sort of loyalty is there in the age of Facebook, when friendship is a costless transaction, a business of flip reciprocity.... Friendship held together by nothing more permanent than hyperlinks is hardly the stuff of selfless fidelity.

  Eric Felten

  Loyalty, Together, Age

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• The larger the unit of capital present, the easier the transaction called emission of credit. Centralized lending of this kind (which is today universal) actively promotes the absorption of the small man by the great, the reduction of small property owners to a proletarian condition.

  Hilaire Belloc

  Wisdom, Men, Credit

  Hilaire Belloc (2016). “The Crisis Of Civilization”, p.97, TAN Books

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• Salvation is not a divine transaction that takes place because you are morally perfect, but much more is an organic unfolding, a becoming who you already are, an inborn sympathy with and capacity for the very One who created you.

  Richard Rohr

  Perfect, Becoming, Divine

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• Consider, for example, and you will find that almost all the transactions in the time of Vespasian differed little from those of the present day. You there find marrying and giving in marriage, educating children, sickness, death, war, joyous holidays, traffic, agriculture, flatterers, insolent pride, suspicions, laying of plots, longing for the death of others, newsmongers, lovers, misers, men canvassing far the consulship and for the kingdom; yet all these passed away, and are nowhere.

  Marcus Aurelius

  Children, War, Holiday

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• There is no reason products and services could not be swapped directly by consumers and producers through a system of direct exchange – essentially a massive barter economy. All it requires is some commonly used unit of account and adequate computing power to make sure all transactions could be settled immediately. People would pay each other electronically, without the payment being routed through anything that we would currently recognize as a bank. Central banks in their present form would no longer exist – nor would money.

  Mervyn King

  People, Adequate, Pay

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• there is not one in a hundred of either sex, who is not taken in when they marry. ... it is, of all transactions, the one in which people expect most from others, and are least honest themselves.

  Jane Austen

  Sex, Truth, Honesty

  1814 Mansfield Park, ch.5.

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• If you'd rather be a chooser, enter a market or a transaction where you have something to trade, something of value, something to offer that's difficult to get everywhere else. If all you have is the desire to get picked, that's not sufficient.

  Seth

  Desire, Difficult, Trade

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• Sex without love is like a goddamn business transaction. And sometimes both parties feel as if they got a good deal, but that doesn't make it any less so.

  Emma Bull

  Sex, Party, Love Is

  Emma Bull (2004). “War for the Oaks: A Novel”, p.211, Macmillan

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• A sort of hostile transaction, very necessary to keep the world going, but by no means a sinecure to the parties concerned.

  Lord Byron

  Love, Party, Mean

  Lord Byron (1990). “The Sayings of Lord Byron”, p.11, Gerald Duckworth & Co

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• We've lost that very simple transaction that's so pure, where a reader can say, "I support what you're doing, here's my dollar. I know that you guys are gonna be watchdogs or keep the government accountable, so here's my 50-cent contribution each day." It's just so tidy, and I think so inspiring.

  Dave Eggers

  Simple, Thinking, Government

  Interview with Scott Gordon, www.avclub.com. January 1, 2010.

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• The greatest insult came at the marriage ceremony when the minister asked 'who giveth this woman,' and some brother, or father or other man, unblushingly said he did, as though it were entirely a commercial transaction between men.

  Nellie L. McClung

  Marriage, Brother, Father

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• A striking feature of financial service activities during the past few decades is that the financial transactions essential to the operation of the 'real' economy has become increasingly dwarfed by speculative activity.

  Peter Dicken

  Real, Past, Essentials

  Peter Dicken (2003). “Global Shift: Reshaping the Global Economic Map in the 21st Century”, p.469, SAGE

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