top of page
.png){kind=small}
Quotes by Economist
"Don't jump on the bandwagon just because everyone's doing so."
14
"At one time, this gave rise to the question of whether the legal validity of the money was determined by the stamp of the ruler of the country or by the metal content of the coin; later, to the question of whether the command of the law or the free usage of business was to settle if the money was legal tender or not. The answer of public opinion, grounded on the principles of private property and the protection of acquired rights, ran the same in both cases: Prout quidque eontraetum est, ita et solvi debet; ut cum re eontraximus, re solvi debet, veluti cum mutuum dedimus, ut Tetro pecuniae tantundem solvi debeat."
13
"CHALLENGES MAKE US RISE TO THE OCASSION."
13
"We all love people in our life. way of expressing it may change but the intensity never fluctuates. there are comparisons and fights in any relation because of the same reason of their existence."
13
"There is not the slightest analogy between playing games and the conduct of business within a market society. The card player wins money by outsmarting his antagonist. The businessman makes money by supplying customers with goods they want to acquire."
13
"A metallic money, the augmentation or diminution of the quantity of metal available for which is independent of deliberate human intervention, is becoming the modern monetary ideal. The significance of adherence to a metallic-money system lies in the freedom of the value of money from State influence that such a system guarantees."
13
"For once the commodities have been sold that were already on the market when their price was authoritatively fixed at a level below that demanded by the situation of the market, then the emptied store-rooms are not filled again. Charging more than a certain price is prohibited, but producing and selling has not been made compulsory. There are no longer any sellers. The market ceases to function. But this means that economic organization based on division of labour becomes impossible. The level of money-prices cannot be fixed without overthrowing the system of social division of labour."
13
"Dreams become regrets when left in the mind, never planted in the soil of action."
13
"Attaining achievement is not simple. It is not attain by chance, you have to work with it. There ought to be diligence and own path on the best way to accomplish achievement. It takes much time before having the tree grown foods of your work. As you come the way, you will know the things on the best way to be fruitful. Achievement needs time, exertion and tolerance."
13
"Whenever it comes to love, Remember the part about having confidence."
13
"If you have been told that you are late and unreliable more than once, then not only do you lack punctuality, but you also lack decency and seriousness, which is certainly very annoying."
13
"All that the State need do, and can do, in order to preserve the monetary system undisturbed, is to refrain from such intervention. That is the essence of the monetary theory of the classical economists and their immediate successors, the Currency School. It is possible to refine and amplify this doctrine with the aid of the modern subjective theory; but it is impossible to overthrow it, and impossible to put anything else in its place. Those who are able to forget it only show that they are unable to think as economists."
13
"When the price of coal falls because production has increased while demand has remained unaltered, then, for example, those retailers are involved who have taken supplies from the wholesale dealers at the old higher price but are now able to dispose of them only at the new and lower price. But this alone will not account for all the social changes brought about by the increase of production of coal. The increase in the supply of coal will have improved the economic position of the community."
13
"If you stumble, you get back up. If you fall off the wagon, you have the next go at it. And then the next. And the next. And the next."
13
bottom of page