Quotes About Value

If the objective exchange-value of money must always be linked with a pre-existing market exchange-ratio between money and other economic goods (since otherwise individuals would not be in a position to estimate the value of the money), it follows that an object cannot be used as money unless, at the moment when its use as money begins, it already possesses an objective exchange-value based on some other use.

If we assume that all men have the same capacity and application for work and if we disregard the disutility of labor, labor in such a world would not be an economic good. If

There is no use in arguing about the adequacy of ethical precepts. They are derived from intuition; they are arbitrary and subjective. There is no objective standard available with regard to which they could be judged. Ultimate ends are chosen by the individual's judgments of value. They cannot be determined by scientific inquiry and logical reasoning.

Before an economic good begins to function as money it must already possess exchange-value based on some other cause than its monetary function. But money that already functions as such may remain valuable even when the original source of its exchange-value has ceased to exist. Its value then is based entirely on its function as common medium of exchange.1

O valor não é intrínseco. Não está nas coisas e nas condições, mas no sujeito que as avalia.

Those economists who have recognized that the value of even the best money is variable have recommended that in settling the terms of credit transactions, that is to say, the terms on which present goods are exchanged for future goods, the medium of exchange should not be one good alone, as is usual nowadays, but a 'bundle' of goods; it is possible in theory if not in practice to include all economic goods in such a 'bundle'.

Prices change slowly because the subjective valuations of human beings change slowly.

the Quantity Theory resembles various general theories of value (many versions of the doctrine of supply and demand, for example), which have not attempted to explain price as such but have been content to establish a law of price-variations.1

the subjective theory of value

the fundamental problem of the value of money.

What are the determinants of the objective exchange-value of money?

Ludwig von Mises

Soñar despierto con un mundo "justo" que lo trataría de acuerdo con su "valor real" es el refugio de todos aquellos plagados de falta de autoconocimiento.

panmechanistic world view is committed to a methodological monism; it acknowledges only mechanistic causality because it attributes to it alone any cognitive value or at least a higher cognitive value than to teleology.

Appreciate what you have now, because there may be no tomorrow. If your life span is decreasing every day, what are you doing now to appreciate what you have left? What gives your life meaning?

but I used to think, Josef says quietly, that there are some weeds that are just as beautiful as flowers. (pg 134)

What makes a treasure a treasure is how rare a find it is, when you need it the most.

I look at you and I see this amazing, beautiful thing. All these books and songs are written about people looking for the love of their life and never fining it, and we've got it and it isn't worth a damn to you.

Maybe you had to come close to losing something before you could remember its value.

He couldn't live a life worth saving, and he couldn't save a life worth living.

May be it took realizing that you could die to keep you from wanting to do it.

I'm sure I'm worth a lot more dead than alive—the sum of the parts equals more than the whole.

there are just some people you cannot find the good in. But who am I to decide if someone should be killed for murdering a child...instead of for murdering a drug addict during a deal that went bad...or even if we should be killing the inmate himself? I'm not smart enough to be able to say which life is worth more than the other. I don't know if anyone is.

I got precious little time for you to belong to me. I'm gonna make sure it isn't any shorter than it has to be.