Quotes About Goods

By 'the objective exchange-value of money' we are accordingly to understand the possibility of obtaining a certain quantity of other economic goods in exchange for a given quantity of money; and by 'the price of money' this actual quantity of other goods.

The first value of money was clearly the value which the goods used as money possessed (thanks to their suitability for satisfying human wants in other ways) at the moment when they were first used as common media of exchange.

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.

Os bens, as mercadorias, as riquezas e todas as demais noções de conduta não são elementos da natureza, mas sim elementos da mente e da conduta humana. Quem deseje entrar neste segundo universo deve abstrair-se do mundo exterior, centrando a sua atenção no significado das ações empreendidas pelos homens

the essence of the ownership of the means of production in a society which divides labour differs from that found where the division of labour does not take place; and that it differs essentially from the ownership of consumption goods in any economic order.

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'.

If this proposal were adopted, money would still be used as a medium for the exchange of present goods; but in credit transactions the outstanding obligation would be discharged, not by payment of the nominal sum of money specified in the contract, but by payment of a sum of money with the purchasing power that the original sum had at the time when the contract was made.

In reviewing the determinants of the rate of interest, writers emphasize over and over again that it is not the greater or smaller quantity of money that is of importance, but the greater or smaller quantity of other economic goods.

It is not the fault of the entrepreneurs that the consumers, the people, the common man, prefer liquor to Bibles and detective stories to serious books, and that governments prefer guns to butter. The entrepreneur does not make greater profits in selling bad things than in selling good things. His profits are the greater the better he succeeds in providing the consumers with those things they ask for most intensely.

With a beaming face celebrate the joyful day and rest not therein. For no one can take away his goods with him. Yea, no one returns again, who has gone hence.

Abandon desire for this world, and God will love you. Abandon desire for others' goods, and people will love you.

The modern corporation must manufacture not only goods but the desire for the goods it manufactures.

Development does not start with goods; it starts with people and their education, organization, and discipline. Without these three, all resources remain latent, untapped, potential.

business that makes and sells durable goods faces a problem: As soon as everyone who wants the product has it, then there is no need for more.

What is the physical, tangible thing you are selling?

There are very definite aspects to our culture pattern which give psychopaths encouragement. In America we put great value on the acquisition of material gain, prestige, power, personal ascendance, and the competitive massing of goods. —William Krasner, The Psychopath in Our Society, Neurotica II, 1948 Thursday

The Great Society is a place where every child can find knowledge to enrich his mind and to enlarge his talents. It is a place where the city of man serves not only the needs of the body and the demands of commerce but the desire for beauty and the hunger for community. It is a place where men are more concerned with the quality of their goals than the quantity of their goods.

We complain bitterly when we do not get all we want as if it were possible to have more services with lower taxes, broader health care coverage with no federal involvement, a cleaner environment without regulations, security from terrorists with no infringement on privacy, and cheaper consumer goods made locally by workers with higher wages.

In the modern economy, a slightly bizarre fact, production is now more necessary for the employment it provides than for the goods and services it supplies.

Transaction costs can arise before any business is done. Locating potential trading partners may be costly and time-consuming. Comparing alternative sellers and choosing among them takes effort by the buyer. The quality of the goods for sale is often not immediately apparent, and the buyer may have to go to some trouble to evaluate it. If it cannot be reliably checked, the buyer might be reluctant to purchase.

Traditional American values: Genocide, aggression, conformity, emotional repression, hypocrisy, and the worship of comfort and consumer goods.

The ultimate aim of production is not production of goods but the production of free human beings associated with one another on terms of equality.

In writing advertising it must always be kept in mind that the customer often knows more about the goods than the advertising writers because they have had experience in buying them.

all of the goods of earth and heaven are meant to help us on the way to salvation, but they can become obstacles if we relate to them with possessiveness.