Quotes About Costs
The costs of achieving justice matter. Another way of saying the same thing is that "justice at all costs" is not justice. What, after all, is an injustice but the arbitrary imposition of a cost—whether economic, psychic, or other—on an innocent person? And if correcting this injustice imposes another arbitrary cost on another innocent person, is that not also an injustice?
~ Thomas Sowell
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In its pursuit of justice for a segment of society, in disregard of the consequences for society as a whole, what is called "social justice" might more accurately be called anti-social justice, since what consistently gets ignored or dismissed are precisely the costs to society.
~ Thomas Sowell
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The time is long overdue to count the costs of runaway rhetoric and heedless accusations - especially since most of the costs, including the high social cost of a breakdown of law and order, are paid by vulnerable people for whose benefit such rhetoric and such accusations are ostensibly being made.
~ Thomas Sowell
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People who depict markets as cold, impersonal institutions, and their own notions as humane and compassionate, have it directly backwards. It is when people make their own economic decisions, taking into account costs that matter to themselves, and known only to themselves, that this knowledge becomes part of the trade-odds they choose, whether as consumers or producers.
~ Thomas Sowell
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It is so easy to be wrong—and to persist in being wrong—when the costs of being wrong are paid by others.
~ Thomas Sowell
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Back then, the rule of thumb was that housing costs—whether rents or mortgage payments—should not take more than one-fourth of a person's income. In 1901, housing costs took 23 percent of the average American family's spending. By 2003, it took 33 percent of a far larger amount of spending.
~ Thomas Sowell
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Far from being a national crisis of affordable housing, outrageous rents and astronomical home prices are largely confined to a relatively few places along the east and west coasts. Rent per square foot of apartment space in San Francisco is more than double what it is in Denver, Dallas, or Kansas City, and nearly three times as high as in Memphis. Home prices show even greater disparities.
~ Thomas Sowell
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One of the reasons for the political success of price control is that part of its costs are hidden. Even the dire consequences of the shortage are unable to show the whole picture.
~ Thomas Sowell
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Attitude-changing curriculum programs can be assessed in a number of ways, including (1) how effective they are in the specific area in which they claim to be effective (drug prevention, for example), (2) the academic and emotional costs they entail, and (3) their wider social consequences. Remarkably
~ Thomas Sowell
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Una de las razones del éxito político del control de precios es que parte de sus costes están ocultos. Incluso las terribles consecuencias de la escasez son incapaces de mostrar el panorama completo.
~ Thomas Sowell
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Muchos, incluso hoy, atribuyen con frecuencia el alto nivel de ganancias a los altos precios cobrados por personas motivadas por la «avaricia». La realidad, sin embargo, es que la mayoría de las grandes fortunas de la historia estadounidense ha resultado de la capacidad de alguien para reducir costes, y al mismo tiempo cobrar precios más bajos y por tanto ganar un mercado masivo para su producto.
~ Thomas Sowell
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Church United's busy schedule of activities costs money. It is unclear from the organization's reporting where it comes from.
~ Katherine Stewart
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General Motors spends more on health care than steel.
~ Kathleen Sebelius
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The most expensive part of building is the mistakes.
~ Ken Follett
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Those that entered the ark in pairs were for the purpose of repopulating their kind after the Flood. This is why the female is paired with it. But the sacrificial clean animals were obviously not required to go in pairs as they had no mates and their function was not to keep their kinds alive after the Flood (Genesis 7:36). Sacrifice costs the sacrificer something. If not, it really isn't a sacrifice. King David later recognized this (2 Samuel 24:24
~ Ken Ham
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Write contracts for software development that fix time, costs, and quality but call for an ongoing negotiation of the precise scope of the system. Reduce risk by signing a sequence of short contracts instead of one long one.
~ Kent Beck
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There is one investment truism that, if followed, can dependably increase your investment returns: Minimize your investment costs. We
~ Burton G. Malkiel
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Only a large-volume market like space travel can attack the barrier of high costs.
~ Buzz Aldrin
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These directly measurable costs, however, were the easy part of his decision. It was instead the "opportunity costs" that required more attention. As he elaborated: "If I make hay all summer, I can't be doing something else.
~ Cal newport
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balance this profit against the costs measured in terms of "your life." How much of your time and attention, he would ask, must be
~ Cal newport
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Given it costs no more to provide services to a customer with $100 or $100 million in assets, we believe that DeFi will replace all meaningful centralized financial infrastructure in the future.
~ Campbell R. Harvey
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You've just described 'technical debt' that is not being paid down. It comes from taking shortcuts, which may make sense in the short-term. But like financial debt, the compounding interest costs grow over time. If an organization doesn't pay down its technical debt, every calorie in the organization can be spent just paying interest, in the form of unplanned work.
~ Gene Kim
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It's not the upfront capital that kills you, it's the operations and maintenance on the back end.
~ Gene Kim
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I want to migrate us to MySQL and open-source databases wherever we can, because I'm tired of sending millions of dollars each year to an abusive vendor.
~ Gene Kim
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