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Quotes About Exchange

Labour was the first price, the original purchase money that was paid for all things. It was not by gold or by silver, but by labour, that all the wealth of the world was originally purchased; and its value, to those who possess it, and who want to exchange it for some new productions, is precisely equal to the quantity of labour which it can enable them to purchase or command.
~ Adam Smith
It is not from the benevolence of the butcher the brewer, or the baker that we expect our dinner, but from their regard to their own interest.
~ Adam Smith
It is in this manner that money has become in all civilised nations the universal instrument of commerce, by the intervention of which goods of all kinds are bought and sold, or exchanged for one another.
~ Adam Smith
But without the disposition to truck, barter, and exchange, every man must have procured to himself every necessary and conveniency of life which he wanted.
~ Adam Smith
him to purchase or command. The exchangeable value of every thing must always be precisely equal to the extent of this power which it conveys to its owner.
~ Adam Smith
The things which have the greatest value in use have frequently little or no value in exchange; and, on the contrary, those which have the greatest value in exchange have frequently little or no value in use. Nothing is more useful than water; but it will purchase scarce any thing; scarce any thing can be had in exchange for it. A diamond, on the contrary, has scarce any value in use; but a very great quantity of other goods may frequently be had in exchange for it.
~ Adam Smith
Quel auteur moderne a donné de la monnaie une définition plus juste que celle contenue dans cette phrase d'Aristote : C'est une marchandise intermédiaire destinée à faciliter l'échange entre deux autres marchandises ?
~ Adam Smith
But though, in establishing perpetual rents, or even in letting very long leases, it may be of use to distinguish between real and nominal price; it is of none in buying and selling, the more common and ordinary transactions of human life.
~ Adam Smith
commerce in Europe, as well as a
~ Adam Smith
Such general complaints of the scarcity of money do not always prove that the usual number of gold and silver pieces are not circulating in the country, but that many people want those pieces who have nothing to give for them.
~ Adam Smith
Even such general complaints of the scarcity of money do not always prove that the usual number of gold and silver pieces are not circulating in the country, but that many people want those pieces who have nothing to give for them.
~ Adam Smith
If people can write to each other across space, why can they not write across time too?
~ Ahdaf Soueif
the tale of a community that provides security in exchange for thought
~ Alan Jacobs
Dharma is about exchange, about giving and receiving, It is about outgrowing animal instincts, outgrowing fear, discovering the ability to feed others, comfort others, enable others to find meaning.
~ Devdutt Pattanaik
Seduction No one is obliged to receive what we give. No one is obliged to participate in the exchange. Not everyone needs to be compelled into desirable behaviour; customers and employees can also be charmed. Our enchantments can be a trick, a trap, a manipulation, or an expression of genuine affection that benefits all.
~ Devdutt Pattanaik
For when a bride enters the husband's house she brings with her not just the promise of a new generation but also new food, a new culture and with that new thoughts that enrich her husband's household.
~ Devdutt Pattanaik
To do yagna is to recognize that we live in a sea of assumed expectations and obligations. You and I can hoard, grab, give in order to get, get before giving or simply withdraw from the exchange. We can act out of desire, duty or care. We can choose to expect or control outcome, or not.
~ Devdutt Pattanaik
Empathy enables exchange
~ Devdutt Pattanaik
Unlike dakshina, where wealth is asked in exchange, and bhiksha, where power is asked in exchange, in daan only wisdom is sought in exchange.
~ Devdutt Pattanaik
yagna, which involved exchange, giving in order to get,
~ Devdutt Pattanaik
Lo valioso no se recupera fácilmente cuando se lo cambia por unas monedas.
~ Diana Paris
Mrs Palis­sey and I tend­ed to have the same con­ver­sa­tions over and over and slight­ly too of­ten.
~ Dick Francis
The simple exchange of legal tender for goods and services--was there anything more elemental, yet more beautiful? Money. No matter what anyone said, it was the answer to everything. When it came down to it, there was no human interaction that wasn't, at its core, a transaction.
~ Don Lee
that an economically rational buyer would pay for a work product before, and after, the activity is performed.
~ Donald G. Reinertsen