A Quote by George Stigler
Henry Ford made a lot of money making cars at one time, but that was a small advantage to him compared to the benefit to millions of people who for the first time in their lives were emancipated from common public carriers and could live where they wanted, move at the hours they wanted, to the places they wanted. Ford collected a billion bucks, but that was peanuts compared to the benefits.
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Henry Ford didn't just create a cheap way of getting away from your in-laws; he basically understood that there was something in us as a culture that wanted to be on the move, that wanted to get out.
Henry Ford has several times sneered at unproductive stockholders.... Well, now. Let's see. Who made Henry Ford's own automobile company possible? The stockholders who originally advanced money to him. Who makes it possible for you and me to be carried to and from business by train or street car? Stockholders.... Who made our vast telephone and telegraph service possible? Stockholders.... Were stockholders all over the country to withdraw their capital from the enterprises in which they are invested, there would be a panic ... on a scale never before known.
I never collected cars as a financial thing; I wanted to go racing, so I chose the cars I wanted to go racing with. Like the Ferrari 250 GTO. I bought it because it absolutely fulfilled everything I wanted from a car.
I always wanted to do good work, but not in order to buy big houses and big cars. I just wanted to be 'alright', to have enough money to be able to live on, to go to the cinema when I wanted to, and buy the books I wanted to read.
When Henry Ford made cheap, reliable cars people said, 'Nah, what's wrong with a horse?' That was a huge bet he made, and it worked.
This relationship is the foundation for the argument, made by some trade unionists and labour advocates, that high wages can actually be "good for business". The precedent set by Henry Ford in 1914, who offered workers $5.00 per day (a very high wage at the time) so they could afford to buy the same cars they made, is often invoked.
If the present American laws concerning the taxation of the profits of corporations, the incomes of individuals, and inheritances had been introduced about 60 years ago, all those new products whose consumption has raised the standard of living of the 'common man' would either not be produced at all or only in small quantities for the benefit of a minority. The Ford enterprises would not exist if Henry Ford's profits had been taxed away as soon as they came into being.
I wanted to be in New York because I wanted to be on 'SNL.' I spent a lot of time wanting to be on 'Saturday Night Live' as a kid. That's what I wanted.
The Ford Motor Co. should stand for something more than cars and trucks. There is a Ford way of doing things that we cannot lose... We need to be continuously polishing that Ford oval.
There are places that I've always wanted to go. First I went to Africa, and when I was there I realized there were places in Africa I really to wanted to visit: The Congo, West Africa, Mombassa. I wanted to see the deep, dark, outlandish places.
We played for peanuts. But we did what we wanted to do, we heard what we wanted to hear, we performed what we wanted to perform, we learned what we wanted to learn.
The three auto companies in the United States, they're all scrambling to come up with a plan, some way to reinvent themselves. Well this week Ford did its part. Ford unveiled a new hybrid, the Ford Fusion, which will get almost 40 miles to the gallon. Isn't that amazing? Yeah, and when asked how much it would cost, a spokesman for Ford said, '$25 billion.' They just want that money; they don't care. That's without mud flaps.
Words created the future, exacerbated problems, raised barriers between them. But in the silence of Ford's sleep, Ford could love Dan easily; in the stillness of Ford's rest, Dan could adore him without question or fear.
Henry Ford, in a sense, was the first Keynesian. He paid his assembly workers high wages so they could afford to buy his cars.
[ Age Of Trump] was something that I really wanted to do, and I also really wanted it to feel evergreen, so we made a lot of attempts not to bog it down in the campaign fight, even though we were right in the middle of that. I wanted it to be something that could live on and be a conversation piece long after this inauguration, whoever it was going to be.
When I arrived in Ford, a decision was made to sell many marquee brands. This was because 85 per cent of the sales were from Ford and Lincoln brands. We were clear that for the company's strong future, we needed to focus on the Ford brands.
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