A Quote by Henry Wallich
Profits are part of the mechanism by which society decides what it wants to see produced.
Related Quotes
The white man is not inherently evil, but America's racist society influences him to act evilly. The society has produced and nourishes a psychology which brings out the lowest, most base part of human beings.
There is a profiteer when it comes to oil. 36 to 63 cents per gallon is swept off the top. And who profits from that? The government profits from it. And what does the government do with much of that money? It puts it into so-called 'alternative energy,' with so-called phony 'green jobs' that we're yet to see being produced.
A huge part of Apple profits generated in Europe, in African countries, Middle East, and India were all booked in Ireland. And I think it is a very basic principle in taxation that your profits are taxed where the profits are generated.
The society wants you to have beautiful personalities; the society wants you to have personalities which are comfortable for the society, convenient for the society. But the person is not the real thing, the individual is the real thing. The individual is not necessarily always comfortable to the society - in fact he is very inconvenient.
Fear in sooth holds so in check all mortals, becasue thay see many operations go on in earth and heaven, the causes of which they can in no way understand, believing them therefore to be done by power divine. for these reasons when we shall have seen that nothing can be produced from nothing, we shall then more correctly ascertain that which we are seeking, both the elements out of which every thing can be produced and the manner in which every thing can be produced in which all things are done without the hands of the gods.
In primitive society, man produced directly for the satisfaction of his own wants, but with the development of society came differentiation of function; exchange and barter arose, various trades sprang up, and with the necessity of commercial intercourse came the invention of money.
That we can now think of no mechanism for astrology is relevant but unconvincing. No mechanism was known, for example, for continental drift when it was proposed by Wegener. Nevertheless, we see that Wegener was right, and those who objected on the grounds of unavailable mechanism were wrong.
I think of my life as a cheap novel. Part of you wants it to go on forever, and part of you wants to see how it comes out.
For society as a whole, nothing comes as a "right" to which we are "entitled." Even bare subsistence has to be produced-and produced at a cost of heavy toil for much of human history. The only way anyone can have a right to something that has to be produced is to force someone else to produce it for him. The more things are provided as rights, the less the recipients have to work and the more others have to carry their load.
I think that once you've produced a conformist, a totally conformist society, a society in which there were no critics, that would in fact be an exact equivalent of the totalitarian societies against which we are supposed to be fighting in a cold war.
Ultimately, the naming of buildings is not a mechanism by which history is kept alive. It is a mechanism by which the rich and the powerful are honoured.
The conscious and intelligent manipulation of the organised habits and opinions of the masses is an important element in democratic society. Those who manipulate this unseen mechanism of society constitute an invisible government which is the true ruling power of our country.
I try to support stories that enable us to see the difficulties in our society and the challenges we face, which is why I've also produced documentaries like 'Brick City' and 'Serving Life.'
Society is produced by our wants and government by our wickedness.
Growth is the mantra of our society because the economy can't remain healthy without growth.Impregnable monopolies aside (and these are few), profits are both the hallmark of capitalism and its Achilles heel, for no business can permanently maintain its prices much above its costs. There is only one way in which profits can be perpetuated; a business-or an entire economy-must grow.
What is it, in your opinion, to be a great nobleman? It is to be master of several objects that men covet, and thus to be able to satisfy the wants and the desires of many. It is these
wants and these desires that attract them towards you, and that make them submit to you: were it not for these, they would not even look at you; but they hope, by these services... to obtain
from you some part of the good which they desire, and of which they see that you have the disposal.
Related Authors
Adam Smith Quotes
Scottish
Economist
Alan Greenspan Quotes
American
Economist
Benjamin Graham Quotes
American
Economist
Friedrich August von Hayek Quotes
Austrian
Economist
John Kenneth Galbraith Quotes
American
Economist
John Maynard Keynes Quotes
English
Economist
Joseph Stiglitz Quotes
American
Economist
Ludwig von Mises Quotes
Austrian
Economist
Milton Friedman Quotes
American
Economist
Muhammad Yunus Quotes
Bangladeshi
Economist
Murray Rothbard Quotes
American
Economist
Paul Krugman Quotes
American
Economist
Richard Thaler Quotes
American
Economist
Robert Reich Quotes
American
Economist
Thomas Sowell Quotes
American
Economist
Walter E. Williams Quotes
American
Economist