A Quote by Leonard Read
In market terms, one is entitled to what others will offer in willing exchange. That is all!
Related Quotes
Outside the firm, price movements direct production, which is co-ordinated through a series of exchange transactions on the market. Within a firm, these market transactions are eliminated and in place of the complicated market structure with exchange transactions is substituted the entrepreneur-co-ordinator, who directs production.
I would be delighted to show my film in the Viennale. I do not offer press kits. I do not offer stills. I do not offer screeners. I do not offer DVD's. I do not offer posters. I require a first-class flight to bring the print however I do not offer any photo ops or press exchange in any way. My fee for showing my film is $35,000 dollars US.
How can we live in freedom and maintain that we are entitled to *anything* that we can't get without the labor of others? Remember, if we are entitled to the labor of others, that makes slaves of those others.
Love is extravagant in the price it is willing to pay, the time it is willing to give, the hardships it is willing to endure, and the strength it is willing to spend. Love never thinks in terms of "how little," but always in terms of "how much." Love gives, love knows, and love lasts.
It [the free market] is an organizational way of doing things, featuring openness, which enables millions of people to cooperate and compete without demanding a preliminary clearance of pedigree, nationality, color, race, religion, or wealth. It demands only that each person abide by voluntary principles, that is, by fair play. The free market means willing exchange; it is impersonal justice in the economic sphere and excludes coercion, plunder, theft, protectionism, and other anti-free market ways by which goods and services change hands.
Uber sees ride-sharing as a winner-takes-all war and subsequently is willing to offer below-market prices in a bid to crowd out the competition.
What private property does is connect effort to reward, creating an incentive for people to produce for more. Then, if there's a free market, people will trade their surpluses to others for the things they lack. Mutual exchange for mutual benefit makes the community richer.
People are willing to work free, and they are willing to work for a reasonable wage; but offer them just a small payment and they will walk away.
Modern man has transformed himself into a commodity; he experiences his life energy as an investment with which he should make the highest profit, considering his position and the situation on the personality market. He is alienated from himself, from his fellow men and from nature. His main aim is profitable exchange of his skills, knowledge, and of himself, his "personality package" with others who are equally intent on a fair and profitable exchange. Life has no goal except the one to move, no principle except the one of fair exchange, no satisfaction except the one to consume.p97.
Is driving a right? You are entitled to a driving license if you can abide by the traffic laws and drive responsibly. If your driving endangers the lives of others, that license will be taken away from you. So rights and responsibilities are inseparable. If you can't respect the rights of others, if by your belief and conduct you endanger the lives of other people, you are not entitled to any right.
For all it is a smaller country in terms of geography, Holland is the most closely aligned market to the U.K. in terms of trend. It is a big nation of card-makers and paper crafters, and Germany's market is at least five times larger than over here.
We will not leave the Golan Heights, not even in exchange for a peace treaty. We will be ready for a limited compromise and it does not have to be in territorial terms.
It is true, that men may have Christ whenever they are willing to comply with His terms. But if you are not willing now, how can you think you shall be willing hereafter?
When we desire to be a blessing, we find that there are many ways in which we can bless others. We can give material goods to others, and we can also offer them the benefit of our experience. People who have faced and overcome challenges with alcohol and drugs often involve themselves in helping others who are experiencing similar difficulties. They understand the value of overcoming the problem. In every area of the human experience, we may find those precious ones who are able and willing to be a blessing to others.
If a country is an attractive place for foreigners to invest their funds, then that country will have a relatively high exchange rate. If it's an unattractive place, it will have a relatively low exchange rate. Those are the fundamentals that determine the exchange rate in a floating exchange rate system.
Your business should be defined, not in terms of the product or service you offer, but in terms of what customer need your product or service fulfills. While products come and go, basic needs and customer groups stay around, i.e., the need for communication, the need for transportation, etc. What market need do you supply?
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