A Quote by Ludwig von Mises
The boom squanders through malinvestment scarce factors of production and reduces the stock available through overconsumption; its alleged blessings are paid for by impoverishment.
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I was raised in a very humble environment, and I was always taught to be humble to the things that are happening in my life because they're blessings. They're blessings in every way. Whether you're able to help someone get through a tough time in their life through your music or through comedy, or whatever it is, you're just a channel.
The boom produces impoverishment. But still more disastrous are its moral ravages. It makes people despondent and dispirited. The more optimistic they were under the illusory prosperity of the boom, the greater is their despair and their feeling of frustration.
I shall argue that it is the capital stock from which we derive satisfaction, not from the additions to it (production) or the subtractions from it (consumption): that consumption, far from being a desideratum, is a deplorable property of the capital stock which necessitates the equally deplorable activity of production: and that the objective of economic policy should not be to maximize consumption or production, but rather to minimize it, i.e. to enable us to maintain our capital stock with as little consumption or production as possible.
Tone is always such an important thing, and that's achieved through a multitude of people. It comes through the writing, it comes through the way it's shot, and it comes through the production design and the sound design.
I went through life big-bang-banda-boom-bada-boom.
There's just no stopping me. I went through life big-bang-banda-boom-bada-boom.
No! Once the music plays, it creates me. The instruments move me, through me, they control me. Sometimes I'm uncontrollable and it just happens - boom, boom, boom! - once it gets inside you.
I hope our granddaughters and grandsons grow up knowing that they are not and have never been third-party observers of the priesthood. The blessings of the priesthood, which 'are available to men and women alike', are woven in and through and around their lives. Each of them is blessed by sacred ordinances, and each of them can enjoy the blessings of spiritual gifts by virtue of the priesthood.
German writings attain popularity through a great name, or through personalities, or through good connections, or through effort,or through moderate immorality, or through accomplished incomprehensibility, or through harmonious platitude, or through versatile boredom, or through constant striving after the absolute.
Contrary to any claim of a systematically “neutral” effect of taxation on production, the consequence of any such shortening of roundabout methods of production is a lower output produced. The price that invariably must be paid for taxation, and for every increase in taxation, is a coercively lowered productivity that in turn reduces the standard of living in terms of valuable assets provided for future consumption. Every act of taxation necessarily exerts a push away from more highly capitalized, more productive production processes in the direction of a hand-to-mouth-existence.
Through and through the world is infested with quantity: To talk sense is to talk quantities. It is no use saying the nation is large. . . . How large? It is no use saying the radium is scarce. . . . How scarce? You cannot evade quantity. You may fly to poetry and music, and quantity and number will face you in your rhythms and your octaves.
If I had more recreation time I would be able to step back and reflect on how life has changed. But it has been like a constant... boom, boom, boom, boom, boom!
I particularly remember the time I gave (the research director) my paper on the banking industry. I felt very proud of my work. However, he read through it and said, 'This is useless. What makes the stock go up and down?' That comment acted as a spur. Thereafter, I focused my analysis on seeking to identify the factors that were strongly correlated to a stock's price movement as opposed to looking at all the fundamentals. Frankly, even today, many analysts still don't know what makes their particular stocks go up and down.
The relationship between executive CEO pay, stock performance is tenuous and not easily unscrambled, just one of myriad factors that affect the price of a stock.
People have had to make up for their spiritual impoverishment by accumulating material things. When spiritual blessings come, material blessings seem unimportant. As long as we desire material things this is all we receive, and we remain spiritually impoverished.
You have to free yourself from your mental conditioning through association with the holy, through doing good works, through meditating, through laughter, through love and through solitude.
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