A Quote by Thomas Malthus
It is a mere futile process to exchange one set of commodities for another, if the parties; after this new distribution of goods has taken place, are not better off than they were before.
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Adam Smith's key insight was that both parties to an exchange can benefit and that, so long as cooperation is strictly voluntary, no exchange can take place unless both parties do benefit.
Americans have learned to trust free markets. Republican or Democrat, we believe the unimpeded exchange of goods and services will yield better solutions than five-year plans set by even the most well-meaning public servants.
One man's larceny is another's just distribution of goods.
Fairness means not to use fraud and trickery in the exchange of commodities and services and the exchange of feelings.
I often wonder why the West is much more interested in aid deliveries than in fair trade, for example. The fair exchange of goods would place far more money into the hands of the affected people than relief operations.
We've had one of these before, when the dot-com bubble burst. What I told our company was that we were just going to invest our way through the downturn, that we weren't going to lay off people, that we'd taken a tremendous amount of effort to get them into Apple in the first place; the last thing we were going to do is lay them off.
The invention of photography provided a radically new picture-making process - a process based not on synthesis but on selection. The difference was a basic one. Paintings were made - constructed from a storehouse of traditional schemes and skills and attitudes - but photographs, as the man on the street put, were taken.
A state is not a mere society, having a common place, established for the prevention of mutual crime and for the sake of exchange. Political society exists for the sake of noble actions, and not mere companionship.
If nations always moved from one set of furnished rooms to another - and always into a better set - things might be easier, but the trouble is that there is no one to prepare the new rooms. The future is worse than the ocean - there is nothing there.
I've taken a few public hits in my career, and I never hid the pain of it from my children. Nor did I hide the regrouping and rethinking that occurred after each one. After all, that process allowed me to re-emerge and go on to build a more impactful - and more engaging - career path than the one I had been knocked off of.
Even the reporting of news has to be understood not as propaganda for any particular ideology, liberal or conservative, but as propaganda for commodities — for the replacement of things by commodities, use values by exchange values, and events by images.
I do not think commodities are taken for granted. One of the convergences in time I noticed, and to me seemed very important, was the emergence of paper money. There had been permissionary notes, exchanging money by writing it, but there was no duplicated form of guaranteeing an exchange.
If nations always moved from one set of furnished rooms to another -- and always into a better set -- things might be easier, but the trouble is that there is no one to prepare the new rooms. The future is worse than the ocean -- there is nothing there. It will be what men and circumstances make it.
In the midst of all dwells the Sun. For who could set this luminary in another or better place in this most glorious temple, than whence he can at one and the same time brighten the whole.
Introverts, in contrast, may have strong social skills and enjoy parties and business meetings, but after a while wish they were home in their pajamas. They prefer to devote their social energies to close friends, colleagues, and family. They listen more than they talk, think before they speak, and often feel as if they express themselves better in writing than in conversation. They tend to dislike conflict. Many have a horror of small talk, but enjoy deep discussions.
I set my goals way higher than the achievable. And when I fail, I fail at a very high level. That's my process. It's really demented, but it actually works. When you are aiming really high and doing something new, you must be also prepared to fail, learn from your mistakes and begin with a new plan. More motivated than before.
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