A Quote by Thomas Sowell

To the economically illiterate, if some company makes a million dollars in profit, this means that their products cost a million dollars more than they would have without profits. It never occurs to such people that these products might cost several million dollars more without the incentives to be efficient created by the prospect of profits.

Thomas Sowell

Quote Topics

Company Cost Created Dollars Economically Efficient Illiterate Incentives Makes Means Might Million Million Dollars More Never Occurs People Products Profit Profits Prospect Several Some Than Without Would

Quote Author

Thomas Sowell
American - Economist
Born: June 30, 1930

I had a teammate whose motto was, 'If I make a million dollars, I must spend a million dollars.' I was like, 'If I make a million dollars, I'm hoping I can keep a million dollars.'

Robert Horry

I think, it was like 30 million dollars the Libertarians talk about that it cost them to get on the ballot. We don't have 30 million dollars. We're a people powered campaign.

Jill Stein

100 million dollars used to be the limit of what a movie might cost; now they routinely cost 300 million. Sooner or later, spectacle is just going to have to find a new way to exist.

Matthew Specktor

I was worth about over a million dollars when I was 23 and over ten million dollars when I was 24, and over a hundred million dollars when I was 25 and... it wasn't that important — because I never did it for the money.

Steve Jobs

If you told me to sit in a room, and you had a million dollars cash stacked right there and said, 'Don't move, don't twitch, don't do anything,' without a doubt, the million dollars would be mine.

Tim Howard

Nobody in TV makes as much money as Robert Redford, who likes to make movies for several million dollars only on the condition that they contain some sort of social message. I cannot take very seriously a social message delivered by an actor who is paid nine million dollars to deliver it, and who charges you five dollars to see it.

David Brinkley

Many people say, "When I get a million dollars, then I'll be happy because I'll have security," but that's not necessarily so. Most people who acquire a million dollars want another and then another. Or they could be like a good friend of mine who made and lost every dime of a million dollars. It didn't bother him a bit. He wasn't excited about it, but he explained to me, "Zig, I still know everything necessary to make another million dollars, and I've learned what to do not to lost it. I'll simply go back to work and earn it again.

Zig Ziglar

I think 'Cyrus' has a lot of fat in it. It was a $7 million movie. If you're going to make a movie with famous people, you don't necessarily need to spend 7 million dollars. Make it for less than that, and you'll be able to sell it and make a ton more than that, and everybody shares the profits.

Mark Duplass

Comparatively few people know what a million dollars actually is. To the majority it is a gaseous concept, swelling or decreasing as the occasion suggests. In the minds of politicians, perhaps more than anywhere, the notion of a million dollars has this accordion-like ability to expand or contract; if they are disposing of it, the million is a pleasing sum, reflecting warmly upon themselves; if somebody else wants it, it becomes a figure of inordinate size, not to be compassed by the rational mind.

Robertson Davies

Kind words cost you nothing but are sometimes worth more than a million dollars.

Omar Suleiman

Money doesn't always bring happiness. People with ten million dollars are no happier than people with nine million dollars.

Hobart Brown

How is it possible that a process can be democratic when it comes by way of money? If there is money then it can be elected a senator, it can be elected a representative. Do you know how much it cost to be elected president of the United States? The amount has reached, billions of dollars, 2 billion, 3 billion, 4 billion dollars, that's how much a presidential campaign costs. How much does a senatorial campaign cost? It costs 80 to 90 million dollars; or the campaign of a representative, 40 to 50 million. Is that really a democracy?