Trade Quotes - Page 2

When the state itself is held to the same moral standards as everyone else, it dies. And that's a wonderful thing.

Every step which leads from capitalism toward planning is necessarily a step nearer to absolutism and dictatorship.

The valuations which result in determination of definite prices are different. Each party attaches a higher value to the good he receives than to that he gives away. The exchange ratio, the price, is not the product of equality of valuation, but on the contrary, the product of a discrepancy in valuation.

Entrepreneurship is all about making life easier for humanity, while money becomes a bye-product.

Why anarchy? Because anything less would be uncivilized.

It is the consumers who make poor people rich and rich people poor.

Whenever someone starts talking about 'fair competition' or indeed, about 'fairness' in general, it is time to keep a sharp eye on your wallet, for it is about to be picked.

Just as war is the natural consequence of monopoly, peace is the natural consequence of liberty.

Money is not an invention of the state. It is not the product of a legislative act. Even the sanction of political authority is not necessary for its existence. Certain commodities came to be money quite naturally, as the result of economic relationships that were independent of the power of the state.

Socialism is not really an option in the material world. There can be no collective ownership of anything materially scarce. One or another faction will assert control in the name of society. Inevitably, the faction will be the most powerful in society -- that is, the state. This is why all attempts to create socialism in scarce goods or services devolve into totalitarian systems of top-down planning.

I'm in a hole because at some point I found a shovel and started digging. Maybe I should trade my shovels for ladders and start climbing.

Entrepreneurial capitalism takes more people out of poverty than aid.

I think, ladies and gentlemen, and I particularly address those of you who have a socialist outlook, that we should at least permit this socialist economy to prove its superiority. Let's allow it to show that it is advanced, that it is omnipotent, that it has defeated you, that it has overtaken you. Let us not interfere with it. Let us stop selling to it and giving it loans. If it's all that powerful, then let it stand on its own feet for ten or fifteen years. Then we will see what it looks like. I can tell you what it will look like. I am being quite serious now. When the Soviet economy will no longer be able to deal with everything, it will have to reduce its military preparations. It will have to abandon the useless space effort and it will have to feed and clothe its own people. And the system will be forced to relax. Thus, all I ask of you is that as long as this Soviet economy is so proud, so flourishing, and yours is so rotten and so moribund—stop helping it. When has a cripple ever helped along an athlete?

He has not shown the special interest in reading that we should like to see but he likes shop work. George H. W. Bush's parents on his Andover application

The problems on campus life today are not about free speech. They are about how the students have absolutely nothing to do with their lives but sit and listen to lectures, find the best parties to attend, and otherwise discover first-world problems to stew about and protest. That's the root of the problem. This is not a commercial environment where people are incentivized to find value in each other. Campuses have become completely artificial 4-year holding tanks for infantilized kids with zero experience in actual life in which people find ways to get along. These students are not serving each other in a market exchange, and very few have worked at day in their lives, so their default is to find some offense and protest. It's all they've been taught to do and all they know how to do. Idle hands and parents' money = trouble.

It was Thomas Edison who brought us electricity, not the Sierra Club. It was the Wright brothers who got us off the ground, not the Federal Aviation Administration. It was Henry Ford who ended the isolation of millions of Americans by making the automobile affordable, not Ralph Nader. Those who have helped the poor the most have not been those who have gone around loudly expressing 'compassion' for the poor, but those who found ways to make industry more productive and distribution more efficient, so that the poor of today can afford things that the affluent of yesterday could only dream about.

As the several items can be exchanged, they must be equal; but in what terms? Not in pounds, yards, or hours; they are equal in value. Then what is wanted is a unit of value to reckon by.

Knowledge was scattered treasure, education organized it into art, commerce and science.

She'd always been a little contemptuous of beauty, as though it was something you had to trade away some other vital thing for.

Socialism, or communism as it is sometimes called, is merely a secular religion, where the State becomes a god.

The value of a thing is what that thing will bring. -Legal Maxim

Peace, commerce, and honest friendship with all nations...entangling alliances with none

Ships are my arrows, the sea my bow, the world my target.

It must be remembered that a vast majority of mankind’s history has been spent living under the rule of tyrants and authoritarians. The ideas of Liberty are very new when you consider the big picture. By contrast, various forms of socialism and fascism have been adopted over and over again. Be wary of those who try to present these old and tired ideas as something new and exciting. Liberty and free markets are the way forward if we truly desire peace and prosperity.

What ranks above all else for economic and political reconstruction is a radical change of ideologies. Economic prosperity is not so much a material problem; it is, first of all, an intellectual, spiritual, and moral problem.

Thus, since an individual cannot lawfully use force against the person, liberty, or property of another individual, then the common force — for the same reason — cannot lawfully be used to destroy the person, liberty, or property of individuals or groups.

Never Underestimate. Just as in any other negotiation, watching before acting is as important as listening before speaking. It's doubly important in China, however, where customs are time-honored and breaches of protocol not so quickly forgiven.

There is not the slightest analogy between playing games and the conduct of business within a market society. The card player wins money by outsmarting his antagonist. The businessman makes money by supplying customers with goods they want to acquire.

Employment bargains your life and time for a piece of currency

Libertarians make no exceptions to the golden rule and provide no moral loophole, no double standard, for government.