Profit Quotes - Page 40

• Buying and selling securities on the Stock Exchange do not start new industries. Big business never starts anything new. It merely absorbs, consolidates and profits at the expense of others.

  Franklin D. Roosevelt

  Buying, Selling, Bigs

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• The clergy, no less than the capitalist class, lives on the backs of the people, profits from the degradation, the ignorance and the oppression of the people.

  Rosa Luxemburg

  Ignorance, Class, People

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• The 'defense' budget is three quarters of a trillion dollars. Profits went up last year well over 25%. I guarantee you: when war becomes that profitable, we're going to see more of it.

  Chalmers Johnson

  War, Years, Dollars

  "Why We Fight", www.imdb.com. 2005.

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• It is very hard to stay in touch with our true identity because those who want our money, our time, and our energy profit more from our insecurity and fears than from our inner freedom.

  Henri Nouwen

  True Identity, Insecurity, Want

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• Civilisation and profits go hand in hand.

  Calvin Coolidge

  Hands, Civilisation, Hand In Hand

  Speech in New York, 27 November 1920, in 'New York Times' 28 November 1920, p. 20

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• People of Baghdad, remember for 26 generations you have suffered under strange tyrants who have ever endeavoured to set one Arab house against another in order that they might profit by your dissensions. This policy is abhorrent to Great Britain and her Allies for there can be neither peace nor prosperity where there is enmity or misgovernment. Our armies do not come into your cities and lands as conquerors or enemies, but as liberators.

  Frederick Stanley Maude

  Army, Land, Cities

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• It profits me but little, after all, that a vigilant authority always protects the tranquility of my pleasures and constantly averts all dangers from my path, without my care or concern, if this same authority is the absolute master of my liberty and my life.

  Alexis de Tocqueville

  Liberty, Care, Littles

  Alexis de Tocqueville (1870). “American Institutions”, p.116

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• Let us only take heed that this office of Christ is not set before us in vain. It will profit us nothing at the last day that Jesus was a Shepherd, if during our lifetime, we never heard His voice and followed Him. If we love life, let us join His flock without delay.

  J. C. Ryle

  Jesus, Love Life, Voice

  J.C. Ryle (2015). “Bible commentary - The gospel of John”, p.178, Editora Dracaena

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• One of the dirty little secrets of the stock market rally is that the rising corporate profits that powered it are largely phantom profits. They are artifacts of currency devaluation, not an increase in efficiency or production of goods and services.

  Charles Hugh Smith

  Dirty, Secret, Rising

  "Phantom Profits Will Vanish As The Dollar Strengthens" by Charles Hugh Smith, www.businessinsider.com. February 22, 2012.

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• Size of industry, concentration of market, or production notwithstanding, the consumer is best served when the businessman is completely free to pursue his profit goals.

  John Pugsley

  Goal, Size, Concentration

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• The profit motive promotes economic growth by creating better products at cheaper prices.

  Mark Skousen

  Creating, Growth, Economic

  Mark Skousen (2013). “Economic Logic Fourth Edition”, p.674, Regnery Publishing

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• Most of Marx's predictions have failed to materialize, and his labor theory of value and other ideas have been proven wrong. Marx failed to recognize the incentive system built into the capitalist model - consumer choice and the profit motive of the entrepreneur. The irony is that capitalism, not socialism or Marxism, that has liberated the worker from the chains of poverty, monopoly, war, and oppression, and has better achieved Marx's vision of a millennium of hope, peace, abundance, leisure, and aesthetic expression for the 'full' human being.

  Mark Skousen

  War, Expression, Ideas

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• Capitalism offers nothing but frustrations and rebuffs to those who wish - because of claimed superiority of intelligence, birth, credentials, or ideals - to get without giving, to take without risking, to profit without sacrifice, to be exalted without humbling themselves to understand others and meet their needs.

  George Gilder

  Sacrifice, Frustration, Giving

  George Gilder (1985). “The Spirit of Enterprise”, Simon & Schuster

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• The elimination of profit, whatever methods may be resorted to for its execution, must transform society into a senseless jumble. It would create poverty for all.

  Ludwig von Mises

  May, Poverty, Execution

  Ludwig Von Mises, Murray Newton Rothbard (1980). “Planning for freedom, and sixteen other essays and addresses”, Libertarian Press, Incorporated

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• Passion, interest, or caprice, suggested daily motives for the dissolution of marriage; a word, a sign, a message, a letter, the mandate of a freedman, declared the separation; the most tender of human connections was degraded to a transient society of profit or pleasure.

  Edward Gibbon

  Passion, Connections, Letters

  Edward Gibbon (2016). “EDWARD GIBBON Premium Collection: Historiographical Works, Memoirs & Letters: Including "The History of the Decline and Fall of the Roman Empire”, p.2148, e-artnow

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• If the present American laws concerning the taxation of the profits of corporations, the incomes of individuals, and inheritances had been introduced about 60 years ago, all those new products whose consumption has raised the standard of living of the 'common man' would either not be produced at all or only in small quantities for the benefit of a minority. The Ford enterprises would not exist if Henry Ford's profits had been taxed away as soon as they came into being.

  Ludwig von Mises

  Men, Years, Law

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• It is all too easy for the liberal media to stir up the irrational hatreds of millions of people, who see themselves as less fortunate than others, by repeatedly talking about eh billions of dollars in 'windfall profits' earned by major corporations, by featuring periodic stories on the opulent living of wealthy individuals, or by pointing an accusing finger at 'loopholes' used by 'the rich.'

  Robert Ringer

  Media, Talking, People

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• The bad consequences of a government program usually don't show up immediately. And the delay may be long enough to hide the connection between the program and its results. So government never has to say it's sorry - never has to take responsibility for ht misery it causes. Instead it can blame everything on personal greed, profit-hungry corporations, and the 'private sector.' And the government's cure for the problems is to impose bigger programs, more regulation and higher taxes.

  Harry Browne

  Sorry, Responsibility, Government

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• Many of the wonderful achievements of the 20th century were the result of the pursuit of profits. Unfortunately, demagoguery has led to profits becoming a dirty word. Nonprofit is seen as more righteous, particularly when people pompously stand before us and declare, 'We're a nonprofit organization.'

  Walter E. Williams

  Dirty, Organization, People

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• No private enterprise will ever fall prey to bureaucratic methods of management if it is operated with the sole aim of making profit.

  Ludwig von Mises

  Fall, Management, Prey

  Ludwig Von Mises (1969). “Bureaucracy”, ICON Group International

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• Nothing is more difficult than to make a profit.

  James Cook

  Difficult

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• All people, entrepreneurs as well as non-entrepreneurs, look askance upon any profits earned by other people. Envy is a common weakness of men. People are loath to acknowledge the fact that they themselves could have earned profits if they had displayed the same foresight and judgment the successful businessman did.

  Ludwig von Mises

  Successful, Men, Envy

  Ludwig Von Mises (1974). “Planning for freedom, and twelve other essays and addresses”

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• I should also mention that the Neue Galerie is piping music into the galleries where "Klee and America" is hanging, a practice for which vulgar is not even close to the word. Yes, I like Schumann's Carnaval, but I'm damned if I know why anybody thinks the paintings of Paul Klee profit from being viewed with Carnaval playing in the background.

  Terry Teachout

  Thinking, Practice, America

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• I am out of step with present conditions. When the game is no longer played your way, it is only human to say the new approach is all wrong, bound to lead to trouble, and so on. On one point, however, I am clear. I will not abandon a previous approach whose logic I understand ( although I find it difficult to apply ) even though it may mean foregoing large, and apparently easy, profits to embrace an approach which I don't fully understand, have not practiced successfully, and which possibly could lead to substantial permanent loss of capital.

  Warren Buffett

  Mean, Loss, Games

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• Typically, we make money when we buy things. We count the profits later, but we know we have captured them when we buy the bargain.

  Seth Klarman

  Making Money, Captured, Knows

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