Trade Quotes - Page 38

• Every restriction of trade creates vested interests that are from then on opposed to its removal.

  Ludwig von Mises

  Restriction, Interest, Removal

  Ludwig von Mises (2013). “The Theory of Money and Credit”, p.255, Skyhorse Publishing, Inc.

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• "Cap and trade" is just about the most effective tool for controlling most economic activity short of openly declaring ourselves a communist nation and it's a radical environmentalist's dream come true.

  Walter E. Williams

  Dream, Tools, Communist

  Walter E. Williams (2015). “American Contempt for Liberty”, p.274, Hoover Institution Press

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• If government were less important in our lives, politicians would have fewer goodies to trade. In return, we'd have more money and more freedom.

  John Stossel

  Government, Important, Return

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• At least half of the popular fallacies about economics come from assuming that economic activity is a zero-sum game, in which what is gained by someone is lost by someone else. But transactions would not continue unless both sides gained, whether in international trade, employment, or renting an apartment.

  Thomas Sowell

  Zero, Games, Employment

  "Random Thoughts" by Thomas Sowell, www.realclearpolitics.com. June 13, 2006.

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• The way I look at it, everything is a trade. You acquire some money, so then you've got no financial burdens, but everyone wants your money and so who can you trust? Or you've got no money and you can trust anyone, but then you've got the worry to pay bills. Which is worse?

  Matt LeBlanc

  Worry, Looks, Want

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• In a world dependent on international trade and commerce, and staggering under a heavy load of international debt, no policy is more destructive than protectionism. It cuts off markets, eliminates trade, causes unemployment in the export industries all over the world, depresses the prices of export commodities, especially farm products of the United States. It is the crowning folly of government intervention.

  Hans F. Sennholz

  Depressing, Cutting, Government

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• What private property does is connect effort to reward, creating an incentive for people to produce for more. Then, if there's a free market, people will trade their surpluses to others for the things they lack. Mutual exchange for mutual benefit makes the community richer.

  John Stossel

  Mutual Benefit, Creating, People

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• The message from history is so blatantly obvious - that free trade causes mutual prosperity while protectionism causes poverty - that it seems incredible that anybody ever thinks otherwise. There is not a single example of a country opening its borders to trade and ending up poorer.

  Matt Ridley

  Country, Thinking, Example

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• Free trade has been proven, time and again, as a reliable path to economic development. It pushes the public and private sectors alike toward greater accountability and transparency. It lifts people out of poverty, and while it can force unsettling changes on a society, those changes prove to be worthwhile in a very short time.

  Jonah Goldberg

  People, Accountability, Development

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• If you own a wonderful business...the best thing to do is keep it. All you're going to do is trade your wonderful business for a whole bunch of cash, which isn't as good as the business, and you got the problem of investing in other businesses, and you probably paid a tax in between. So my advice to anybody who owns a wonderful business is keep it.

  Warren Buffett

  Advice, Investing, Cash

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• We're perfectly willing to trade away a big payoff for a certain payoff.

  Warren Buffett

  Bigs, Payoff, Certain

  "Why Won't Buffett Invest in Tech Stocks?". The Motley Fool, www.fool.com. March 06, 2000.

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• You can hire your advisor and then just apply a windage factor, like I used to do when I was a rifle shooter. I'd just adjust for so many miles an hour wind. Or you can learn the basic elements of your advisor's trade. You don't have to learn very much, by the way, because if you learn just a little then you can make him explain why he's right.

  Charlie Munger

  Wind, Rifles, Elements

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• Historically speaking, religious and conservative groups always wanted the control over the private sphere that impacts women most, as reflected by family law and women's access to resources and mobility. And often secular groups traded this for economic incentives and trade.

  Zainab Salbi

  Religious, Impact, Law

  Source: www.truth-out.org

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• The latest trade of a security creates a dangerous illusion that its market price approximates its true value. This mirage is especially dangerous during periods of market exuberance. The concept of "private market value" as an anchor to the proper valuation of a business can also be greatly skewed during ebullient times and should always be considered with a healthy degree of skepticism.

  Seth Klarman

  Anchors, Healthy, Degrees

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• Like the stocks of both Berkshire and Wesco to trade within hailing distance of what we think of as intrinsic value. When it runs up, we try to talk it down. That's not at all common in Corporate America, but that's the way we act.

  Charlie Munger

  Running, Distance, Thinking

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• The book trade is a spiritual barometer of a nations well-being.

  John Buchan

  Spiritual, Book, Barometer

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• Literature nowadays is a trade... the successful man of letters is your skilful tradesman. He thinks first and foremost of the markets.

  George Gissing

  Successful, Men, Thinking

  George Gissing (2015). “New Grub Street”, p.7, Booklassic

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• The most exciting fight I have called on HBO was the first meeting between Arturo Gatti and Micky Ward. When I stood up to do the post-fight on camera, my stomach muscles were tight and sore from the tension of watching them take their lives into their hands and trade shots.

  Jim Lampley

  Fighting, Hbo, Hands

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• There is no escape from the vast imbalances in international trade and finance. They will be corrected, sooner or later, by the inexorable principles that govern human action.

  Hans F. Sennholz

  Principles, Imbalance, Action

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• Free trade or the free market means the sovereignty of the consumer.

  Faustino Ballve

  Mean, Free Market, Sovereignty

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• Wealth comes from the production and exchange of goods and services. If someone efficiently produces a good that many people willingly trade their money for, he becomes wealthy.

  Sheldon Richman

  People, Wealth, Produce

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• Imagine a senator running for president whose positions included halving the military budget, socializing the medical system, re-regulating the communications and electrical industries, establishing a guaranteed minimum income for all Americans, and equalizing funding for all schools regardless of property valuations - and who promised to fire Alan Greenspan, counseled withdrawal from the World Trade Organization, and, for good measure, spoke warmly of adolescent sexual experimentation. That was Barry Goldwater, conservative.

  Rick Perlstein

  Running, Military, Communication

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• Sanctions are not diplomacy. They are a precursor to war and an embarrassment to a country that pays lip service to free trade.

  Ron Paul

  Country, War, Pay

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• Those willing to trade freedom for certainty are certain to find the cure worse than the ailment.

  Richard Paul Evans

  Cures, Certain, Willing

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• Complexity and obscurity have professional value - they are the academic equivalents of apprenticeship rules in the building trades. They exclude the outsiders, keep down the competition, preserve the image of a privileged or priestly class. The man who makes things clear is a scab. He is criticized less for his clarity than for his treachery.

  John Kenneth Galbraith

  Men, Class, Competition

  John Kenneth Galbraith (1980). “Annals of an Abiding Liberal”, Plume

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