" Principles for Dealing with the Changing World Order by Ray Dalio https://www.youtube.com/watch?v=xguam0TKMw8" (at 6m43s), Principles by Ray Dalio, 2 March 2022.
“There is a value called “mind” as there is a value oil, wheat, or gold. … One can invest in that value, one can “follow” it as they say on the stock exchange; one can watch its fluctuations in I know not what price list which is the world’s general opinion of it. … All these rising and falling values constitute the great market of human affairs. And of these the unfortunate value mind does not stop falling.”
Source: Regards sur le monde actuel [Reflections on the World Today] (1931), p. 161
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Paul Valéry 89
French poet, essayist, and philosopher 1871–1945Related quotes
"An Artistic Impression" (1909) in Style and Idea (1985), p. 190
before 1930
Source: On the Fetish Character in Music and the Regression of Listening (1938), p. 279
Source: Adventures of a White-Collar Man. 1941, p. 103
The Necessary Angel (1951), Imagination as Value
Context: What the poet has in mind... is that poetic value is an intrinsic value. It is not the value of knowledge. It is not the value of faith. It is the value of imagination. The poet tries to exemplify it, in part as I have tried to exemplify it here, by identifying it with an imaginative activity that diffuses itself throughout our lives.
Source: A History of Economic Thought (1939), Chapter III, The Founders Of Political Economy, p. 135
Le Commerce et le Gouvernement (1776), as quoted in Marx's Capital, Vol. I, Ch. 5.
… It is not to be assumed that we offer for sale articles required for our own consumption. … We wish to part with a useless thing, in order to get one that we need; we want to give less for more. … It was natural to think that, in an exchange, value was given for value, whenever each of the articles exchanged was of equal value with the same quantity of gold. … But there is another point to be considered in our calculation. The question is, whether we both exchange something superfluous for something necessary.
Le Commerce et le Gouvernement (1776), as quoted in Marx's Capital, Vol. I, Ch. 5.