Quotes about exchange (640 quotes, page 6)

“Alexander Gardner who later became the Colonel of Artillery in the service of Maharaja Ranjit Singh, had travelled extensively in Central Asia from 1819 to 1823 C. E. He saw a lot of slave-catching in Kafiristan, a province of Afghanistan, which was largely inhabited by infields at that time. He found that the area had been reduced to “the lowest state of poverty and wretchedness” as a result of raids by the Muslim king of Kunduz for securing slaves and supplying them to the slave markets in Balkh and Bukhara. He writes:
“All this misery was caused by the oppression of the Kunduz chief, who not content with plundering his wretched subjects, made an annual raid into the country south of Oxus, and by chappaos (night attacks) carried off all the inhabitants on whom his troops could lay their hands. These, after the best had been selected by the chief and his courtiers, were publicly sold in the bazaars of Turkestan. The principal providers of this species of merchandise were the Khan of Khiva, the king of Bokhara (the great hero of the Mohammedan faith), and the robber beg of Kunduz.
“In the regular slave markets, or in transactions between dealers, it is the custom to pay for slaves in money; the usual medium being either Bokharan gold tillahs (in value about 5 or 51/2 Company rupees each), or in gold bars or gold grain. In Yarkand, or on the Chinese frontier, the medium is the silver khurup with the Chinese stamp, the value of which varies from 150 to 200 rupees each. The price of a male slave varies according to circumstances from 5 to 500 rupees. The price of the females also necessarily varies much, 2 tillahs to 10,000 rupees. Even the double the latter sum has been known to have been given.
“However, a vast deal of business is also done by barter, of which we had proof at the holy shrine of Pir-i-Nimcha, where we exchanged two slaves for a few lambs’ skins! Sanctity and slave dealing may be considered somewhat akin in the Turkestan region, and the more holy the person the more extensive are generally his transactions in flesh and blood.””

Alexander Gardner (soldier)

Alexander Gardner subsequently found a Muslim fruit merchant at Multan “who was proved by his own ledger to have exchanged a female slave girl for three ponies and seven long-haired, red-eyed cats, all of which he disposed of, no doubt to advantage, to the English gentlemen at this station.”
Memoirs of Alexander Gardner, edited by Major Hugh Pearce, first published in 1898, reprint published from Patiala in 1970, quoted from Lal, K. S. (1994). Muslim slave system in medieval India. New Delhi: Aditya Prakashan. Chapter 1

Money , Faith , Travel , Girl

“I actually don't like playing the piano or conducting the orchestra. There is always an exchange of energies, which is not even. It's one against 80.”

Joe Hisaishi (1950) Japanese composer and musician

Joe Hisaishi, who wrote music for Hayao Miyazaki's films https://www.scmp.com/lifestyle/arts-entertainment/article/1780283/studio-ghibli-composer-joe-hisaishi-talks-about-how,South China Morning Post

“The President’s proposed budget for FY 2015 under the N. E. P. or the National Expenditure Program amounts to P2.606 trillion, reflecting an increase of P341.372 billion or 15.07% higher than the Fiscal Year 2014 budget. It is anchored on a real GDP projection of 7-8%, an inflation rate of 2-4%, 364-day T-Bill rate of 2-4%, and a foreign exchange rate of P42-45 to the dollar.”

Francis Escudero (1969) Filipino politician

2014, Speech: Sponsorship Speech for the FY 2015 National Budget

“The most serious criticism of EMU is that by abandoning exchange rate adjustments it transfers to the labor market the task of adjusting for competitiveness and relative prices… losses in output and employment (and pressure on the European central bank to inflate) will predominate.”

Rudiger Dornbusch (1942–2002) German economist

Euro fantasies, 1996

Loss

“In spite of such limitations, the New Institutional Economics research programme, given its willingness to acknowledge the central role played by information in the economic process, constitutes a marked advance over what is on offer from the neoclassical orthodoxy. There, information retains the status of the luminiferous ether of classical physics before Einstein: a ubiquitous medium that admitted of a mechanical account of action at a distance and kept the world conveniently Newtonian.
Institutional economics, however, needs a more explicit and dynamic theory of information flows if it is to make more than a dent in the neoclassical defences. Having established that there exists credible institutional alternatives to markets, it needs to show how information production and exchange underpins them all, shaping their internal evolution as well as how they collaborate and compete. In effect, what is needed is a theory of social learning that extends beyond the individual or the organization to encompass more complex institutional settings. Such as theory, I believe, is foreshadowed in Douglas North’s historical studies of institutions. It now needs further development.”

Max Boisot (1943–2011) British academic and educator

Source: Information Space, 1995, p. 290; As cited in: Ortiz et al. (2006)

World , Study , Learning

“Love, as it exists in society, is nothing but the exchange of two fantasies and the contact of two skins.”

Nicolas Chamfort (1741–1794) French writer

L'amour, tel qu'il existe dans la société, n'est que l'échange de deux fantaisies et le contact de deux épidermes.
Maximes et pensées (1805), nr. 359

Love

“From the physical point of view the characteristic state of the living organism is that of an open system. A system is closed if no material enters or leaves it; it is open if there is import and export and, therefore, change of the components. Living systems are open systems, maintaining themselves in exchange of materials with environment, and in continuous building up and breaking down of their components.”

Ludwig von Bertalanffy (1901–1972) austrian biologist and philosopher

Von Bertalanffy (1950) " The Theory of Open Systems in Physics and Biology http://vhpark.hyperbody.nl/images/a/aa/Bertalanffy-The_Theory_of_Open_Systems_in_Physics_and_Biology.pdf" In: Science, January 13, 1950, Vol. 111. p. 23
1950s

Change

“Santo Domingo is fertile, and upon its soil may be grown just those tropical products of which the United States use so much, and which are produced or prepared for market now by slave labor almost exclusively, namely, sugar, coffee, dyewoods, mahogany, tropical fruits, tobacco, etc. About 75 per cent of the exports of Cuba are consumed in the United States. A large percentage of the exports of Brazil also find the same market. These are paid for almost exclusively in coin, legislation, particularly in Cuba, being unfavorable to a mutual exchange of the products of each country.”

Ulysses S. Grant (1822–1885) 18th President of the United States

1870s, Eighth State of the Union Address (1876)

Coffee , Country

“That there is a common cause, an that it is either what we call material progress or something closely connected with material progress, becomes more than an inference when it is noted that the phenomena we class together and speak of as industrial depression are but intensifications of phenomena which always accompany material progress, and which show themselves more clearly and strongly as material progress goes on. Where the conditions to which material progress everywhere tends are the most fully realized—that is to say, where population is densest, wealth greatest, and the machinery of production and exchange most highly developed — we find the deepest poverty, the sharpest struggle for existence, and the most of enforced idleness.”

Henry George book Progress and Poverty

Introductory : The Problem
Progress and Poverty (1879)

Wealth

“There was a sharp break in my life after 1953. I came to realize that I couldn't have the same relationships with my friends. Friendship involves the exchange of confidence between two people, but a king can take no one into his confidence. I have even had to put some distance between myself and my old friend Hossein Fardoust whom I trust implicitly. I even observe certain distances with members of my family. I had to tell my mother- who is a very dictatorial woman- that it would be better if she didn't ask me for favours for I might have to refuse her.”

Mohammad Reza Pahlavi (1919–1980) Shah of Iran

As quoted in Gérard de Villiers (1975), The Imperial Shah: An Informal Biography, page 273-274
Attributed

Life , Friendship , People , Family

“In 1966 there was a Scripture Rally in Trafalgar Square. A widower, Mr. Honick, went to it. He was about 63. A widow, Mrs. Rawnsley, also went. She was about 60. He went up to her and introduced himself. He was not much to look at. "He looked like a tramp," she said. "He has been picking up fag ends." They got on well enough, however, to exchange addresses. His was 36 Queen's Road, Waltham Cross, Hertfordshire. Hers was 74 Downton Avenue, Streatham Hill, London, S. W.2. Next day he went to her house with a gift for her. It was a rose wrapped in a newspaper. Afterwards their friendship grew apace. She was sorry for him, she said. She smartened him up with better clothes. She had him to meals. She went to his house: he went to hers. They wrote to one another in terms of endearment. We were not shown the letters, but counsel described them as love letters.”

Alfred Denning, Baron Denning (1899–1999) British judge

Burgess v. Rawnsley (1975) 30 P. & C.R. 221.
Judgments

Love , Friendship , Housing , Clothes

“All marriage is such a lottery -- the happiness is always an exchange -- though it may be a very happy one -- still the poor woman is bodily and morally the husband's slave. That always sticks in my throat. When I think of a merry, happy, and free young girl -- and look at the ailing aching state a young wife is generally doomed to -- which you can't deny is the penalty of marriage.”

Victoria of the United Kingdom (1819–1901) British monarch who reigned 1837–1901

Source: Letter (16 May 1860), published in Dearest Child: Letters Between Queen Victoria and the Princess Royal Previously Unpublished edited by Roger Fulfold (1964), p. 254. Also quoted in the article "Queen Victoria's Not So Victorian Writings" http://www.victoriana.com/doors/queenvictoria.htm by Heather Palmer (1997).

Marriage , Penalty , Girl , Thinking

“Someone out there was using the fact that stock market orders arrived at different times at different exchanges to front-run orders from one market to another.”

Michael Lewis book Flash Boys

Source: Flash Boys (2014), p. 50

Time

“We do not, however, reckon that trade disadvantageous which consists in the exchange of the hard-ware of England for the wines of France; and yet hard-ware is a very durable commodity, and were it not for this continual exportation, might too be accumulated for ages together, to the incredible augmentation of the pots and pans of the country. But it readily occurs that the number of such utensils is in every country necessarily limited by the use which there is for them; that it would be absurd to have more pots and pans than were necessary for cooking the victuals usually consumed there; and that if the quantity of victuals were to increase, the number of pots and pans would readily increase along with it, apart of the increased quantity of victuals being employed in purchasing them, or in maintaining an additional number of workman whose business it was to make them.”

Adam Smith (1723–1790) Scottish moral philosopher and political economist

Source: The Wealth of Nations (1776), Book IV, Chapter I, p. 471.

Age , Business , Wine , Cooking

“There are moments when we are incapable of exchanging a single word with anybody…it’s beyond us…”

Patrick Modiano (1945) French writer

Source: Honey Moon (1990), p. 26

“Then the irony of the situation forced itself upon me. There around us lay treasures enough to pay off a moderate national debt, or to build a fleet of ironclads, and yet we would have bartered them all gladly for the faintest chance of escape. Soon, doubtless, we should be rejoiced to exchange them for a bit of food or a cup of water, and, after that, even for the privilege of a speedy close to our sufferings. Truly wealth, which men spend their lives in acquiring, is a valueless thing at the last.”

H. Rider Haggard book King Solomon's Mines

Source: King Solomon's Mines (1885), Chapter 18, "We Abandon Hope"

Men , Food , Suffering , Water

“With me they get a solid foundation, the disciplines of learning. In my class they don't get away with hot air discussions and exchanging their opinions and describing their experiences. What opinions can they have? What have they experienced? What do they know? That's an affront! They learn what I know.”

Bel Kaufmanová book Up the Down Staircase

Part V, ch. 26 (Mary Lewis)
Up the Down Staircase (1965)

Learning

“By this sinister elision, this slipping from true remorse, the belief that the suffering we have precipitated ought to ennoble us, or at least make us less ignoble from then on, to disguised self-forgiveness, the belief that suffering in some way ennobles life, so that the precipitation of pain comes, by such a cockneyed algebra, to equal the ennoblement, or at any rate the enrichment, of life, by this characteristically twentieth-century retreat from content into form, from meaning into appearance, from ethics into aesthetics, from aqua into unda, I dulled the pain of that accusing death; and hardened myself, to say nothing of it at Bourani. I was still determined to tell Julie, but at the right time and place, when the exchange rate between confession and the sympathy it evoked looked very likely to be high.”

John Fowles book The Magus

Source: The Magus (1965), Ch. 52

Life , Death , Pain , Way

“Skepticism is the chastity of the intellect, and it is shameful to surrender it too soon or to the first comer: there is nobility in preserving it coolly and proudly through long youth, until at last, in the ripeness of instinct and discretion, it can be safely exchanged for fidelity and happiness.”

George Santayana book Scepticism and Animal Faith

The Works of George Santayana p. 65
Scepticism and Animal Faith (1923)

Youth , Happiness

“What was critical for the maintenance of pegged exchange rates, I argue in this book, was protection for governments from pressure to trade exchange rate stability for other goals.”

Barry Eichengreen Introduction

Source: Globalizing Capital (2008), Chapter 1. Introduction

Books

“Recall that democratic regimes in an exchange society are at one corner of the political triangle while totalitarian regimes with the coercive society they have constructed are at another. They therefore are at opposing ends of one side of the triangle, which is a continuum ranging from Freedom to Power.”

Rudolph Rummel (1932–2014) American academic

Source: Power Kills: Democracy as a Method of Nonviolence(1997), p. 204

Freedom

“ANARCHISM (from the Gr. ἅν, and άρχη, contrary to authority), the name given to a principle or theory of life and conduct under which society is conceived without government — harmony in such a society being obtained, not by submission to law, or by obedience to any authority, but by free agreements concluded between the various groups, territorial and professional, freely constituted for the sake of production and consumption, as also for the satisfaction of the infinite variety of needs and aspirations of a civilized being. In a society developed on these lines, the voluntary associations which already now begin to cover all the fields of human activity would take a still greater extension so as to substitute themselves for the state in all its functions. They would represent an interwoven network, composed of an infinite variety of groups and federations of all sizes and degrees, local, regional, national and international temporary or more or less permanent — for all possible purposes: production, consumption and exchange, communications, sanitary arrangements, education, mutual protection, defence of the territory, and so on; and, on the other side, for the satisfaction of an ever-increasing number of scientific, artistic, literary and sociable needs. Moreover, such a society would represent nothing immutable. On the contrary — as is seen in organic life at large — harmony would (it is contended) result from an ever-changing adjustment and readjustment of equilibrium between the multitudes of forces and influences, and this adjustment would be the easier to obtain as none of the forces would enjoy a special protection from the state.”

Peter Kropotkin (1842–1921) Russian zoologist, evolutionary theorist, philosopher, scientist, revolutionary, economist, activist, geogr…

Kropotkin's entry on "Anarchism" in the Encyclopædia Britannica (1910) http://dwardmac.pitzer.edu/Anarchist_Archives/kropotkin/britanniaanarchy.html

Life , Education , Law , Communication

“To consider social behavior as an exchange of goods may clarify the relations among four bodies of theory: behavioral psychology, economics, propositions about the dynamics of influence, and propositions about the structure of small groups.”

George C. Homans (1910–1989) American sociologist

Source: "Social Behavior as Exchange," 1958, p. 597; Article abstract

Behavior

“Common experience is the gold reserve which confers an exchange value on the currency which words are; without this reserve of shared experiences, all our pronouncements are cheques drawn on insufficient funds.”

René Daumal book A Night of Serious Drinking

Foreword
A Night of Serious Drinking (1938)

“And what fastens attention, in the intercourse of life, like any passage betraying affection between two parties? Perhaps we never saw them before, and never shall meet them again. But we see them exchange a glance, or betray a deep emotion, and we are no longer strangers. We understand them, and take the warmest interest in the development of the romance. All mankind love a lover.”

Ralph Waldo Emerson (1803–1882) American philosopher, essayist, and poet

Love
1840s, Essays: First Series (1841)

Love , Life , Lovers , Understanding

“On achieving their desired end
Human powers cease to function,
And the soul sees that what it thought was right
Was wrong. A new exchange occurs
At that point where all light disappears;
A new and unsought state is needed:
The soul has
what it did not love,
And is stripped of all it possessed, no matter how dear.”

Jacopone da Todi (1236–1306) Italian Franciscan mystic

The Lauds

Love , Soul , Light

“Queen Victoria on promotion of Lionel Rothschild to peerage: "It is not only the feeling, of which she cannot divest herself, against making a person of the Jewish religion, a Peer; but she cannot think that one who owes his great wealth to contracts with foreign Governments for Loans, or to successful speculation on the Stock Exchange, can fairly claim a British Peerage. However high Sir L. Rothschild may stand personally in public estimation, this seems to her not less a species of gambling because it is on a gigantic scale and far removed from that legitimate trading which she delights to honour, in which men have raised themselves by patient industry and unswerving probity to positions of wealth and influence."”

Victoria of the United Kingdom (1819–1901) British monarch who reigned 1837–1901

Gentile folly: the Rothschilds, by Arnold Leese.

Men , Religion , Feeling , Thinking

“Oh, and some nasty stuff in there! It looked to be a bite, almost. Holyfield is very unhappy, look at this! It looked as if Tyson bared his teeth at one stage in the exchange. He bit his ear! Well, feelings are running very, very hot indeed in there. Holyfield was outraged by that. Now what is the referee going to do about that? One point deduction for Tyson! One point deducted from Mike Tyson, for biting Holyfield's ear. Now, let's take a look again. Well, this is getting like a street fight.”

Ian Darke (1950) British association football and boxing commentator

Evander Holyfield vs. Mike Tyson II https://listenonrepeat.com/watch/?v=xlIOqypvT-g#Mike_Tyson_Bites_Holyfields_Ear_Clean_Off (28 June 1997).
1990s, 1997, Evander Holyfield vs. Mike Tyson II (June 1997)

Feeling , Fight

“In Plato's Republic, when the interlocutor of Socrates appears to bring certain plausible reasons to bear upon the mathematical sciences, to show that they are useful to human life, arithmetic for reckoning, distributions, contributions, exchanges, and partnerships, geometry for sieges, the founding of cities and sanctuaries, and the partition of land, music for festivals, entertainment, and the worship of the gods, and the doctrine of the spheres, or astronomy, for farming, navigation and other undertakings, revealing beforehand the proper procedure and suitable season, Socrates, reproaching him says: "You amuse me, because you seem to fear that these are useless studies that I recommend; but that is very difficult, nay, impossible. For the eye of the soul, blinded and buried by other pursuits, is rekindled and aroused again by these and these alone, and it is better that this be saved than thousands of bodily eyes, for by it alone is the truth of the universe beheld."”

Nicomachus (60–120) Ancient Greek mathematician

Nicomachus of Gerasa: Introduction to Arithmetic (1926)

Life , God , Truth , Fear

“We are working at putting the most modern technology in farms at Indian costs. I always say whatever the US implements in dollars we should be able to do it at exchange rate of Rs 10, then we would be globally competitive.”

Mukesh Ambani (1957) Indian business magnate

Mukesh Ambani on retail and SEZ plans

“It is always the teacher who must learn the most … or else nothing real has happened in the exchange.”

Kim Stanley Robinson book The Years of Rice and Salt

Book 2: "The Haj in the Heart", Ch. 5
The Years of Rice and Salt (2002)

Learning , Teachers

“Gay sex meant two hours of sexual pleasure in exchange for two hours of sexual pleasure. Heterosexual sex meant two hours of sexual pleasure in exchange for a lifetime of responsibility. Heterosexuality was a bad deal! The fear behind homophobia was that no one would be providing for the next generation. Everybody would be having fun. Thus fun became a sign of immaturity; hedonism in many forms became illegal.”

Warren Farrell book The Myth of Male Power

Source: The Myth of Male Power (1993), Part II: The Glass Cellars of the disposable sex, p. 208.

Pleasure , Fear , Sex

“Talcott Parsons, the "incurable theorist" in his own words,… brought together, in a systematic and generalized form, the main outlines of a conceptual scheme of social action and systems (e. g. 1951). His frame of reference focused on the description of the system of institutionalized roles, motivational process, economic exchange, political power and other Issues that according to his view should be included in a general sociological theory.”

Béla H. Bánáthy (1919–2003) Hungarian linguist and systems scientist

Béla H. Bánáthy (1985) Proceedings, Society for General Systems Research international. Vol 1. p. xxv

Motivation

“The dictionary definition of communication […] includes the communication of goods and supplies. […] But transport of goods is not communication in the sense we are adopting here, and does not raise the same subtle and difficult questions. What "goods" do we exchange when we send messages to one another?”

Colin Cherry (1914–1979) British scientist

"… symbols do not carry meaning as trucks carry coal. Their function is to select from alternatives within a given context." (paraphrased by Ernst Gombrich in his Inaugural Lecture at University College London in February 1957, and quoted in memory of Colin Cherry. http://www.gombrich.co.uk/showdoc.php?id=27
Reddy, Michael J. (1979). "The conduit metaphor: A case of frame conflict in our language about language," in: Andrew Ortony ed., Metaphor and Thought, Cambridge University Press. (See: Metalanguage)
The 'transmission' view of communication, as criticized in favor of the 'ritual' view by James Carey (1985) in: Communication as Culture: Essays on Media and Society (Boston: Unwin-Hyman).
Source: On Human Communication (1957), What Is It That We Communicate?, p. 9

Communication , Question , Sense

“But it will be asked, are we to have no banks? Are merchants and others to be deprived of the resource of short accommodations, found so convenient? I answer, let us have banks; but let them be such as are alone to be found in any country on earth, except Great Britain. There is not a bank of discount on the continent of Europe (at least there was not one when I was there) which offers anything but cash in exchange for discounted bills.”

Thomas Jefferson (1743–1826) 3rd President of the United States of America

ME 13:277
1810s, Letters to John Wayles Eppes (1813)

Country

“Procedure is not a unique feature of public administration. It is a concomitant of all organized activity, and many procedures are equally usable by private administration or public administration. Private as well as public "red tape" can be time-consuming and annoying to those affected, as anyone can testify who has tried to exchange a purchase without a sales slip or to cash a check without "proper identification.”

Dwight Waldo (1913–2000) American political scientist

Source: "Government by Procedure", 1946, p. 381-82; As cited in: Albert Lepawsky (1949), Administration, p. 595

Time

“There was a daily exchange of courtesies between our machine guns and the Germans' at stand-to; by removing cartridges from the ammunition-belt one could rap out the rhythm of the familiar prostitutes' call: "MEET me DOWN in PICC-a-DILL-y", to which the Germans would reply, though in slower tempo, because our guns were faster than theirs: "YES, with-OUT my DRAWERS ON!"”

Robert Graves (1895–1985) English poet and novelist

Source: Goodbye to All That (1929), Ch.16.

“We shall here define the market as a set of social institutions in which a large number of commodity exchanges of a specific type regularly take place, and to some extent are facilitated and structured by those institutions. Exchange as defined above, involves contractual agreement and the exchange of property rights, and the market consists in part of mechanisms to structure, organize and legitimate these activities. Markets, in short, are organized and institutionalized exchange. Stress is placed on those market institutions, which help to both regulate and establish a consensus over prices and, more generally, to communicate information regarding products, prices, quantities, potential buyers and potential sellers.”

Geoffrey Hodgson (1946) British economist

Source: Economics and Institutions, 1988, p. 174

Communication , Help , Parting

“Inspect every piece of pseudoscience and you will find a security blanket, a thumb to suck, a skirt to hold. What does the scientist have to offer in exchange? Uncertainty! Insecurity!”

Isaac Asimov (1920–1992) American writer and professor of biochemistry at Boston University, known for his works of science fiction …

Asimov's Guide to Science (1972), p. 15
General sources

“In figure 3 we show the money and domestic asset market equilibrium schedules for given stocks of each of the assets. Along MM the domestic money market is in equilibrium. Higher interest rates reduce money demand so that equilibrium requires a depreciation and thus a rise in the domestic currency value of foreign assets and - hence wealth. The exchange rate thus plays a balancing role by affecting the valuation of assets.”

Rudiger Dornbusch (1942–2002) German economist

Source: Open economy macroeconomics, 1980, p. 14

Money , Wealth

“The real crucial link in the international exchange is the last three feet, which is bridged by personal contact, one person talking to another.”

Edward R. Murrow (1908–1965) Television journalist

As quoted by Alexander Kendrick in Prime Time (1969)

Personality

“Whenever the current of money is forcibly stopped, and when money is prevented from settling at its just level, there are no limits to the possible variations of the exchange.”

David Ricardo (1772–1823) British political economist, broker and politician

Source: The Principles of Political Economy and Taxation (1821) (Third Edition), Chapter VII, On Foreign Trade, p. 91

Money

“Religion in most countries, more or less in every country, is no longer what it was, and should be,—a thousand-voiced psalm from the heart of Man to his invisible Father, the fountain of all Goodness, Beauty, Truth, and revealed in every revelation of these; but for the most part, a wise prudential feeling grounded on mere calculation; a matter, as all others now are, of Expediency and Utility; whereby some smaller quantum of earthly enjoyment may be exchanged for a far larger quantum of celestial enjoyment. Thus Religion too is Profit, a working for wages; not Reverence, but vulgar Hope or Fear.”

Thomas Carlyle (1795–1881) Scottish philosopher, satirical writer, essayist, historian and teacher

1820s, Signs of the Times (1829)

Truth , Fear , Religion , Beauty

“Their gaze met for a few seconds. The exchange was as warm and friendly as a pair of automated range finders getting a mutual target lock.”

Dan Abnett (1965) British comic book writer, novelist

[Dan Abnett, First & Only, Games Workshop, 2000, ISBN 0671783750]

“It is the most crucial responsibility of the Straits Exchange Foundation and the Association for Relations Across the Taiwan Straits to seek the biggest benefits for people on both sides. We will handle cross-strait affairs realistically and with patience.”

Lin Join-sane (1944) Taiwanese politician

Lin Join-sane (2013) cited in " SEF chair wants PRC tourists to transit in Taiwan http://www.taipeitimes.com/News/taiwan/archives/2013/06/22/2003565391" on Taipei Times, 22 June 2013.

People , Patience

“Will you suffer your soldier, captured in fighting your battles, to be in confinement for months rather than release him by giving for him that which you call a piece of property, and which we are willing to accept as a man? You certainly appear to place less value upon your soldier than you do upon your negro. I assure you, much as we of the North are accused of loving property, our citizens would have no difficulty in yielding up any piece of property they have in exchange for one of their brothers or sons languishing in your prisons.”

Benjamin Butler (politician) (1818–1893) Union Army general, lawyer, politician

As quoted in Autobiography and Personal Reminiscences of Major-General Benj. F. Butler https://books.google.com/books?id=0LIBAAAAMAAJ&pg=PA604 (1892), pp. 604–605

Love , Suffering , Appearance , Fight

“[While her father was a political prisoner in Cuba] I was always singing and dancing and reciting poems -- that was how I used to do my crying over my father. There were a lot of negotiations between the US and Cuban governments over the next couple of years [1961 - 1963]. [Castro proposed an exchange of prisoners for food, medicine and building machinery], and eventually my dad was released. It was wonderful to have him home -- it was probably the happiest time in my life. For once, the whole family was together, living a normal life. That was when my sister, Becky, was born [1964], and it was also when I started guitar lessons. I would lock myself away in my room for days, learning how to play. Even then I was beginning to work out that music was a way to cut throught all the BS.”

Gloria Estefan (1957) Cuban-American singer-songwriter, actress and divorciada

he [London] Sunday Times (November 17, 2006)
2007, 2008

Life , Family , Food , Music

“The interest slavery of the nation means the rule of the bank and stock-exchange. The breaking of interest slavery is by far the greatest task of National Socialism.”

Gottfried Feder (1883–1941) German economist and politician

Source: The German State on a National and Socialist Foundation (1923), p. 113

“The two sides of the Taiwan Strait will deepen cross-strait exchanges, and it will be difficult to continue such exchanges without representative offices.”

Ma Ying-jeou (1950) Taiwanese politician, president of the Republic of China

Ma Ying-jeou (2013) cited in: " Legislators stall cross-strait office draft http://www.taipeitimes.com/News/front/archives/2013/06/21/2003565291/2" in The Taipei Times, 21 June 2013.
Statement made at KMT Headquarter in commenting the stall negotiation in establishing reciprocal representative office across the Taiwan Strait, 20 June 2013.
Strait issues

“To take something from a person and keep it for oneself: that is robbery. To take something from one person and then turn it over to another in exchange for as much money as you can get: that is business. Robbery is so much more stupid, since it is satisfied with a single, frequently dangerous profit; whereas in business it can be doubled without danger.”

Octave Mirbeau (1848–1917) French journalist, art critic, travel writer, pamphleteer, novelist, and playwright

Garden of Tortures

Money , Stupidity , Business , Personality

“"They say that a military confrontation with Iran would undermine the efforts already underway, that it would be ineffective, and that it would provoke even more vindictive action by Iran. I've heard these arguments before. In fact, I've read them before. In my desk, I have copies of an exchange of letters between the World Jewish Congress and the US War Department. The year was 1944. The World Jewish Congress implored the American government to bomb Auschwitz. The reply came five days later. I want to read it to you: “Such an operation could be executed only by diverting considerable air support essential to the success of our forces elsewhere… and in any case would be of such doubtful efficacy that it would not warrant the use of our resources”… And here's the most remarkable sentence of all. And I quote: “Such an effort might provoke even more vindictive action by the Germans.” Think about that – “even more vindictive action””

Benjamín Netanyahu (1949) Israeli prime minister

than the Holocaust."
Speech at AIPAC Policy Conference in March 2012 http://www.aipac.org/pc/videos/2012/monday-gala-plenary/prime-minister-benjamin-netanyahu
2010s, 2012

War , World , Quotes , Support

“Now he began to see for the first time the unbelievable magnitude of what man, when he gained power to understand and rule the world in terms of dialectic truths, had lost. He had built empires of scientific capability to manipulate the phenomena of nature into enormous manifestations of his own dreams of power and wealth—but for this he had exchanged an empire of understanding of equal magnitude: an understanding of what it is to be a part of the world, and not an enemy of it.”

Robert M. Pirsig book Zen and the Art of Motorcycle Maintenance

Source: Zen and the Art of Motorcycle Maintenance (1974), Ch. 29

Truth , World , Dreams , Understanding

“Jazz, often called America's classical music, so influenced our culture that Americans named a decade after it. Like the country of its birth, jazz blends many traditions, such as African-American folk, rhythm and blues, French Creole classical form, and gospel. Through the creation and performance of music like jazz, black Americans were better able to exchange ideas freely across racial and cultural barriers. Before our Nation made significant strides in truly promoting equal justice and opportunity for all, black and white musicians in the genres of jazz, blues, and country played together in jam sessions, recording studios, and small bands. In many ways, their art preceded social change, allowing black and white musicians to meet as equals and to be judged on their musical ability, rather than the color of their skin. Their music also provided an outlet for African Americans to speak passionately and brilliantly to the rest of the Nation and the world.”

George W. Bush (1946) 43rd President of the United States

2000s, 2001, Black Music (June 2001)

World , Justice , Art , Music

“Now the "common something," which all exchangeable things contain, is neither more nor less than abstract utility, i.e. power of satisfying human desires.”

Philip Wicksteed (1844–1927) English economist

Pages 713–714.
"The Marxian Theory of Value: Das Kapital: A Criticism" (1884)
Context: It is true also that Marx elsewhere virtually defines value so as to make it essentially dependent upon human labour (p. 81 [43a]). But for all that his analysis is based on the bare fact of exchangeability. This fact alone establishes Verschiedenkeit and Ghichheit, heterogeneity and homogeneity. Any two things which normally exchange for each other, whether products of labour or not, whether they have, or have not, what we choose to call value, must have that "common something" in virtue of which things exchange and can be equated with each other; and all legitimate inferences as to wares which are drawn from the bare fact of exchange must be equally legitimate when applied to other exchangeable things. Now the "common something," which all exchangeable things contain, is neither more nor less than abstract utility, i. e. power of satisfying human desires. The exchanged articles differ from each other in the specific desires which they satisfy, they resemble each other in the degree of satisfaction which they confer. The Verschiedenheit is qualitative, the Gleichheit is quantitative.It cannot be urged that there is no common measure to which we can reduce the satisfaction derived from such different articles as Bibles and brandy, for instance (to take an illustration suggested by Marx), for as a matter of fact we are all of us making such reductions every day. If I am willing to give the same sum of money for a family Bible and for a dozen of brandy, it is because I have reduced the respective satisfactions their possession will afford me to a common measure, and have found them equivalent. In economic phrase, the two things have equal abstract utility for me. In popular (and highly significant) phrase, each of the two things is worth as much to me as the other.Marx is, therefore, wrong in saying that when we pass from that in which the exchangeable wares differ (value in use) to that in which they are identical (value in exchange), we must put their utility out of consideration, leaving only jellies of abstract labour. What we really have to do is to put out of consideration the concrete and specific qualitative utilities in which they differ, leaving only the abstract and general quantitative utility in which they are identical.This formula applies to all exchangeable commodities, whether producible in indefinite quantities, like family Bibles and brandy, or strictly limited in quantity, like the "Raphaels," one of which has just been purchased for the nation. The equation which always holds in the case of a normal exchange is an equation not of labour, but of abstract utility, significantly called worth. … A coat is made specifically useful by the tailor's work, but it is specifically useful (has a value in use) because it protects us. In the same way, it is made valuable by abstractly useful work, but it is valuable because it has abstract utility.

“So long as the system of competition in the production and exchange of the means of life goes on, the degradation of the arts will go on”

William Morris (1834–1896) author, designer, and craftsman

"Art Under Plutocracy" (1883).
Context: So long as the system of competition in the production and exchange of the means of life goes on, the degradation of the arts will go on; and if that system is to last for ever, then art is doomed, and will surely die; that is to say, civilization will die.

Life , Art

“What his vision of free commodity exchange omits are the constraints that governed the selection of particular commodities, and the political and military sanctions used to ensure the continuation of quiet asymmetrical exchanges that benefited one party while diminishing the assets of another.”

Eric Wolf (1923–1999) American anthropologist

Source: Europe and the People Without History, 1982, Chapter 11, The Movement of Commodities, p. 314.
Context: Where Adam Smith and David Ricardo had envisaged a growing worldwide division of labor, they had thought that each country would freely select the commodities it was most qualified to produce, and that each would exchange its optimal commodity for the optimal commodity of others. Thus in Ricardo's example, Britain would send Portugal its textiles, while Britons would consume Portuguese wines in turn. What his vision of free commodity exchange omits are the constraints that governed the selection of particular commodities, and the political and military sanctions used to ensure the continuation of quiet asymmetrical exchanges that benefited one party while diminishing the assets of another.

“It is human nature to want to exchange ideas, and I believe that, at bottom, every artist wants no more than to tell the world what he has to say. I have sometimes heard painters say that they paint 'for themselves': but I think they would soon have painted their fill if they lived on a desert island.”

M. C. Escher (1898–1972) Dutch graphic artist

1950's, On Being a Graphic Artist', 1953
Context: It is human nature to want to exchange ideas, and I believe that, at bottom, every artist wants no more than to tell the world what he has to say. I have sometimes heard painters say that they paint 'for themselves': but I think they would soon have painted their fill if they lived on a desert island. The primary purpose of all art forms, whether it's music, literature, or the visual arts, is to say something to the outside world; in other words, to make a personal thought, a striking idea, an inner emotion perceptible to other people’s senses in such a way that there is no uncertainty about the maker's intentions.

World , Idea , Nature , Thinking

“Diogenes maintains that tyrants do not bring about revolutions in cities, and foment wars civil or foreign for the sake of a simple diet of vegetables and fruits, but for costly meats and the delicacies of the table. And, strange to say, Epicurus, the defender of pleasure, in all his books speaks of nothing but vegetables and fruits; and he says that we ought to live on cheap food because the preparation of sumptuous banquets of flesh involves great care and suffering, and greater pains attend the search for such delicacies than pleasures the consumption of them. … Persons who feed on flesh want also gratifications not found in flesh. But they who adopt a simple diet do not look for flesh. … The soul greatly exults when you are content with little: you have the world beneath your feet, and can exchange all its power, its feasts, and its lusts, the objects for which men rake money together, for common food, and make up for them all with a sack-cloth shirt.”

Jerome (345–420) Catholic saint and Doctor of the Church

Book II, 11
Adversus Jovinianum

Men , Money , Pain , War

“In such a position of things, the United States cannot exchange with Europe on equal terms,”

Alexander Hamilton Report on Manufactures

Report on Manufactures (1791)
Context: If the system of perfect liberty to industry and commerce were the prevailing system of nations, the arguments which dissuade a country in the predicament of the United States, from the zealous pursuits of manufactures would doubtless have great force. (...) But the system which has been mentioned, is far from characterising the general policy of Nations. The prevalent one has been regulated by an opposite spirit. The consequence of it is, that the United States are to a certain extent in the situation of a country precluded from foreign Commerce. They can indeed, without difficulty obtain from abroad the manufactured supplies, of which they are in want; but they experience numerous and very injurious impediments to the emission and vent of their own commodities. (...) In such a position of things, the United States cannot exchange with Europe on equal terms, and the want of reciprocity would render them the victim of a system, which should induce them to confine their views to Agriculture and refrain from Manufactures. A constant and increasing necessity, on their part, for the commodities of Europe, and only a partial and occasional demand for their own, in return, could not but expose them to a state of impoverishment, compared with the opulence to which their political and natural advantages authorise them to aspire.

“The equation which always holds in the case of a normal exchange is an equation not of labour, but of abstract utility, significantly called worth.”

Philip Wicksteed (1844–1927) English economist

Pages 713–714.
"The Marxian Theory of Value: Das Kapital: A Criticism" (1884)
Context: It is true also that Marx elsewhere virtually defines value so as to make it essentially dependent upon human labour (p. 81 [43a]). But for all that his analysis is based on the bare fact of exchangeability. This fact alone establishes Verschiedenkeit and Ghichheit, heterogeneity and homogeneity. Any two things which normally exchange for each other, whether products of labour or not, whether they have, or have not, what we choose to call value, must have that "common something" in virtue of which things exchange and can be equated with each other; and all legitimate inferences as to wares which are drawn from the bare fact of exchange must be equally legitimate when applied to other exchangeable things. Now the "common something," which all exchangeable things contain, is neither more nor less than abstract utility, i. e. power of satisfying human desires. The exchanged articles differ from each other in the specific desires which they satisfy, they resemble each other in the degree of satisfaction which they confer. The Verschiedenheit is qualitative, the Gleichheit is quantitative.It cannot be urged that there is no common measure to which we can reduce the satisfaction derived from such different articles as Bibles and brandy, for instance (to take an illustration suggested by Marx), for as a matter of fact we are all of us making such reductions every day. If I am willing to give the same sum of money for a family Bible and for a dozen of brandy, it is because I have reduced the respective satisfactions their possession will afford me to a common measure, and have found them equivalent. In economic phrase, the two things have equal abstract utility for me. In popular (and highly significant) phrase, each of the two things is worth as much to me as the other.Marx is, therefore, wrong in saying that when we pass from that in which the exchangeable wares differ (value in use) to that in which they are identical (value in exchange), we must put their utility out of consideration, leaving only jellies of abstract labour. What we really have to do is to put out of consideration the concrete and specific qualitative utilities in which they differ, leaving only the abstract and general quantitative utility in which they are identical.This formula applies to all exchangeable commodities, whether producible in indefinite quantities, like family Bibles and brandy, or strictly limited in quantity, like the "Raphaels," one of which has just been purchased for the nation. The equation which always holds in the case of a normal exchange is an equation not of labour, but of abstract utility, significantly called worth. … A coat is made specifically useful by the tailor's work, but it is specifically useful (has a value in use) because it protects us. In the same way, it is made valuable by abstractly useful work, but it is valuable because it has abstract utility.

“Labour, therefore, is the real measure of the exchangeable value of all commodities”

Adam Smith (1723–1790) Scottish moral philosopher and political economist

Source: The Wealth of Nations (1776), Book I, Chapter V.
Context: Every man is rich or poor according to the degree in which he can afford to enjoy the necessaries, conveniences, and amusements of human life. But after the division of labour has once thoroughly taken place, it is but a very small part of these with which a man's own labour can supply him. The far greater part of them he must derive from the labour of other people, and he must be rich or poor according to the quantity of that labour which he can command, or which he can afford to purchase. The value of any commodity, therefore, to the person who possesses it, and who means not to use or consume it himself, but to exchange it for other commodities, is equal to the quantity of labour which it enables him to purchase or command. Labour, therefore, is the real measure of the exchangeable value of all commodities.

“Every man is a V.I.P., because he has divine worth. That was revealed when "Love came down at Christmas." A scientist said, making a plea for exchange scholarships between nations, "The best way to send an idea is to wrap it up in a person." That was what happened at Christmas. The idea of divine love was wrapped up in a person.”

Halford E. Luccock (1885–1960) American Methodist minister

Whoops! It's Christmas (1959)
Context: The central core of truth is that Christmas turns everything upside down, the upside of heaven come down to earth. The Christmas story puts a new value on every man. He is not a thing to be used, not a chemical accident, not an educated ape. Every man is a V. I. P., because he has divine worth. That was revealed when "Love came down at Christmas." A scientist said, making a plea for exchange scholarships between nations, "The best way to send an idea is to wrap it up in a person." That was what happened at Christmas. The idea of divine love was wrapped up in a person.

Love , Way , Idea , Christmas

“If everything is scheduled in terms of one selected commodity it is indefinitely easier than it would otherwise be to realise the terms on which alternatives are open to us; and if any man defines his marginal estimate of anything he possesses in terms of this standard commodity any other member of the community will at once know whether or not it stands higher on his own scale than on the other's, and therefore whether or not the conditions for a mutually advantageous exchange exist.”

Philip Wicksteed book The Common Sense of Political Economy

Pages 135–138.
The Common Sense of Political Economy (1910), Systematic and Constructive (Book I), "Money and Exchange" (ch. 4)
Context: In a great and complex industrial society direct reciprocity of services will not be the rule. I, Robinson, may (as before) want to have my old potatoes preserved and may not have the conveniences and capacities which give me exceptional qualifications for the task; whereas you, Jones, may have what I want; but I may have no relatively superior opportunities for rendering any corresponding service to you. I may, however, know Brown, who is good at growing the new potatoes you like, but has no special taste for them; and he may want nets mending or making, to put over his fruit-trees. I may, through physical constitution, acquired skill, or any other circumstance, be relatively better qualified, or in a better position, for making or mending nets than for either growing new potatoes or preserving old ones, and so I may do netting for Brown and get new potatoes, not because I want them myself, but because I know you want them, and I can barter them with you for the old potatoes you have preserved. Here I make nets which (relatively to the trouble of making them) I do not want, and I give them to Brown for new potatoes that I do not (relatively) want either, because I know that you who want new potatoes will give old potatoes for them, to which old potatoes I do attach a value that compensates me for the work I put into the nets. Or if you know about Brown and his tastes, you may give me old potatoes for my nets, not because you want nets, but because you want new potatoes and know that Brown, who has them, will give them to you in exchange for nets. Thus each is making what some one else wants in order to get what he wants himself. Further, if it is a fruit-growing and market-gardening country, you, without knowing any specific Brown who has new potatoes and wants nets, and without indeed there being any such person at all, may be willing to give me old potatoes for nets because you are pretty certain of finding a Smith somewhere who has new potatoes and will give them to you on suitable terms in exchange for nets, not because he wants nets either, but because he, in his turn, will by-and-by want cherries, which he does not grow, but expects to be able to get in exchange for nets from Williams. We need not carry the illustration any further to see that any article which is well known to be valued by a large and easily accessible class of persons may be taken habitually in exchange for valued commodities, although those who take it do not want it for their own use, and it does not, on its own merits, occupy such a place on their relative scale as would justify the exchange. All that is necessary is that there should be a confident expectation of finding some one on whose relative scale it does take such a place. The derivative value that such an article will possess in the mind of a man who has no direct use for it will depend on the direct value which it is conjectured to have in the mind of some accessible though not definitely identified individual or individuals. If there is some article of very generally recognised value which actually takes its place, as directly significant, on the scales of a great number of people, it may come to be generally accepted, without any special calculation or consideration, by people who are not thinking of any use they may have for it themselves, but are aware that it occupies a sufficiently high relative place on the scales of others to recoup them for what they give in exchange for it. As soon as this custom begins to be well established it will automatically extend and confirm itself, and the commodity in question will become a "currency" or "medium of exchange," the special characteristic of a medium of exchange being that it is accepted by a man who does not want it, or does not want it as much as what he gives for it, in order that he may exchange it for something he wants more. If I have some potatoes and should prefer some cherries, and give my potatoes for some nets, which I do not want as much, because I know that some one else has the cherries and will prefer nets to them, then the nets are a "medium" by the intervention of which I can, at two removes, exchange my potatoes for the cherries, though I cannot find any one who has the cherries and will give them to me for the potatoes. Postage stamps often serve as a medium of exchange, because a large and easily accessible class of persons are constantly wanting the services that the stamps will command. Tram tickets, when issued in books, might and to a limited extent do serve as a medium of exchange in the same manner. Cook's coupons might easily pass as a medium of exchange amongst travellers on the Continent; and if the railway companies issued their dividends in the shape of claims for such and such a mileage of travelling on their lines the certificates would be readily accepted in exchange by people who had no intention of travelling themselves, if they could make sure of finding people who did want to travel and would give them valuables in exchange for the claims. It is a matter of common knowledge that cattle still perform this function of a medium of exchange in South Africa, and books tell us that furs were long used as currency by the traders on Hudson Bay, and tobacco by the planters in Virginia.Concurrently with these developments, or perhaps in advance of them, the custom will grow up of estimating the marginal significance of things in terms of the generally accepted article even when the article does not pass from hand to hand in exchanges. There is more evidence in the Homeric poems of the valuation of female slaves, of tripods, or of gold or brass armour, in terms of so many head of cattle, than there is of any direct transfer of cattle in payment for other goods. The convenience of such a standardising of values is obvious. If everything is scheduled in terms of one selected commodity it is indefinitely easier than it would otherwise be to realise the terms on which alternatives are open to us; and if any man defines his marginal estimate of anything he possesses in terms of this standard commodity any other member of the community will at once know whether or not it stands higher on his own scale than on the other's, and therefore whether or not the conditions for a mutually advantageous exchange exist.In England the functions of a standardising commodity and of a medium of exchange are both alike performed by gold. Gold is applied to a vast number of purposes in the arts and sciences, and were it more abundant it would replace other metals in many more. Consequently a great number of easily accessible persons actually give a relatively high place to gold on their scales of preference, in virtue of its direct significance to them. It is established by custom (and, so far as that is possible, by law) as the universally accepted commodity; and at the same time it is used as the common measure in terms of which our estimates of all exchangeable things may be stated.

Communication

“I can do which I like, and whichever way I decide, no more energy is developed in the fall of the weight. I strike a match; I can use it to light a cigarette or to set fire to a house. I write a telegram; it may be simply to say I shall be late for dinner, or it may produce fluctuations on the stock exchange that will ruin thousands. In these cases the actual force required in striking the match or in writing the telegram is governed by the law or conservation of energy; but the vastly more momentous part, which determines the words I use or the material I ignite, is beyond such a law.”

William Crookes (1832–1919) British chemist and physicist

Address to the Society for Psychical Research (1897)
Context: The clock runs down. I lift the weight by exerting the proper amount of energy, and in this action the law of conservation of energy is strictly obeyed. But now I have the choice of either letting the weight fall free in a fraction of a second, or, constrained by the wheelwork, in twenty-four hours. I can do which I like, and whichever way I decide, no more energy is developed in the fall of the weight. I strike a match; I can use it to light a cigarette or to set fire to a house. I write a telegram; it may be simply to say I shall be late for dinner, or it may produce fluctuations on the stock exchange that will ruin thousands. In these cases the actual force required in striking the match or in writing the telegram is governed by the law or conservation of energy; but the vastly more momentous part, which determines the words I use or the material I ignite, is beyond such a law. It is probable that no expenditure of energy need be used in the determination of direction one way more than another. Intelligence and free will here come into play, and these mystic forces are outside the law of conservation of energy as understood by physicists.

Law , Way , Light , Parting

“For private property is sacred, and no one can be prohibited from buying, selling, exchanging or mortgaging shares, etc.”

Vladimir Lenin (1870–1924) Russian politician, led the October Revolution

Source: Imperialism, The Highest Stage of Capitalism (1917), Chapter Three
Context: All the rules of control, the publication of balance sheets, the drawing up of balance sheets according ot a definite form, the public auditing of accounts, the things about which well-intentioned professors and officials - that is, those imbued with he good intention of defending and embellishing capitalism - discourse to the public, are of no avail. For private property is sacred, and no one can be prohibited from buying, selling, exchanging or mortgaging shares, etc.

“If a soul is born with divine intelligence, and has its lips touched with hallowed fire, in consecration for high enterprises under the sun, this young soul will find the question asked of him by England every hour and moment: "Canst thou turn thy human intelligence into the beaver sort, and make honest contrivance, and accumulation of capital by it? If so, do it; and avoid the vulpine kind, which I don't recommend. Honest triumphs in engineering and machinery await thee; scrip awaits thee, commercial successes, kingship in the counting-room, on the stock-exchange;—thou shalt be the envy of surrounding flunkies, and collect into a heap more gold than a dray-horse can draw. "—"Gold, so much gold?"”

Thomas Carlyle (1795–1881) Scottish philosopher, satirical writer, essayist, historian and teacher

answers the ingenuous soul, with visions of the envy of surrounding flunkies dawning on him; and in very many cases decides that he will contract himself into beaverism, and with such a horse-draught of gold, emblem of a never-imagined success in beaver heroism, strike the surrounding flunkies yellow. This is our common course; this is in some sort open to every creature, what we call the beaver career; perhaps more open in England, taking in America too, than it ever was in any country before. And, truly, good consequences follow out of it: who can be blind to them? Half of a most excellent and opulent result is realized to us in this way; baleful only when it sets up (as too often now) for being the whole result.
1850s, Latter-Day Pamphlets (1850), Stump Orator (May 1, 1850)

Soul , Intelligence , Question , Success

“I say: "What’s your name?" … I touch them. I look at them. I have a real exchange …”

Frances McDormand (1957) American actress

The New York Times interview (2017)
Context: I was never that involved in the machine of press and publicity as an actor because I’ve always kind of worked on the margins of my profession … And then when my son was younger and it did get a little bit more intrusive, I tried to come to terms with how I was personally going to handle someone coming up to me on the street and wanting some part of my time. … Now what I do — because this is how I live — when someone approaches me and says, "Can I have your autograph," I say: "No, I’ve retired from that part of the business. I just act now." … I say: "What’s your name?" … I touch them. I look at them. I have a real exchange … I’m not an actor because I want my picture taken. I’m an actor because I want to be part of the human exchange.

“Marx is, therefore, wrong in saying that when we pass from that in which the exchangeable wares differ (value in use) to that in which they are identical (value in exchange), we must put their utility out of consideration, leaving only jellies of abstract labour. What we really have to do is to put out of consideration the concrete and specific qualitative utilities in which they differ, leaving only the abstract and general quantitative utility in which they are identical.”

Philip Wicksteed (1844–1927) English economist

Pages 713–714.
"The Marxian Theory of Value: Das Kapital: A Criticism" (1884)
Context: It is true also that Marx elsewhere virtually defines value so as to make it essentially dependent upon human labour (p. 81 [43a]). But for all that his analysis is based on the bare fact of exchangeability. This fact alone establishes Verschiedenkeit and Ghichheit, heterogeneity and homogeneity. Any two things which normally exchange for each other, whether products of labour or not, whether they have, or have not, what we choose to call value, must have that ""common something"" in virtue of which things exchange and can be equated with each other; and all legitimate inferences as to wares which are drawn from the bare fact of exchange must be equally legitimate when applied to other exchangeable things. Now the ""common something,"" which all exchangeable things contain, is neither more nor less than abstract utility, i. e. power of satisfying human desires. The exchanged articles differ from each other in the specific desires which they satisfy, they resemble each other in the degree of satisfaction which they confer. The Verschiedenheit is qualitative, the Gleichheit is quantitative.It cannot be urged that there is no common measure to which we can reduce the satisfaction derived from such different articles as Bibles and brandy, for instance (to take an illustration suggested by Marx), for as a matter of fact we are all of us making such reductions every day. If I am willing to give the same sum of money for a family Bible and for a dozen of brandy, it is because I have reduced the respective satisfactions their possession will afford me to a common measure, and have found them equivalent. In economic phrase, the two things have equal abstract utility for me. In popular (and highly significant) phrase, each of the two things is worth as much to me as the other.Marx is, therefore, wrong in saying that when we pass from that in which the exchangeable wares differ (value in use) to that in which they are identical (value in exchange), we must put their utility out of consideration, leaving only jellies of abstract labour. What we really have to do is to put out of consideration the concrete and specific qualitative utilities in which they differ, leaving only the abstract and general quantitative utility in which they are identical.This formula applies to all exchangeable commodities, whether producible in indefinite quantities, like family Bibles and brandy, or strictly limited in quantity, like the ""Raphaels,"" one of which has just been purchased for the nation. The equation which always holds in the case of a normal exchange is an equation not of labour, but of abstract utility, significantly called worth. … A coat is made specifically useful by the tailor's work, but it is specifically useful (has a value in use) because it protects us. In the same way, it is made valuable by abstractly useful work, but it is valuable because it has abstract utility.

“Our political economy and our high-energy industry run on large, general principles, on ideas — not by day-to-day guess work, expedients and improvisations. Ideas have to go into exchange to become or remain operative; and the medium of such exchange is the printed word.”

William F. Buckley Jr. (1925–2008) American conservative author and commentator

"Publisher's Statement", in the first issue of National Review (19 November 1955).
Context: Radical conservatives in this country have an interesting time of it, for when they are not being suppressed or mutilated by Liberals, they are being ignored or humiliated by a great many of those of the well-fed Right, whose ignorance and amorality have never been exaggerated for the same reason that one cannot exaggerate infinity.
There are, thank Heaven, the exceptions. There are those of generous impulse and a sincere desire to encourage a responsible dissent from the Liberal orthodoxy. And there are those who recognize that when all is said and done, the market place depends for a license to operate freely on the men who issue licenses — on the politicians. They recognize, therefore, that efficient getting and spending is itself impossible except in an atmosphere that encourages efficient getting and spending. And back of all political institutions there are moral and philosophical concepts, implicit or defined. Our political economy and our high-energy industry run on large, general principles, on ideas — not by day-to-day guess work, expedients and improvisations. Ideas have to go into exchange to become or remain operative; and the medium of such exchange is the printed word.

Idea

“There is a phase of this matter which is both interesting and serious. The farmer has always produced the foodstuffs to exchange with the city dweller for the other necessities of life. This division of labor is the basis of modern civilization. At the present time it is threatened with breakdown.”

George Marshall (1880–1959) US military leader, Army Chief of Staff

The Marshall Plan Speech (1947)
Context: There is a phase of this matter which is both interesting and serious. The farmer has always produced the foodstuffs to exchange with the city dweller for the other necessities of life. This division of labor is the basis of modern civilization. At the present time it is threatened with breakdown. The town and city industries are not producing adequate goods to exchange with the food-producing farmer. Raw materials and fuel are in short supply. Machinery is lacking or worn out. The farmer or the peasant cannot find the goods for sale which he desires to purchase. So the sale of his farm produce for money which he cannot use seems to him an unprofitable transaction. He, therefore, has withdrawn many fields from crop cultivation and is using them for grazing. He feeds more grain to stock and finds for himself and his family an ample supply of food, however short he may be on clothing and the other ordinary gadgets of civilization. Meanwhile, people in the cities are short of food and fuel, and in some places approaching the starvation levels. So the governments are forced to use their foreign money and credits to procure these necessities abroad. This process exhausts funds which are urgently needed for reconstruction. Thus a very serious situation is rapidly developing which bodes no good for the world.

Life , Time

“Philosophy, like some people, was prepared to accept boredom in exchange for certainty as it grew to middle age”

Susan Neiman (1955) American academic

Evil in Modern Thought: An alternative history of philosophy (2002)
Context: The picture of modern philosophy as centered in epistemology and driven by the desire to ground our representations is so tenacious that some philosophers are prepared to bite the bullet and declare the effort simply wasted. Rorty, for example, finds it easier to reject modern philosophy altogether than to reject the standard accounts of its history. His narrative is more polemical than most, but it's a polemical version of the story told in most philosophy departments in the second half of the twentieth century. The story is one of tortuously decreasing interest. Philosophy, like some people, was prepared to accept boredom in exchange for certainty as it grew to middle age.

People , Age

“There are two methods, or means, and only two, whereby man's needs and desires can be satisfied. One is the production and exchange of wealth; this is the economic means. The other is the uncompensated appropriation of wealth produced by others; this is the political means.”

Albert Jay Nock (1870–1945) American journalist

Source: Our Enemy, the State (1935), p. 59
Context: There are two methods, or means, and only two, whereby man's needs and desires can be satisfied. One is the production and exchange of wealth; this is the economic means. The other is the uncompensated appropriation of wealth produced by others; this is the political means. The primitive exercise of the political means was, as we have seen, by conquest, confiscation, expropriation, and the introduction of a slave-economy. The conqueror parcelled out the conquered territory among beneficiaries, who thenceforth satisfied their needs and desires by exploiting the labour of the enslaved inhabitants. The feudal State, and the merchant-State, wherever found, merely took over and developed successively the heritage of character, intention and apparatus of exploitation which the primitive State transmitted to them; they are in essence merely higher integrations of the primitive State.
The State, then, whether primitive, feudal or merchant, is the organization of the political means. Now, since man tends always to satisfy his needs and desires with the least possible exertion, he will employ the political means whenever he can – exclusively, if possible; otherwise, in association with the economic means.

Wealth

“If there is some article of very generally recognised value which actually takes its place, as directly significant, on the scales of a great number of people, it may come to be generally accepted, without any special calculation or consideration, by people who are not thinking of any use they may have for it themselves, but are aware that it occupies a sufficiently high relative place on the scales of others to recoup them for what they give in exchange for it. As soon as this custom begins to be well established it will automatically extend and confirm itself, and the commodity in question will become a "currency" or "medium of exchange," the special characteristic of a medium of exchange being that it is accepted by a man who does not want it, or does not want it as much as what he gives for it, in order that he may exchange it for something he wants more.”

Philip Wicksteed book The Common Sense of Political Economy

Pages 135–138.
The Common Sense of Political Economy (1910), Systematic and Constructive (Book I), "Money and Exchange" (ch. 4)
Context: In a great and complex industrial society direct reciprocity of services will not be the rule. I, Robinson, may (as before) want to have my old potatoes preserved and may not have the conveniences and capacities which give me exceptional qualifications for the task; whereas you, Jones, may have what I want; but I may have no relatively superior opportunities for rendering any corresponding service to you. I may, however, know Brown, who is good at growing the new potatoes you like, but has no special taste for them; and he may want nets mending or making, to put over his fruit-trees. I may, through physical constitution, acquired skill, or any other circumstance, be relatively better qualified, or in a better position, for making or mending nets than for either growing new potatoes or preserving old ones, and so I may do netting for Brown and get new potatoes, not because I want them myself, but because I know you want them, and I can barter them with you for the old potatoes you have preserved. Here I make nets which (relatively to the trouble of making them) I do not want, and I give them to Brown for new potatoes that I do not (relatively) want either, because I know that you who want new potatoes will give old potatoes for them, to which old potatoes I do attach a value that compensates me for the work I put into the nets. Or if you know about Brown and his tastes, you may give me old potatoes for my nets, not because you want nets, but because you want new potatoes and know that Brown, who has them, will give them to you in exchange for nets. Thus each is making what some one else wants in order to get what he wants himself. Further, if it is a fruit-growing and market-gardening country, you, without knowing any specific Brown who has new potatoes and wants nets, and without indeed there being any such person at all, may be willing to give me old potatoes for nets because you are pretty certain of finding a Smith somewhere who has new potatoes and will give them to you on suitable terms in exchange for nets, not because he wants nets either, but because he, in his turn, will by-and-by want cherries, which he does not grow, but expects to be able to get in exchange for nets from Williams. We need not carry the illustration any further to see that any article which is well known to be valued by a large and easily accessible class of persons may be taken habitually in exchange for valued commodities, although those who take it do not want it for their own use, and it does not, on its own merits, occupy such a place on their relative scale as would justify the exchange. All that is necessary is that there should be a confident expectation of finding some one on whose relative scale it does take such a place. The derivative value that such an article will possess in the mind of a man who has no direct use for it will depend on the direct value which it is conjectured to have in the mind of some accessible though not definitely identified individual or individuals. If there is some article of very generally recognised value which actually takes its place, as directly significant, on the scales of a great number of people, it may come to be generally accepted, without any special calculation or consideration, by people who are not thinking of any use they may have for it themselves, but are aware that it occupies a sufficiently high relative place on the scales of others to recoup them for what they give in exchange for it. As soon as this custom begins to be well established it will automatically extend and confirm itself, and the commodity in question will become a "currency" or "medium of exchange," the special characteristic of a medium of exchange being that it is accepted by a man who does not want it, or does not want it as much as what he gives for it, in order that he may exchange it for something he wants more. If I have some potatoes and should prefer some cherries, and give my potatoes for some nets, which I do not want as much, because I know that some one else has the cherries and will prefer nets to them, then the nets are a "medium" by the intervention of which I can, at two removes, exchange my potatoes for the cherries, though I cannot find any one who has the cherries and will give them to me for the potatoes. Postage stamps often serve as a medium of exchange, because a large and easily accessible class of persons are constantly wanting the services that the stamps will command. Tram tickets, when issued in books, might and to a limited extent do serve as a medium of exchange in the same manner. Cook's coupons might easily pass as a medium of exchange amongst travellers on the Continent; and if the railway companies issued their dividends in the shape of claims for such and such a mileage of travelling on their lines the certificates would be readily accepted in exchange by people who had no intention of travelling themselves, if they could make sure of finding people who did want to travel and would give them valuables in exchange for the claims. It is a matter of common knowledge that cattle still perform this function of a medium of exchange in South Africa, and books tell us that furs were long used as currency by the traders on Hudson Bay, and tobacco by the planters in Virginia.Concurrently with these developments, or perhaps in advance of them, the custom will grow up of estimating the marginal significance of things in terms of the generally accepted article even when the article does not pass from hand to hand in exchanges. There is more evidence in the Homeric poems of the valuation of female slaves, of tripods, or of gold or brass armour, in terms of so many head of cattle, than there is of any direct transfer of cattle in payment for other goods. The convenience of such a standardising of values is obvious. If everything is scheduled in terms of one selected commodity it is indefinitely easier than it would otherwise be to realise the terms on which alternatives are open to us; and if any man defines his marginal estimate of anything he possesses in terms of this standard commodity any other member of the community will at once know whether or not it stands higher on his own scale than on the other's, and therefore whether or not the conditions for a mutually advantageous exchange exist.In England the functions of a standardising commodity and of a medium of exchange are both alike performed by gold. Gold is applied to a vast number of purposes in the arts and sciences, and were it more abundant it would replace other metals in many more. Consequently a great number of easily accessible persons actually give a

Quotes about exchange page 6

Quotes about exchange
page 6