Quotes about price
page 10

“And I will always do my duty no matter what the price
I've counted up the cost, I know the sacrifice.
Oh, and I don't want to die for you,
But if dyin's asked of me,
I'll bear that cross with honor,
'Cause freedom don't come free.I'm an American soldier, an American
Beside my brothers and my sisters I will proudly take a stand
When Liberty's in jeopardy, I will always do what's right
I'm out here on the front line
Sleep in peace tonight
American soldier, I'm an American soldier.”

Toby Keith (1961) American country music singer and actor

American Soldier.
Song lyrics, Shock'n Y'all (2003)

Peace, Sister, Sleep, Freedom

“Shall I tell you what I have seen in Venice? Right – here goes. Take a boat along the Seine to the Quai des Orfevres, or opposite the Tuileries [Paris] and you will see Venice. For the Museums, go to the Louvre, For Veronese, go to the Louvre,- but not for Tiepolo, whom I didn't know; only it is a bit dear at the price. No – that isn't true; it is very, very beautiful, when the weather is fine. The lagoon and San Marco – splendid; the Doges' palace, splendid. As for the rest, I'd rather have Saint German l'Auxerrois.”

Pierre-Auguste Renoir (1841–1919) French painter and sculptor

Source: 1880's, Renoir – his life and work, 1975, p. 159-160 : in a letter to madame Charpentier, Autumn 1881

Beauty, Weather

“The aim of this book is to try to explain to top management of America that their job is to improve competitive position. One need not be an economist to understand from the papers that many American products are not competitive at home or abroad, lost to foreign invasion, causing unemployment at home. Failure of management to plan for the future and to foresee problems has nurtured waste of manpower, of materials and of machine time, all of which raise the manufacturers costs and the price the purchaser must pay. The consumer is not always willing to subsidize this waste.”

W. Edwards Deming (1900–1993) American professor, author, and consultant

Source: Quality, Productivity and Competitive Position, (1982), p. i; Preface

Books, Home, Failure, Understanding

“She'll let you in her house
If you come knockin' late at night.
She'll let you in her mouth
If the words you say are right.
If you pay the price,
She'll let you deep inside.
But there's a secret garden she hides.”

Bruce Springsteen (1949) American singer and songwriter

"Secret Garden"
Song lyrics, Singles

Secret, Housing, Night

“Private shops [in Soviet Russia]... are taxed higher than co-operatives, are granted less favorable concessions, and enjoy a grudging legality. Nevertheless, their owners often make a great deal of money. The only explanation for it is the shortage of goods and the hunger for them. When one asks for the explanation of such a phenomenon in an agricultural country one is told: The government is exporting grain, the milk or egg price is too low and the peasants are holding back.”

Dorothy Thompson (1893–1961) American journalist and radio broadcaster

Source: "The New Russia" 1928, p. 23

Money, Hunger, Country

“The fellow is whimsical and varys his prices every day; and he that has a mind to have any of his works must not seem too fond of it, for he' be ye worse treated for it both in price and painting too.”

Owen Swiny (1676–1754) Irish theatre manager

quoted by George A. Simonson in [Antonio Canal, The Burlington Magazine, January 1922, 40, 226, https://babel.hathitrust.org/cgi/pt?id=coo.31924015109949;view=1up;seq=49, 36–41] (quote from pp. 39–40, taken from a letter by Owen Swiny to the 2nd Duke of Richmond, concerning Canaletto)

Painting

“I want a revamped feminism. Putting the vamp back means the lady must be a tramp. My generation of Sixties rebels wanted to smash the bourgeois codes that had become the authoritarian totems of the Fifties. The 'nice' girl with her soft, sanitized speech and decorous manners had to go. Thirty years later, we're still stuck with her — in the official spokesmen and the anointed heiresses of the feminist establishment… Equal opportunity feminism, which I espouse, demands the removal of all barriers to woman's advance in the political and professional world — but not at the price of special protections for women which are infantilizing and anti-democratic.”

Camille Paglia (1947) American writer

Source: Vamps and Tramps (1994), p. ix

Women, World, Girl

“The price for misreading and misinterpreting a woman has become extremely high; divorce battles, custody fights, poisonous interactions, accusations of abuse, incest, harassment, and even rape alongside the everyday unhappiness lead to a need to escape through self-destructive behaviors and addictions. It is "crunch time" for men today. Their personal isolation and dependency on women is greater than ever, while women's anger, withdrawal from relationships with men, and defensive sense of being victimized also are at a peak.”

Herb Goldberg (1937–2019) American psychologist

Introduction, p. 1
What Men Still Don't Know About Women, Relationships, and Love (2007)

Women, Men, Behavior, Sense

“I think, with never-ending gratitude, that the young women of today do not and can never know at what price their right to free speech and to speak at all in public has been earned.”

Lucy Stone (1818–1893) American abolitionist and suffragist

The Progress of Fifty Years (1893)

Women, Thinking, Gratitude

“Like it or not, giant, vertically integrated corporate enterprises were the most efficient means of organizing the production and distribution of mass produced goods and services. Bringing together supply chains, production processes, and distribution channels in vertically integrated companies under centralized management dramatically reduced transaction costs, increased efficiencies and productivity, lowered the marginal cost of production and distribution, and, for the most part, lowered the price of goods and services to consumers, allowing the economy to flourish. While those at the top of the corporate pyramid disproportionately benefited from the increasing returns on investment, it’s only fair to acknowledge that the lives of millions of consumers also improved appreciably in industrialized nations.”

Jeremy Rifkin (1945) American economist

The Zero Marginal Cost Society: The Internet of Things, the Collaborative Commons, and the Eclipse of Capitalism (2014)

Parting

“Great civilizations create great cathedrals, and the cathedrals of this generation should be in outer space. Cathedrals inspire rich and poor people alike to believe great things are possible. The Mars Polar Lander cost the average American the price of half a cheeseburger. A human lander would cost the average American more — perhaps even ten cheeseburgers! So be it. That is no great sacrifice.”

Jonah Goldberg (1969) American political writer and pundit

2000s, 2000, A Truly Great America (2000)

People

“For precocity some great price is always demanded sooner or later in life.”

Margaret Fuller (1810–1850) American feminist, poet, author, and activist

As quoted in Margaret Fuller Ossoli (1898) by Thomas Wentworth Higginson, p. 289.

Life

“It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong. Know-it-alls in the school system do not lose one dime or one hour's sleep if their bright ideas turn out to be all wrong, or even disastrous, for the child.”

Thomas Sowell (1930) American economist, social theorist, political philosopher and author

Wake up, Parents http://www.jewishworldreview.com/cols/sowell081800.asp, Jewish World Review, 18 August 2000. 2000s

People, Stupidity, School, Way

“House prices have risen by nearly 25 percent over the past two years. Although speculative activity has increased in some areas, at a national level these price increases largely reflect strong economic fundamentals, including robust growth in jobs and incomes, low mortgage rates, steady rates of household formation, and factors that limit the expansion of housing supply in some areas.”

Ben Bernanke (1953) American economist

October 20, 2005 http://www.house.gov/jec/hearings/testimony/109/10-20-05bernanke.pdf, in testimony to Congress's Joint Economic Committee.

Strong, Past, Housing

““They say that they’re a punishment on godly people for allowing sin to walk the earth unanswered—”
“Who is this ‘they’ you’re always referring to?” Stanton glared at Rose, his eyes gleaming with unhidden malice. “Your mongoloid Aunt Kindy? Your drunken Uncle Sal? Or are you talking about the slack-jawed hacks who bang out those dime novels for a bottle of whiskey and the price of a flophouse?”
Rose stared at him, her mouth open in astonishment. But Stanton pressed on, his voice flat and awful.
“Or maybe you’re just using the word ‘they’ as so many pea-brained idiots use it, as a cowardly rhetorical device, an excuse to say the things you really believe without giving anyone the chance to judge you for the narrow-minded, stupid creature you are.””

M. K. Hobson book The Native Star

Source: The Native Star (2010), Chapter 15, “Ososolyeh” (pp. 211-212)

People, Stupidity, Chance

“Two posh boys who don't know the price of milk”

Nadine Dorries (1957) British politician

Comment http://www.bbc.co.uk/news/uk-politics-17815769 about Prime Minister David Cameron and Chancellor of the Exchequer George Osborne, 23 April 2012

Boy

“Former lefties can make a good living in the media by attacking their ex-comrades - I'd do it myself if the price was right.”

Nick Cohen (1961) Journalist

in "The Rebels who changed their tune to be pundits", New Statesman, August 12, 2002

“Shakespeare
clearly heard may voices. No secret:
voicing means hearing, at a price a gift”

Geoffrey Hill (1932–2016) English poet and professor

The Orchards of Syon II.4-6.
Poetry

Secret

“I do think that climate change is occurring, that it is man-caused. One of the proposals that I think is a very libertarian proposal, and I'm just open to this, is taxing carbon emission that may have the result of being self-regulating. … The market will take care of it. I mean, when you look at it from the standpoint of better results, and actually less money to achieve those results, that's what is being professed by a carbon tax. … Coal is a great free market example right now. You and I do not want carbon emission. We don't want it. right now. Natural gas costs less than coal. So there are no new coal plants that are going to be built, given the price of natural gas. And that's something that you and I desire. So it's happening. I'm afraid that coal, from a free market standpoint, has been done in.”

Gary Johnson (1953) American politician, businessman, and 29th Governor of New Mexico

2016, Interview with CNBC's John Harwood (August 22, 2016)

Money, Nature, Thinking, Change

“I'm not the right person to talk about this. It doesn't seem right to me (the price paid by Real Madrid for footballer Cristiano Ronaldo, but I understand the social significance of football.”

José Luis Rodríguez Zapatero (1960) Former Prime Minister of Spain

As President, 2008

Understanding, Football, Personality

“I could scarcely believe that these were the men who had done so much to influence the course of my own world’s history. It now seemed obvious that all of them were drugged in some way. They were acting like silly children. And yet I suppose I should have realized that it is in the nature of all such creatures to be at heart infantile. Only children believe they can achieve enormous power over the world without paying a price for that power. And the price so often is the sanity of the one who seeks it.”

Michael Moorcock (1939) English writer, editor, critic

Book 3, Chapter 2 (p. 641)
The Dragon in the Sword (1986)

Men, Children, World, Way

“Alchian: Two things you [Hayek] wrote that had a personal influence on me, after your Prices and Production, were 'Individualism and Economic Order' [sic — Alchian certainly has in mind Hayek's 'Economics and Knowledge'] and 'The Use of Knowledge in Society.' These I would regard as your two best articles, best in terms of their influence on me.
Hayek: 'Economics and Knowledge' — the '37 one — which is reprinted in the volume, is the one which marks the new look at things in my way.
Alchian: It was new to you, too, then? Was it a change in your own thinking?
Hayek: Yes, it was really the beginning of my looking at things in a new light. … I was aware that I was putting down things which were fairly well known in a new form, and perhaps it was the most exciting moment in my career when I saw it [i. e. 'Economics and Knowledge'] in print.
Alchian: Well, I'm delighted to hear you say that, because I had that copy typed up to mimeograph for my students in the first course I gave here [i. e. UCLA]. And Allan Wallace … came through town one day, and I said, 'Allan, I've got a great article!" He looked at it, started to laugh, and said, "I've seen it too; it's just phenomenal!' I'm just delighted to hear you say that it was exciting, because it was to me, too … that was a very influential article, I must say.”

Armen Alchian (1914–2013) American economist

Interviewing Friedrich Hayek, 1978

Way, Knowledge, Thinking, Light

“In most cases the favorable price performance will be accompanied by a well-defined improvement in the average earnings, in the dividend, and in the balance-sheet position. Thus in the long run the market test and the ordinary business test of a successful equity commitment tend to be largely identical.”

Benjamin Graham (1894–1976) American investor

Source: The Intelligent Investor: The Classic Text on Value Investing (1949), Chapter II, The Investor and Stock-Market Fluctuations, p. 25

Business, Success

“I still cannot understand how a party that is supposed to defend free markets supports a small cartel that artificially increases the price of milk, chicken and eggs for millions of Canadian consumers.”

Maxime Bernier (1963) Canadian politician

Understanding, Support

“Plainly, the most powerful exception to the notion of a voluntary excahnge in a market economy is the labor market. The existence of a market for labor is one of the distinguishing features of a market economy: workers compete to sell their labor at the most favorable price—meaning, in practice, the highest possible wage. At the same time, however, it is clear that the market for labor is qualitatively different from the market for goods, because workers need to sell their labor to survive.”

Mimi Abramovitz (1941) non-fiction writer

Joel Blau and Mimi Abramovitz, The Dynamics of Social Welfare Policy (Oxford University Press: 2010) p. 68

Time

“Indeed, we can find no more instructive lesson on the whole question of suffrage than the history of its development in the British empire. For more than four centuries, royal prerogative and the rights of the people of England have waged perpetual warfare. Often the result has appeared doubtful, often the people have been driven to the wall, but they have always renewed the struggle with unfaltering courage. Often have they lost the battle, but they have always won the campaign. Amidst all their reverses, each generation has found them stronger, each half-century has brought them its year of jubilee, and has added strength to the bulwark of law and breadth to the basis of liberty. This contest has illustrated again and again the saying that 'eternal vigilance is the price of liberty'. The growth of a city, the decay of a borough, the establishment of a new manufacture, the enlargement of commerce, the recognition of a new power, have, each in its turn, added new and peculiar elements to the contest. Hallam says: 'It would be difficult, probably, to name any town of the least consideration in the fourteenth and fifteenth centuries, which did not, at some time or other, return members to Parliament. This is so much the case, that if, in running our eyes along the map, we find any seaport, as Sunderland or Falmouth, or any inland town, as Leeds or Birmingham, which has never enjoyed the elective franchise, we may conclude at once that it has emerged from obscurity since the reign of Henry VIII.'”

James A. Garfield (1831–1881) American politician, 20th President of the United States (in office in 1881)

Constitutional History of England, Chap. XIII
1860s, Oration at Ravenna, Ohio (1865)

People, Law, History, Courage

“In the [past] one thousand years many parts of our country had been ruled by the Muslims and then by the British, but the nation had never compromised, in principle, its sovereignty over any part of the motherland. As a result, our nation had never ceased to strive for throwing out the aggressors and liberate those parts. And history tells us that ultimately it did succeed in freeing the entire land from the clutches of foreign invaders. However, for the first time, Partition conceded the moral and legal right to them over certain parts of the country and declared an ignominious finale to the one thousand years old heroic struggle for freedom. Thus it was an act of humiliating surrender on the point of principle. The usual interpretation of Partition, however, does not utter a word about this aspect. Even while conceding Partition to be a tragedy, it is sought to be made out as the only practical way out then available - as the inevitable price for achieving freedom.”

H.V. Sheshadri (1926–2005) Indian writer

Source: The Tragic Story of Partition (1982), p.12.

Way, History, Freedom, Time

“I think I’m starting to resolve a puzzle that’s been bugging me for awhile.
Pop economists (or, at least, pop micro-economists) are often making one of two arguments:1. People are rational and respond to incentives. Behavior that looks irrational is actually completely rational once you think like an economist.
2. People are irrational and they need economists, with their open minds, to show them how to be rational and efficient.
Argument 1 is associated with “why do they do that?” sorts of puzzles. Why do they charge so much for candy at the movie theater, why are airline ticket prices such a mess, why are people drug addicts, etc. The usual answer is that there’s some rational reason for what seems like silly or self-destructive behavior.
Argument 2 is associated with “we can do better” claims such as why we should fire 80% of public-schools teachers or Moneyball-style stories about how some clever entrepreneur has made a zillion dollars by exploiting some inefficiency in the market.
The trick is knowing whether you’re gonna get 1 or 2 above. They’re complete opposites!”

Andrew Gelman (1965) American mathematician

“One of the easiest ways to differentiate an economist from almost anyone else in society” http://andrewgelman.com/2011/07/19/one_of_the_easi/ (19 July 2011)

People, School, Behavior, Thinking

“[Tablets] have not risen to expectations. Apple, the lead market maker in the category, has recently flipped from an emerging market strategy to a cash cow strategy with its latest reduced-price iPad offering, suggesting it now believes that tablets are on life support.”

Rob Enderle (1954) American financial analyst

Why Fake News on PC and Printer Death Is Dangerous http://www.itbusinessedge.com/blogs/unfiltered-opinion/why-fake-news-on-pc-and-printer-death-is-dangerous.html in IT Business Edge (6 April 2017)

Life, Support

“No-one in their senses wants nuclear weapons for their own sake, but equally, no responsible prime minister could take the colossal gamble of giving up our nuclear defences while our greatest potential enemy kept their's. Policies which would throw out all American nuclear bases…would wreck NATO and leave us totally isolated from our friends in the United States, and friends they are. No nation in history has ever shouldered a greater burden nor shouldered it more willingly nor more generously than the United States. This Party is pro-American. And we must constantly remind people what the defence policy of the [Labour] Party would mean. Their idea that by giving up our nuclear deterrent, we could somehow escape the result of a nuclear war elsewhere is nonsense, and it is a delusion to assume that conventional weapons are sufficient defence against nuclear attack. And do not let anyone slip into the habit of thinking that conventional war in Europe is some kind of comfortable option. With a huge array of modern weapons held by the Soviet Union, including chemical weapons in large quantities, it would be a cruel and terrible conflict. The truth is that possession of the nuclear deterrent has prevented not only nuclear war but also conventional war and to us, peace is precious beyond price. We are the true peace party.”

Margaret Thatcher (1925–2013) British stateswoman and politician

Speech to Conservative Party Conference (12 October 1984) http://www.margaretthatcher.org/document/105763 Second term as Prime Minister

War, People, Truth, Peace

“Except for Marxian theories, nearly all modern theories of the business cycle have essential elements that trace back to Knut Wicksell's turn-of-the-century writings on interest and prices. Austrians, New Classicists, Monetarists, and even Keynesians can legitimately claim a kinship on this basis. Accordingly, the recognition, that both the Austrians and the New Classicists have a Swedish ancestry does not translate into a meaningful claim that the two schools are essentially similar. To the contrary, identifying their particular relationships to Wicksellian ideas, like comparing the two formally similar business-cycle theories themselves, reveals more differences than similarities. … [T]o establish the essential difference between the Austrians and the New Classicists, it needs to be added that the focus of the Austrian theory is on the actual market process that translates the monetary cause into the real phenomena and hence on the institutional setting in which this process plays itself out.The New Classicists deliberately abstract from institutional considerations and specifically deny, on the basis of empirical evidence, that the interest rate plays a significant role in cyclical fluctuations (Lucas 1981, p. 237 151–1). Thus, Wicksell's Interest and Prices is at best only half relevant to EBCT. … Taking the Wicksellian metaphor as their cue, the New Classicists are led away from the pre-eminent Austrian concern about the actual market process that transforms cause into effect and towards the belief that a full specification of the economy's structure, which is possible only in the context of an artificial economy, can shed light on an effect whose nature is fundamentally independent of the cause.”

Roger Garrison (1944) American economist

Pages 98–99.
"New Classical and Old Austrian Economics", 1991

School, Idea, Business, Nature

“Yeah. ‘Environment’ was very big for a while. Ecology Now stickers on the windshields of cars belonging to hairy young men—cars which dripped oil wherever they parked and took off in clouds of smoke thicker than your pipe can produce…Before long, the fashionable cause was something else, I forget what. Anyhow, that whole phase—the wave after wave of causes—passed away. People completely stopped caring…
I feel a moral certainty that a large part of the disaster grew from this particular country, the world’s most powerful, the vanguard country for things both good and ill…never really trying to meet the responsibilities of power.
We’ll make halfhearted attempts to stop some enemies in Asia, and because the attempts are halfhearted we’ll piss away human lives—on both sides—and treasure—to no purpose. Hoping to placate the implacable, we’ll estrange our last few friends. Men elected to national office will solemnly identify inflation with rising prices, which is like identifying red spots with the measles virus, and slap on wage and price controls, which is like papering the cracks in a house whose foundations are sliding away. So economic collapse brings international impotence…As for our foolish little attempts to balance what we drain from the environment against what we put back—well, I mentioned that car carrying the ecology sticker.
At first Americans will go on an orgy of guilt. Later they’ll feel inadequate. Finally they’ll turn apathetic. After all, they’ll be able to buy any anodyne, any pseudo-existence they want.”

Poul Anderson book There Will Be Time

Source: There Will Be Time (1972), Chapter 5 (pp. 53-54)

Men, People, World, Hope

“And she beckons to you with her fingers and lies
She says: can't you slice the price of your paradise. ~ A Month of Sundays”

Steve Kilbey (1954) British artist

Lyrics

“At the time of Muhammad bin Qasim’s invasion of Sindh the head of the State was the Caliph and prisoners taken in Sindh were regularly forwarded to him. Kufi, the author of the Chachnama, rightly sums up the position. Out of the total catch, four-fifths was the share of the soldiers, “what remained of the cash and slaves was… sent to Hajjaj (the Governor of Iraq )” for onward transportation to the Khalifa. In such a situation any special acquisition had to be paid for in cash. Muhammad bin Qasim who wished to possess Raja Dahir’s wife Ladi, avers the Chachnama, “purchased her out of the spoils, before making her his wife.” But the price he paid is not mentioned. Similarly, when Hajjaj sent 60,000 slaves captured in India to the Caliph Walid I (705-715 C. E.), the latter “sold some of those female slaves of royal birth”,5 but again their price has not been specified.”

Muhammad bin Qasim (695–715) Umayyad general

Chachnama, trs. Mirza Kalichbeg Fredunbeg, in Lal, K. S. (1994). Muslim slave system in medieval India. New Delhi: Aditya Prakashan. Chapter 10

Birth, Time

“At every stage of practice a price has to be paid for clarity. The price is the loss of an illusion.”

Ken McLeod (1948) Canadian lama

Wake Up To Your Life. (2002) pg. 264. (Topic: Awareness)

Loss

“Every possible buyer of an immaterial pictorial sensitivity zone must realize that the fact that he accepts a receipt for the price which he has payed takes away all authentic immaterial value from the work, although it is in his possession. In order that the fundamental immaterial value of the zone belong to him and become a part of him, he must solemnly burn his receipt, after his first and last name, his address and the date of the purchase have been written on the stub of the receipt book.”

Yves Klein (1928–1962) French artist

Source: before 1960, Ritual for the Relinquishment of the immaterial Pictorial Sensitivity Zones', Yves Klein, 1957-59, p. 207

Books, Parting

“Never, at any price, should we have put our money on France and against the peoples subjected to her yoke. On the contrary, we should have helped them to achieve their liberty and, if necessary, should have goaded them into doing so. There was nothing to stop us in 1940 from making a gesture of this sort in the Near East and in North Africa. In actual fact our diplomats instead set about the task of consolidating French power, not only in Syria, but in Tunis, in Algeria and Morocco as well. Our 'gentlemen' obviously preferred to maintain cordial relations with distinguished Frenchmen, rather than with a lot of hirsute revolutionaries, with a chorus of musical comedy officers, whose one idea was to cheat us, rather than with the Arabs, who would have been loyal partners for us.”

Adolf Hitler (1889–1945) Führer and Reich Chancellor of Germany, Leader of the Nazi Party

14 February 1945.
Disputed, The Testament of Adolf Hitler (1945)

Money, People, Music, Idea

“What between tipping the man who had brought us home, and paying for the broken sculls, and for having been out four hours and a half, it cost us a pretty considerable number of weeks’ pocket-money, that sail. But we learned experience, and they say that is always cheap at any price.”

Jerome K. Jerome book Three Men in a Boat

Source: Three Men in a Boat (1889), Ch. 15.

Money, Home, Learning

“I paid the price of solitude but at least I'm out of debt.”

Bob Dylan (1941) American singer-songwriter, musician, author, and artist

Song lyrics, Planet Waves (1974), Dirge

Solitude

“We are called to speak for the weak, for the voiceless, for the victims of our nation and for those it calls "enemy," for no document from human hands can make these humans any less our brothers […] I have tried in these last few minutes to give a voice to the voiceless in Vietnam and to understand the arguments of those who are called "enemy" […] Somehow this madness must cease. We must stop now. I speak as a child of God and brother to the suffering poor of Vietnam. I speak for those whose land is being laid waste, whose homes are being destroyed, whose culture is being subverted. I speak of the — for the poor of America who are paying the double price of smashed hopes at home, and death and corruption in Vietnam.”

Martin Luther King, Jr. (1929–1968) American clergyman, activist, and leader in the American Civil Rights Movement

Rev. King was paraphrasing the Book of Proverbs 31:8-10 when referring to "speak out for the voiceless" and the rights of people who need justice.
1960s, Beyond Vietnam: A Time to Break Silence (1967)

Death, God, Hope, Home

“The accounts of money, supplies and provisions should then be considered. The overseer should report what wine and oil has been sold, what price he got, what is on hand, and what remains for sale. Security should be taken for such accounts as ought to be secured. All other unsettled matters should be agreed upon. If any thing is needed for the coming year, it should be bought; every thing which is not needed should be sold. Whatever there is for lease should be leased.”

Cato the Elder book De Agri Cultura

Of the duties of the owner
De Agri Cultura, about 160 BC

Money, Wine

“Steadfast in our purpose, we now press on. We have known freedom's price. We have shown freedom's power. And in this great conflict, my fellow Americans, we will see freedom's victory. Thank you all. May God bless.”

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

2000s, 2002, State of the Union address (January 2002)

God, Freedom, Victory

“The '80s were about acquiring — acquiring wealth, power, prestige. I know. I acquired more wealth, power, and prestige than most. But you can acquire all you want and still feel empty. What power wouldn't I trade for a little more time with my family? What price wouldn't I pay for an evening with friends? It took a deadly illness to put me eye to eye with that truth, but it is a truth that the country, caught up in its ruthless ambitions and moral decay, can learn on my dime. I don't know who will lead us through the '90s, but they must be made to speak to this spiritual vacuum at the heart of American society, this tumor of the soul.”

Lee Atwater (1951–1991) American political consultant and strategist

Source: Interview in Life (January 1991)

Truth, Family, Feeling, Soul

“The greater the penalties laid on sellers in the black market… the higher the black market price.”

Kenneth E. Boulding (1910–1993) British-American economist

Kenneth Boulding (1947) " A Note on the Theory of the Underground economy http://www.jstor.org/stable/137604". In: The Canadian Journal of Economics and Political Science. Vol. 13 no.1, p. 117; quoted in: Michael York (2007) The Entrepreneurial Outlaw http://www2.gcc.edu/dept/econ/ASSC/Papers2007/Entrepreneurial_Outlaw_York.pdf 1940s

Penalty

“Shun advice
at any price -
that's what I call
good advice.”

Piet Hein (1905–1996) Danish puzzle designer, mathematician, author, poet

Good Advice
Grooks

“Statesmen and philosophers repeatedly have warned that some values - freedom, honour, self-respect - are higher than peace or life itself. This may be true. Certainly, very many would hold that the loss of human dignity and self-respect, the chains of enslavement, are too high a price even for peace. But the horrible realities of modern warfare scarcely afford even this fatal choice. There is only suicidal escape, not freedom, in the death and destruction of atomic war. This is mankind's great dilemma. The well-being and the hopes of the peoples of the world can never be served until peace - as well as freedom, honour and self-respect - is secure.”

Ralph Bunche (1904–1971) American diplomat

Some Reflections on Peace in Our Time (1950)

Life, Death, War, People

“Elegance is a small price to pay for enlightenment, and I was glad to pay it.”

Ursula K. Le Guin Hainish Cycle

Source: Hainish Cycle, The Left Hand of Darkness (1969), Chapter 8 “Another Way into Orgoreyn” (p. 118)

“Generally speaking, changes in the prices of finished goods are "cost determined" while changes in the prices of raw materials inclusive of primary foodstuffs are "demand determined."”

Michał Kalecki (1899–1970) Polish economist

Source: Theory of Economic Dynamics (1965), Chapter 1, Cost and Prices, p. 11

Change

“We shall talk as if the objective of internal balance were simply that of maintaining a level of total demand for all the country’s products sufficiently high to maintain full employment, but not so high as to lead to a continuing inflation of money prices and costs.”

James Meade (1907–1995) British economist

Source: The balance of payments, 1951, p. 106; As cited in: Metaxas & Weber (2013, p. 20)

Money, Country

“Early in my professional life, I found that many areas of economics attracted me. I started working and publishing in price theory by 1938. In 1946, I published an early work on linear programming (The Cost of Subsistence) which solved the problem only approximately; George Dantzig soon presented the exact solution. In the 1940s, I began empirical work on price theory, starting with a test of the kinked oligopoly demand curve theory of rigid prices.”

George Stigler (1911–1991) American economist

"George J. Stigler - Biographical," 1982

Life, Problem

“It's the invention of: work. What do people do that animals don't? Work. What does work mean: It means you sacrifice the present for the future. Why do you do that? Because you know that you're vulnerable, and because you're awake. From here on in, from this point forward, there's no return to unconscious paradise. I don't care how many problems you've solved so that today's okay. You have a lot of problems coming up. No matter how much you work, you're never going to work enough to solve all the problems. All you're going to do from here on in is be terrified of the future. That's the price of waking up. It's the end of paradise, and that's the beginning of history.”

Jordan Peterson (1962) Canadian clinical psychologist, cultural critic, and professor of psychology

Concepts

People, History, Problem, Future

“Alcohol-inspired fights … are a reminder of the price we pay for our daily submission at the altars of prudence and order.”

Alain de Botton (1969) Swiss writer

Source: The Pleasures and Sorrows of Work (2009), pp. 45-46.

Alcohol, Fight

“It's bad to use words like 'genius' unless you are talking about the late Jean-Michel Basquiat, the black Chatterton of the 80s who, during a picturesque career as sexual hustler, addict and juvenile art-star, made a superficial mark on the cultural surface by folding the conventions of street graffiti into those of art brut before killing himself with an overdose at the age of twenty-seven. The first stage of Basquiat's fate, in the mid-80s, was to be effusively welcomed by an art industry so trivialized by fashion and blinded by money that it couldn't tell a scribble from a Leonardo. Its second stage was to be dropped by the same audience, when the novelty of his work wore off. The third was an attempt at apotheosis four years after his death, with a large retrospective at the Whitney Museum designed to sanitise his short, frantic life and position him as a kind of all-purpose, inflatable martyr-figure, thus restoring the dollar value of his oeuvre in a time of collapsing prices for American contemporary art. One contributor to the catalogue proclaimed that "Jean remains wrapped in the silent purple toga of immortality"; another opined that "he is as close to Goya as American painting has ever produced." A third, not to be outdone, extolled Basquiat's "punishing regime of self-abuse" as part of "the disciplines imposed by the principle of inverse ascetism to which he was so resolutely committed."”

Robert Hughes (1938–2012) Australian critic, historian, writer

These disciplines of inverse ascetism, one sees, mean shooting smack until you drop dead.
Page 195
Culture of Complaint (1993)

Life, Death, Money, Fate

“No price is too high to pay for a good laugh.”

Roscoe Arbuckle (1887–1933) American silent film actor, comedian, director, and screenwriter

The Cost of a Laugh, Motion Picture Magazine, March 1918. http://archive.org/stream/motionpicturemag152moti#page/n75/mode/2up

“Shaw: Madam, would you sleep with me for a million pounds?
Actress: My goodness, Well, I'd certainly think about it
Shaw: Would you sleep with me for a pound?
Actress: Certainly not! What kind of woman do you think I am?!
Shaw: Madam, we've already established that. Now we are haggling over the price.”

George Bernard Shaw (1856–1950) Irish playwright

Similar remarks are also attributed to Winston Churchill, Groucho Marx and to Mark Twain
Disputed

Thinking, Sleep

“Earth gets its price for what Earth gives us;
The beggar is taxed for a corner to die in,
The priest hath his fee who comes and shrives us,
We bargain for the graves we lie in;
At the Devil's booth are all things sold
Each ounce of dross costs its ounce of gold.”

James Russell Lowell (1819–1891) American poet, critic, editor, and diplomat

Prelude to Pt. I, st. 3
The Vision of Sir Launfal (1848)

Lie

“They are not your friends, but they are your enemies in fact, though not in intention, who teach you to look to the Legislature for the radical removal of the evils that afflict human life…It is the individual mind and conscience, it is the individual character, on which mainly human happiness or misery depends. (Cheers.) The social problems that confront us are many and formidable. Let the Government labour to its utmost, let the Legislature labour days and nights in your service; but, after the very best has been attained and achieved, the question whether the English father is to be the father of a happy family and the centre of a united home is a question which must depend mainly upon himself. (Cheers.) And those who…promise to the dwellers in towns that every one of them shall have a house and garden in free air, with ample space; those who tell you that there shall be markets for selling at wholesale prices retail quantities—I won't say are imposters, because I have no doubt they are sincere; but I will say they are quacks (cheers); they are deluded and beguiled by a spurious philanthropy, and when they ought to give you substantial, even if they are humble and modest boons, they are endeavouring, perhaps without their own consciousness, to delude you with fanaticism, and offering to you a fruit which, when you attempt to taste it, will prove to be but ashes in your mouths.”

William Ewart Gladstone (1809–1898) British Liberal politician and prime minister of the United Kingdom

Cheers.
Speech at Blackheath (28 October 1871), quoted in The Times (30 October 1871), p. 3.
1870s

Life, Happiness, Family, Home

“The proof of the pudding is in the eating. There was a widespread myth of the 1970s, a myth along Tom Kuhn’s (1962) Structure of Scientific Revolutions lines. The Keynesianism, which worked so well in Camelot and brought forth a long epoch of price-level stability with good Q growth and nearly full employment, gave way to a new and quite different macro view after 1966. A new paradigm, monistic monetarism, so the tale narrates, gave a better fit. And therefore King Keynes lost self esteem and public esteem. The King is dead. Long live King Milton!
Contemplate the true facts. Examine 10 prominent best forecasting models 1950 to 1980: Wharton, Townsend–Greenspan, Michigan Model, St. Louis Reserve Bank, Citibank Economic Department under Walter Wriston’s choice of Lief Olson, et cetera. … M did matter as for almost everyone. But never did M alone matter systemically, as post-1950 Friedman monetarism professed.”

Paul A. Samuelson (1915–2009) American economist

New millennium, An Interview with Paul A. Samuelson, 2003

Way, Dead

“From that place the Sultan proceeded to a certain city, which was accounted holy by the people of the country. In that city the men of Ghaznin saw so many strange and wonderful things, that to tell them or to write a description of them is not easy' In short, the Sultan Mahmud having possessed himself of the booty, burned their idol temples and proceeded towards Kanauj….. The Ghaznivids found in these forts and their dependencies 10,000 idol temples, and they ascertained the vicious belief of the Hindus to be, that since the erection of these buildings no less than three or four hundred thousand years had elapsed. Sultan Mahmud during this expedition achieved many other conquests after he left Kanauj, and sent to hell many of the infidels with blows of the well tempered sword. Such a number of slaves were assembled in that great camp, that the price of a single one did not exceed ten dirhams.”

Mahmud of Ghazni (971–1030) Sultan of Ghazni

Mathura (Uttar Pradesh), Kanauj (Uttar Pradesh). Habibu’s-Siyar in Elliot and Dowson, Vol. IV : Elliot and Dowson, History of India as told by its own Historians, 8 Volumes, Allahabad Reprint, 1964. p. 178-80
Quotes from The History of India as told by its own Historians

Men, People, Hell, Dependency

“The signals from the monetary analysis confirm the picture of subdued underlying price pressures in the euro area over the medium term.”

Mario Draghi (1947) Italian banker and economist

indiainfoline.com http://www.indiainfoline.com/article/research-leader-speak/mario-draghi-president-european-central-bank-50146096_1.html.

“Not only is it possible to devise complete models of the economy on hypotheses other than rationality, but in fact virtually every practical theory of macroeconomics is partly so based. The price- and wage- rigidity elements of Keynesian theory are hard to fit into a rational framework, though some valiant efforts have been made. … But if the Keynesian model is a natural target of criticism by the upholders of universal rationality, it must be added that monetarism is no better. I know of no serious derivation of the demand for money from a rational optimization. … The use of rationality in these arguments is ritualistic, not essential.”

Kenneth Arrow (1921–2017) American economist

1970s-1980s, "Rationality of Self and Others in an Economic System", 1986

Money, Optimism, Nature, Effort

“Faith has its price. When misfortune strikes the true believer, he assumes he has done something to deserve punishment, but isn’t quite certain what. The realist, recognizing that he lives in a Darwinian universe, is simply grateful to have made it to another sunset.”

Jack McDevitt (1935) American novelist, Short story writer

Source: Academy Series - Priscilla "Hutch" Hutchins, Deepsix (2001), Chapter 10 (p. 165)

Faith, Universe

“The adverse economic events following the First World War turned me toward economics… I learned during my youth how hard it was for farm families to stay solvent. Farm product prices fell abruptly by more than half. Banks went bankrupt and many farmers suffered foreclosures. Was politics or economics to blame? I opted for economics.”

Theodore Schultz (1902–1998) American economist

" Nobelprize.org: Autobiography http://www.nobelprize.org/nobel_prizes/economics/laureates/1979/schultz-autobio.html," in: Nobel Lectures, Economics 1969-1980, Editor Assar Lindbeck, World Scientific Publishing Co., Singapore, 1992

War, Youth, World, Family

“The dreamers always seem to think their dream is worth the price that other people will pay. They also delude themselves that they will control whatever evil they use to try to bring about their dream.”

Orson Scott Card (1951) American science fiction novelist

Source: The Tales of Alvin Maker, The Crystal City (2003), Chapter 5 “Crystal Ball” (p. 82).

People, Dreams, Thinking, Evil

“Personally I am a sincere advocate of all means which would lead to the settlement of international disputes by methods such as those which civilization has so successfully set up for the adjustment of differences between individuals.
But I am also bound to say this — that I believe it is essential in the highest interests, not merely of this country, but of the world, that Britain should at all hazards maintain her place and her prestige amongst the Great Powers of the world. Her potent influence has many a time been in the past, and may yet be in the future, invaluable to the cause of human liberty. It has more than once in the past redeemed Continental nations, who are sometimes too apt to forget that service, from overwhelming disaster and even from national extinction. I would make great sacrifices to preserve peace. I conceive that nothing would justify a disturbance of international good will except questions of the gravest national moment. But if a situation were to be forced upon us in which peace could only be preserved by the surrender of the great and beneficent position Britain has won by centuries of heroism and achievement, by allowing Britain to be treated where her interests were vitally affected as if she were of no account in the Cabinet of nations, then I say emphatically that peace at that price would be a humiliation intolerable for a great country like ours to endure.”

David Lloyd George (1863–1945) Former Prime Minister of the United Kingdom

Speech at Mansion House (21 July 1911) during the Agadir Crisis, quoted in The Times (22 July 1911), p. 7
Chancellor of the Exchequer

World, Peace, Question, Time

“The New Finance focused on the market's major systematic mistake. In failing to appreciate the strength of competitive forces in a market economy, it over estimates the length of the short run. In doing so, it overreacts to records of success and failure for individual companies, driving the prices of successful firms too high and their unsuccessful counterparts too low.”

Robert Haugen (1942–2013) American economist

Source: The Inefficient Stock Market - What Pays Off And Why (1999), Chapter 15, The Wrong 20-yard Line, p. 142

Failure, Success

“A decrease in the world supply of wheat has resulted in a very large increase in the price of that commodity. The position of all agricultural products indicates a better balanced supply, but we can not yet conclude that agriculture is recovered from the effects of the war period or that it is permanently on a prosperous basis. The cattle industry has not yet recovered and in some sections has been suffering from dry weather. Every effort must be made both by Government activity and by private agencies to restore and maintain agriculture to a complete normal relationship with other industries.”

Calvin Coolidge (1872–1933) American politician, 30th president of the United States (in office from 1923 to 1929)

1920s, Second State of the Union Address (1924)

War, World, Effort, Suffering

“We have taken steps which have not been taken by any other democratic government in the world. We are taking steps with regard to prices and wages which no other government, even in wartime, has taken.”

Harold Wilson (1916–1995) Former Prime Minister of the United Kingdom

Speech in the White House (29 July 1966), quoted in The Times (30 July 1966), p. 1.
Prime Minister

World

“The increasing demand for these objects of amusement, it is said, suggested the idea of cutting the outlines appropriated to the different suits upon separate blocks of wood and stamping them upon the cards; the intermediate spaces between the outlines were filled up with various colours laid on by the hand. This expeditious method of producing cards reduced the price of them, so that they might readily be purchased by almost every class of persons: the common usage of cards was soon productive of serious evils, which all the exertions of the legislative power have not been able to eradicate.”

Joseph Strutt (1749–1802) British engraver, artist, antiquary and writer

pg. 326
The Sports and Pastimes of the People of England (1801), Cards

Idea, Evil, Personality

“I can't stand Willy wet-leg,
can't stand him at any price.
He's resigned, and when you hit him
he lets you hit him twice.”

D.H. Lawrence (1885–1930) English novelist, poet, playwright, essayist, literary critic and painter

Willy Wet Leg (1929)

“Let me first tell you one thing: It doesn't matter what the world says about Israel; it doesn't matter what they say about us anywhere else. The only thing that matters is that we can exist here on the land of our forefathers. And unless we show the Arabs that there is a high price to pay for murdering Jews, we won't survive.”

David Ben-Gurion (1886–1973) Israeli politician, Zionist leader, prime minister of Israel

As quoted by Ariel Sharon, in the documentary The 50 Years War : Israel & The Arabs (1999), this advice was given to him by Ben-Gurion after the controversial raid on Qibya.

World

“If assets are priced rationally, variables that are related to average returns, such as size and book-to-market equity, must proxy for sensitivity to common (shared and thus undiversifiable) risk factors in returns. The time-series regressions give direct evidence on this issue. In particular, the slopes and R2 values show whether mimicking portfolios for risk factors related to size and [book-to-market] capture shared variation in stock and bond returns not explained by other factors.”

Eugene Fama (1939) American economist and Nobel laureate in Economics

Source: Common risk factors in the returns on stocks and bonds, 1993, p. 4-5

Books, Time

“…if the music stops and there's only the sound of the rain
All the hope and glory -- All the sacrifice in vain
(And) If love remains, though everything is lost
We will pay the price, but we will not count the cost
-- Bravado”

Neil Peart (1952–2020) Canadian-American drummer , lyricist, and author

1991
Rush Lyrics

Love, Hope, Music

“Naturally. I like to see General Motors stock register a good price on the market, but that is just a matter of pride… What has counted with me is the true value of the property as a business return on investment.”

Alfred P. Sloan (1875–1966) American businessman

Source: Adventures of a White-Collar Man. 1941, p. 103

Business, Nature

“Let the price fixed with a friend be sufficient, and even dealing with a brother call in witnesses, but laughingly.”

Hesiod book Works and Days

Source: Works and Days (c. 700 BC), line 369.

“Fortune is like the market, where many times, if you can stay a little, the price will fall.”

Francis Bacon book Essays

Of Delays
Essays (1625)

Time

“The price system transmits only the important information and only to the people who need to know.”

Milton Friedman book Free to Choose

Source: Free to Choose (1980), Ch. 1 "The Power of the Market", 15

People

“No British minister was forced to resign over Iraq or has been held properly accountable for it, despite the disastrous decision to go to war made collectively by the Cabinet on 17 March 2003. … Far from paying any price, the British system has rewarded ministers for their fateful decision on Iraq.”

Mark Curtis (British author) British journalist and historian

For the British political elite, the invasion of Iraq never happened http://www.middleeasteye.net/columns/british-political-elite-invasion-iraq-never-happened-435103022 (19 March 2018), Middle East Eye.

Fate, War, Decision

“As a guest, Emily Price had three main drawbacks: she was incapable of saying please, incapable of saying thank you and incapable of saying sorry, all the while creating a surge in the demand for these expressions.”

Edward St. Aubyn (1960) British writer

At Last, Chapter 4

“We propose first to expand credit in order to create demand. That new and greater demand must, of course, be met by a new and greater supply of goods, or all the evils of inflation and price rise will result. Here our Socialist planning must enter in. We must see that more goods are forthcoming to meet the new demand.”

Oswald Mosley (1896–1980) British politician; founder of the British Union of Fascists

Revolution by Reason, p. 31, quoted in Robert Skidelsky, Oswald Mosley (Papermacs, 1981), p. 145.

Evil

“What did trust, cooperation, progressive taxation and the interventionist state bequeath to western societies in the decades following 1945? The short answer is, in varying degrees, security, prosperity, social services and greater equality. We have grown accustomed in recent years to the assertion that the price paid for these benefits—in economic inefficiency, insufficient innovation, stifled entrepreneurship, public debt and a loss of private initiative—was too high. Most of these criticisms are demonstrably false.”

Tony Judt (1948–2010) British historian

Ill Fares the Land (2010), Ch. 2 : The World We Have Lost

Loss, Falseness

“The original role of the machine started to get perverted around the time of the industrial revolution. It came to be regarded not as a means to a desired end, but as part of the end in itself. The process accelerated in the nineteenth century, and exploded in the twentieth. Man kept demanding more in the way of service from his technology, and the technology kept giving it—but always at the price of a little more of man’s individual self-contained powers. In the end—in our time—our technology has become second thing to a religion. Now we’re trapped in it. And we’re so enfeebled by our entrapment that we tell ourselves it’s the only possible way to live. That no other way exists.”

Gordon R. Dickson book Necromancer

Source: Necromancer (1962), Chapter 13 (p. 93)

Religion, Way, Time, Parting

“The nature of the firmis not simply a minimizer of transaction costs, but a kind of protective enclave from the potentially volatile and sometimes destructive, ravaging speculation of a competitive market. In the market the rational calculus depends upon the fragile price conven- tion which can often depend on ‘whim or sentiment or chance’. Habits and traditions within the firm are necessarily more enduring because they embody skills and information which cannot always or easily be codified or made subject to a rational calculus. what the tlrm achieves is an institutionalization of these rules and routines within a durable organizational structure. In consequence they are given some degree of permanence and guarded to some extent from the mood waves of speculation in the market.”

Geoffrey Hodgson (1946) British economist

Source: Economics and Institutions, 1988, p. 208

Mood, Nature, Chance, Dependency

“It is interesting to note that in nearly all the economics courses it is taught that the income tax is the proper instrument for the regulation of the country’s economy; that private property is not an inalienable right (in fact, there are no inalienable rights); that the economic ills of the country are traceable to the remnants of free enterprise; that the economy of the nation can be sound only when the government manages prices, controls wages, and regulates operations. This was not taught in the colleges before 1913.”

Frank Chodorov (1887–1966) American libertarian thinker

Source: The Income Tax: Root of All Evil (1954), p. 34

Country

“Corporations are properly associated with mercantilism, rather than capitalism. Mercantilism is a system under which government grants special status to one or more company at the expense of its competitors. The British East India Company, for example, possessed an exclusive, royally-granted 'right' to conduct trade between India and China, on the one hand, and the British Empire for more than 250 years.
Private capitalism, by contrast, is a system under which various enterprises compete in the marketplace by offering the highest quality goods and services they can, at the lowest possible prices. Progress occurs as individuals and companies strive to raise quality and lower prices.”

L. Neil Smith (1946) American writer

"Corporations, Mercantilism, and Capitalism," http://www.ncc-1776.org/tle2010/tle576-20100627-02.html 27 June 2010.

“The price of training is always a certain "trained incapacity": the more we know how to do something, the harder it is to learn to do it differently.”

Abraham Kaplan (1918–1993) American philosopher

Source: "The Conduct of Inquiry", p. 29.

Learning, Training

“Why, between the dark pools and the public exchanges, were there nearly sixty different places, most of them in New Jersey, where you could buy any listed stock? Why did the public exchanges fiddle with their own pricing so often—and why did you get paid by one exchange to do exactly the same thing for which another exchange might charge you?”

Michael Lewis book Flash Boys

Source: Flash Boys (2014), p. 44

“Even if loving meant leaving, or solitude, or sorrow, love was worth every penny of its price.”

Paulo Coelho (1947) Brazilian lyricist and novelist

By The River Piedra I Sat Down and Wept (1994)

Love, Solitude

“I hadn't heard that…. I, frankly, have been focused elsewhere, like on gasoline prices.”

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

Explaining, first, that he hadn't heard gas prices were climbing to $4, then explaining he was focused on gas prices in response to a question of what groups fund his library; press conference, February 28, 2008 Watch video http://thinkprogress.org/2008/02/28/bush-falsely-claims-hes-focused-on-gas-prices/ 2000s, 2008

“Sen. Obama thinks we can achieve energy independence without more drilling and without more nuclear power. But Americans know better than that. We must use all resources and develop all technologies necessary to rescue our economy from the damage caused by rising oil prices and restore the health of our planet.”

John McCain (1936–2018) politician from the United States

2000s, 2008, (2008)

Health, Thinking

“All sultans were keen on making slaves, but Muhammad Tughlaq became notorious for enslaving people. He appears to have outstripped even Alauddin Khalji and his reputation in this regard spread far and wide. Shihabuddin Ahmad Abbas writes about him thus:
“The Sultan never ceases to show the greatest zeal in making war upon infidels… Everyday thousands of slaves are sold at a very low price, so great is the number of prisoners”. Muhammad Tughlaq did not only enslave people during campaigns, he was also very fond of purchasing and collecting foreign and Indian slaves. According to Ibn Battuta one of the reasons of estrangement between Muhammad Tughlaq and his father Ghiyasuddin Tughlaq, when Muhammad was still a prince, was his extravagance in purchasing slaves. Even as Sultan, he made extensive conquests. He subjugated the country as far as Dwarsamudra, Malabar, Kampil, Warangal, Lakhnauti, Satgaon, Sonargaon, Nagarkot and Sambhal to give only few prominent place-names. There were sixteen major rebellions in his reign which were ruthlessly suppressed. In all these conquests and rebellions, slaves were taken with great gusto. For example, in the year 1342 Halajun rose in rebellion in Lahore. He was aided by the Khokhar chief Kulchand. They were defeated. “About three hundred women of the rebels were taken captive, and sent to the fort of Gwalior where they were seen by Ibn Battutah.” Such was their influx that Ibn Battutah writes: “At (one) time there arrived in Delhi some female infidel captives, ten of whom the Vazir sent to me. I gave one of them to the man who had brought them to me, but he was not satisfied. My companion took three young girls, and I do not know what happened to the rest.” Iltutmish, Muhammad Tughlaq and Firoz Tughlaq sent gifts of slaves to Khalifas outside India….. Ibn Battutah’s eye-witness account of the Sultan’s gifting captured slave girls to nobles or arranging their marriages with Muslims on a large scale on the occasion of the two Ids, corroborates the statement of Abbas. Ibn Battutah writes that during the celebrations in connection with the two Ids in the court of Muhammad bin Tughlaq, daughters of Hindu Rajas and those of commoners, captured during the course of the year were distributed among nobles, officers and important foreign slaves. “On the fourth day men slaves are married and on the fifth slave-girls. On the sixth day men and women slaves are married off.” This was all in accordance with the Islamic law. According to it, slaves cannot many on their own without the consent of their proprietors. The marriage of an infidel couple is not dissolved by their jointly embracing the faith. In the present case the slaves were probably already converted and their marriages performed with the initiative and permission the Sultan himself were valid. Thousands of non-Muslim women were captured by the Muslims in the yearly campaigns of Firoz Tughlaq, and under him the id celebrations were held on lines similar to those of his predecessor. In short, under the Tughlaqs the inflow of women captives never ceased.”

Muhammad bin Tughluq (1290–1351) Turkic Sultan of Delhi

Lal, K. S. (1994). Muslim slave system in medieval India. New Delhi: Aditya Prakashan. Chapter 5 (quoting Masalik-ul-Absar, E.D., III, 580., Battutah)

Women, Men, Marriage, War

“The gesture which we would reproduce on canvas shall no longer be a fixed moment in universal dynamism. It shall simply be the dynamic sensation itself. Indeed, all things move, all things run, all things are rapidly changing... We would at any price re-enter into life.”

Umberto Boccioni (1882–1916) Italian painter and sculptor

As quoted in Futurism, ed. Didier Ottinger; Centre Pompidou / 5 Continents Editions, Milan, 2008, p. 23.
1910, Manifesto of Futurist Painters,' April 1910

Life, Universe, Change

“We must move toward a soundly based and widely distributed economic well-being. This is the 'theory of plenty' as distinguished from the 'theory of scarcity' which has dominated our recent economic thinking and politics. Our yardstick, according to my thinking, I consists of the most effective balance between the following: First, the reduction in the real costs and selling! prices of goods and services; second, a more economic balance of national income through policies affecting wages, hours, prices and profits.”

Alfred P. Sloan (1875–1966) American businessman

Cited in: Charles Cullen Chapman (1936), The development of American business and banking thought, 1913-1936. p. 265
New York Times interview, 1935

Thinking

“While local economies may experience significant price imbalances, a national severe price distortion seems most unlikely in the United States, given its size and diversity.”

Alan Greenspan (1926) 13th Chairman of the Federal Reserve in the United States

October 19, 2004 http://www.federalreserve.gov/boarddocs/speeches/2004/20041019/default.htm, playing down the threat of a national housing bubble. 2000s

“Narrated Abu Huraira: Allah's Apostle said, "May Allah curse the Jews, because Allah made fat illegal for them but they sold it and ate its price."”

Muhammad (570–632) Arabian religious leader and the founder of Islam

[3, 34, 427]
Sunni Hadith

“The reward in heaven is the perpetual bait, a bait that has caught man in an iron net, a strait-jacket which does not let him expand or grow. All pioneers of truth have been, and still are, reviled; they have been, and still are, persecuted. But did they ask humanity to pay the price? Did they seek to bribe mankind to accept their ideas? They knew too well that he who accepts a truth because of the bribe, will soon barter it away to a higher bidder…
Proud and self-reliant characters prefer hatred to such sickening artificial love. Not because of any reward does a free spirit take his stand for a great truth, nor has such a one ever been deterred because of fear of punishment.”

Emma Goldman (1868–1940) anarchist known for her political activism, writing, and speeches

The Failure of Christianity (1913)

Love, Truth, Fear, Idea

“The minimum principle that unified the knowledge of light, gravitation, and electricity of Hamilton's time no longer suffices to relate these fundamental branches of physics. Within fifty years of its creation, the belief that Hamilton's principle would outlive all other physical laws of physics was shattered. Minimum principles have since been created for separate branches of physics… but these are not only restricted… but seem to be contrived…
A single minimum principle, a universal law governing all processes in nature, is still the direction in which the search for simplicity is headed, with the price of simplicity now raised from a mastery of differential equations to a mastery of the calculus of variations.”

Morris Kline (1908–1992) American mathematician

Source: Mathematical Thought from Ancient to Modern Times (1972), p. 442.

Law, Search, Nature, Knowledge

“The only means which have been placed in my power of "raising the wages of colliers" has been by endeavouring to beat down all those restrictions upon trade which tend to reduce the price to be obtained for the product of their labour, & to lower as much as may be the taxes on the commodities which they may require for use or for consumption. Beyond this I look to the forethought not yet so widely diffused in this country as in Scotland, & in some foreign lands; & I need not remind you that in order to facilitate its exercise the Government have been empowered by Legislation to become through the Dept. of the P. O. the receivers & guardians of savings.”

William Ewart Gladstone (1809–1898) British Liberal politician and prime minister of the United Kingdom

Letter to Daniel Jones, an unemployed collier who complained of unemployment and of low wages (20 October 1869) as quoted in The Gladstone Diaries: With Cabinet Minutes and Prime-ministerial Correspondence: 1869-June 1871 Vol. 7 (1982) by H. C. G. Matthew, p. lxxiv
1860s

Exercises, Country

“Every day I talk with the enemy. But I do not see an embodiment of "him who opposes goodness." If we approach the war on terrorism with the fervor of a Christian jihad against Islam, our battle is already lost, for we have become what we opposed and we are now the fundamentalists. Our battle is not one of flesh and blood, but against the spiritual powers and principalities which rule this present darkness. We cannot allow ourselves to be caught up in "war mode" against a fleshly enemy, or the true enemy is already within us, and we have failed to believe in the power of a redemption which (we say) we believe has saved us. … My comfort and liberty must not be won by the sacrifices of a new and foreign poor now paying the price for our moral failings of diplomacy,. economy and statesmanship, turning our Republic into an Empire.”

Joshua Casteel (1979–2012) US Army soldier, lecturer, and writer

Source: Letters from Abu Ghraib (2008), pp. 71-72.

War

“Competition is the final price determinant and competitive prices may result in profits which force you to accept a rate of return less than you hoped for, or for that matter to accept temporary losses.”

Alfred P. Sloan (1875–1966) American businessman

Source: My Years with General Motors, 1963, p. 173 (2015 edition)

Hope, Loss

Quotes about price page 10

Quotes about price
page 10