Quotes about transaction
page 2

“Since institutional economics is behavioristic, and the behavior in question is none other than the behavior of individuals while participating in transactions, institutional economics must make an analysis of the economic behavior of individuals.”

John R. Commons (1862–1945) United States institutional economist and labor historian

Source: "Institutional Economics," 1931, p. 654

Behavior, Question

“We soon put the enemy to the rout, and I had the pleasure to see them run in worse disorder than they did at the battle of Monniouth. Our troops behaved with great spirit; and the brigade of militia, under the command of General Lovell, advanced with great resolution and in good order, and stood the fire of the enemy with great firmness. Lieutenant-Colonel Livingston, Colonel Jackson, and Colonel Henry B. Livingston, did themselves great honor in the transactions of the day; but it's not in my power to do justice to Colonel Laurens, who acted both the General and the partisan. His command of regular troops was small, but he did every thing possible to be done by their numbers. He had two most excellent officers with him, Lieutenant-Colonel Henry and Major Talbot.”

Nathanael Greene (1742–1786) American general in the American Revolutionary War

Letter to George Washington (August 1778)

Pleasure, Justice

“The writer has found, in analyzing and diagnosing organization and accounting work, that charts can express more on one page than is sometimes expressed in several chapters of writing, and has been the author and originator of many methods of charting industrial expressions. It is necessary, as a first step, for analytical and other purposes, to make a chart expressing all of the relations governing the organization of a business so as to show the very foundation upon which all authorities, accounting, and business transactions are based and conducted. There have been more failures scored both personally and financially for lack of these very elements in a business than by reason of any other one thing. As well try to build a house without a foundation as to try to conduct a business, especially a manufacturing business, without proper organization.”

Clinton Edgar Woods (1863) American engineer

Source: Organizing a factory (1905), p. 23-24

Failure, Business, Housing, Personality

“Synergy is the only word in our language which identifies the meaning for which it stands. Since the word is unknown to the average public, as I have already pointed out, it is not at all surprising that synergy has not been included in the economic accounting of our wealth transactions or in assessing our common wealth capabilities.”

Buckminster Fuller (1895–1983) American architect, systems theorist, author, designer, inventor and futurist

1960s, Operating Manual for Spaceship Earth (1963)

Wealth

“In Catch-22, the figure of the black market and the ground of war merge into a monster presided over by the syndicate. When war and market merge, all money transactions begin to drip blood.”

Marshall McLuhan (1911–1980) Canadian educator, philosopher, and scholar-- a professor of English literature, a literary critic, and a …

Source: 1970s, Take Today : The Executive as Dropout (1972), p. 211

Money, War

“I bought a doughnut and they gave me a receipt for the doughnut; I don't need a receipt for the doughnut. I'll just give you the money, and you give me the doughnut, end of transaction. We don't need to bring ink and paper into this. I just can't imagine a scenario where I would have to prove that I bought a doughnut. Some skeptical friend: "Don't even act like I didn't get that doughnut! I got the documentation right here…oh, wait it's at home…in the file…under 'D', for doughnut."”

Mitch Hedberg (1968–2005) American stand-up comedian

Strategic Grill Locations

Money, Home, Imagination, Waiting

“Men meet together for many reasons in the course of business. They need to instruct or persuade each other. They must agree on a course of action. They find thinking in public more productive or less painful than thinking in private. But there are at least as many reasons for meetings to transact no business. Meetings are held because men seek companionship or, at a minimum, wish to escape the tedium of solitary duties. They yearn for the prestige which accrues to the man who presides over meetings, and this leads them to convoke assemblages over which they can preside. Finally, there is the meeting which is called not because there is business to be done, but because it is necessary to create the impression that business is being done. Such meetings are more than a substitute for action. They are widely regarded as action.”

John Kenneth Galbraith book The Great Crash, 1929

Chapter VII https://openlibrary.org/books/OL25728842M/The_Great_Crash_1929, Aftermath I, Section IV, p 139 The Great Crash, 1929 (1954 and 1997 https://openlibrary.org/books/OL25728842M/The_Great_Crash_1929)

Men, Pain, Business, Thinking

“We are in need of new concepts… which reorient our way of looking at the world to encompass present and future changes. I believe [in] the predominant framework for modern corporation… the corporation is viewed as a resource-conversion entity, taking raw material and converting tme into products, with dollars measuring the transaction. Returns are provided to owners in the form of dividends or capital appreciation in the marketplace.”

R. Edward Freeman (1951) American academic

Source: Strategic Management: A Stakeholder Approach, 2007, p. 7

World, Way, Change, Future

“An active imagination may find a bad tendency arising out of every transaction between imperfect morals.”

Edward Hall Alderson (1787–1857) Lawyer and jurist

Brownlow v. Egerton (1854), 23 L. J. Rep. Part 5 (N. S.), Ch. 365.

Imagination

“A striking feature of financial service activities during the past few decades is that the financial transactions essential to the operation of the 'real' economy has become increasingly dwarfed by speculative activity.”

Peter Dicken (1938) British geographer

Source: Global Shift (2003) (Fourth Edition), Chapter 13, The Financial Services Industries, p. 469

Past

“Parties do not maintain themselves. They are maintained by effort. The government is not self-existent. It is maintained by the effort of those who believe in it. The people of America believe in American institutions, the American form of government and the American method of transacting business.”

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

As quoted in Manuscripts: speeches and messages of Calvin Coolidge, 1895–1924, the Massachusetts State Library, George Fingold Library, Boston.
1920s, Speech to the the Republican Commercial Travelers' Club (1920)

People, Business, Effort

“Business firms, in which controlled cooperation takes place, are the first important implication of costly transactions. The laissez-faire filtering process, using the profit test, selects some of these business organizations for survival and rejects others.”

Harold Demsetz (1930–2019) American economist

Source: Economic, Political, and Legal Dimensions of Competition. 1980, p. 25

Business

“It would not be incorrect to say that all capital is invisible value, in that it is the present value, not of physical things, but of the hopes of the future aroused through confidence in the now invisible but expected transactions of the future.”

John R. Commons (1862–1945) United States institutional economist and labor historian

Source: Legal foundations of capitalism. 1924, p. 25

Hope, Confidence, Future

“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

“The smallest unit of the institutional economists is a unit of activity — a transaction, with its participants. Transactions intervene between the labor of the classic economists and the pleasures of the hedonic economists, simply because it is society that controls access to the forces of nature, and transactions are, not the "exchange of commodities," but the alienation and acquisition, between individuals, of the rights of property and liberty created by society, which must therefore be negotiated between the parties concerned before labor can produce, or consumers can consume, or commodities be physically exchanged.”

John R. Commons (1862–1945) United States institutional economist and labor historian

Source: "Institutional Economics," 1931, p. 652

Pleasure, Nature

“The British have been particularly shy about the issues of financial regulation, and attentive only to the interests of the City – hence their reluctance to see the introduction of a tax on financial transactions and tax harmonisation in Europe.”

François Hollande (1954) 24th President of the French Republic

As quoted in "New French leader fires a broadside at Britain: You only care about the City of London, says President Hollande" http://www.dailymail.co.uk/news/article-2141040/Francois-Hollande-French-president-says-Britain-cares-City.html (8 May 2012), Daily Mail.

“It cannot be too often repeated that I am not for sale. I was bought in 1921 and the transaction was final and conclusive.”

Flann O'Brien (1911–1966) Irish writer

Page 282
The Best of Myles (1968)

“The resurrection. I want to speak about it as we would about any ordinary transaction. In the first place, I do not believe that any miracle was ever performed, and if there was, you cannot prove it. Why? Because it is altogether more reasonable to believe that the people were mistaken about it than that it happened. And why? Because, according to human experience, we know that people will not always tell the truth, and we never saw a miracle ourselves, and we must be governed by our experience; and if we go by our experience, we must say that the miracle never happened—that the witnesses were mistaken.”

Robert G. Ingersoll (1833–1899) Union United States Army officer

Orthodoxy (1884)

People, Truth

“This I must tell you, if we are compelled to go into it—your position against us, the resolute banding of the great, and the rich, and the noble, and I know not who against the true genuine sense of the people compels us to unveil the truth; and I tell you this—that, so far as I can judge, and so far as my knowledge goes, I grieve to say in the presence of distinguished Irishmen that I know of no blacker or fouler transaction in the history of man than the making of the Union.”

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

Speech in Liverpool (28 June 1886), quoted in The Times (29 June 1886), p. 11.
1880s

People, Truth, History, Knowledge

“I … view deviance as the product of a transaction that takes place between some social group and one who is viewed by that group as a rule-breaker. I will be less concerned with the personal and social characteristics of deviants than with the process by which they come to be thought of as outsiders and their reactions to that judgment.”

Howard S. Becker (1928) American sociologist

Source: Outsiders: Studies in the Sociology of Deviance (1963), p. 10.

Personality

“he seldom or never spoke except actually to convey an idea. Measured by quantity of words, he was a talker of fully average copiousness; by extent of meaning communicated, he was the most copious I have listened to. How in few sentences he would sketch you off an entire biography, an entire object or transaction, keen, clear, rugged, genuine, completely rounded In! His words came direct from the heart by the inspiration of the moment.”

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

1880s, Reminiscences (1881)

Communication, Idea, Heart

“Christ's sacrifice stands in glorious proportions with the work to be done. Nothing else or less would suffice. It is a work supernatural, transacted in the plane of nature; and what but such a work could restore the broken order of the soul under evil?”

Horace Bushnell (1802–1876) American theologian

Source: Dictionary of Burning Words of Brilliant Writers (1895), P. 70.

Soul, Nature, Evil, Christ

“We know, and we feel, that the vast business of our redemption, arranged in the councils of the far-back eternity, and acted out amid the wonderings and throbbings of the universe, could not have been that stupendous transaction which gave God glory by giving sinners safety, if the inspired account brought its dimensions within the compass of a human arithmetic, or denned its issues by the lines of a human demarcation.”

Henry Melvill (1798–1871) British academic

Source: Dictionary of Burning Words of Brilliant Writers (1895), P. 423.

God, Feeling, Business, Universe

“Social conservatives should be sober realists about DJT. His support for us, where he has given it (e. g. judges), is transactional. He does not share our principles nor has he lived (or aspired to live) by them. There is real danger of his discrediting them among persuadables.”

Robert P. George (1955) American legal scholar

Twitter post https://twitter.com/McCormickProf/status/954009052090175489 (18 January 2018) 2018

Support

“Strategic structuring, informal or formal, whereby social agents, including the state, establish a rule regime regulating market access and transactions…”

Tom R. Burns (1937) American sociologist

The shaping of social organization (1987)

“When trust is lost, a nation's ability to transact business is palpably undermined.”

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

Source: 2000s, The Age of Turbulence (2008), Chapter Twelve, "The Universals of Economic Growth", p. 256.

Business

“The Mosaic dispensation was better adapted to prevent the commission of sin than the Christian system. Under that dispensation, if you committed a sin, you had to bring a sacrifice—dove, sheep, or bullock, now, when a sin is committed, the Christian says, “Charge it,” “Put it on the slate, If I don’t pay it the Savior will.” In this way, rascality is sold on a credit, and the credit system of religion breeds extravagance in sin. The Mosaic dispensation was based upon far better business principles. The debt had to be paid, and by the man who owed it. We are told that the sinner is in debt to God, and that the obligation is discharged by the Savior. The best that can be said of such a transaction is that the debt is transferred, not paid. As a matter of fact, the sinner is in debt to the person he has injured. If you injure a man, it is not enough to get the forgiveness of God—you must get the man’s forgiveness, you must get your own. If a man puts his hand in the fire and God forgives him, his hand will smart just as badly.”

Robert G. Ingersoll (1833–1899) Union United States Army officer

Some Reasons Why (1881)

God, Religion, Way, Forgiveness

“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

“[Describing the bazar held in Delhi near the Red Fort, Francois Bernier (seventeenth century) says that] “Hither, likewise, the astrologers resort, both Mahometan and Gentile. These wise doctors remain seated in the sun, on a dusty piece of carpet, handling some old mathematical instruments, and having open before them a large book which represents the sign of the Zodiac. In this way they attract the attention of the passenger… by whom they are considered as so many infallible oracles. They tell a poor person his fortune for a payssa… Silly women, wrapping themselves in a white cloth from head to foot, flock to the astrologers, whisper to them all the transaction of their lives, and disclose every secret with no more reserve than is practised by a penitent in the presence of her confessor. The ignorant and infatuated people really believe that the stars have an influence (on their lives) which the astrologers can control.””

François Bernier (1620–1688) French physician and traveller

Quoted from Lal, K. S. (1992). The legacy of Muslim rule in India. New Delhi: Aditya Prakashan. Chapter 1
Travels in the Mogul Empire (1656-1668)

Women, People, Secret, Books

“Social organizations are flagrantly open systems in that the input of energies and the conversion of output into further energy input consists of transactions between the organization and its environment.”

Daniel Katz (1903–1998) American psychologist

Source: The Social Psychology of Organizations (1966), p. 16-17

“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

“The alarm rings and we’re off, running so hard that by the time we stop we’re too tired to do much of anything except nod in front of the TV, which, like virtually all the other voices in our culture, endorses our exhaustion, fetishizes and romanticizes it and, by daily adding its little trowelful of lies and omissions, helps cement the conviction that not only is this how our three score and ten must be spent but that the transaction is both noble and necessary.”

Mark Slouka (1958) author

Quitting the paint factory: On the virtues of idleness

Time, Help

“It is not unknown to those who know any Thing of publike Affairs, of how great Concernment it is, especially in civill Commotions, for those who are to manage such Transactions, to be furnished with continuall Intelligence from their Correspondents, yet so as to conceal their Councells and Resolutions from the adverse Party. And to this Purpose, in all Ages, much Care and lndustry hath been still used, how in Matters of Consequence, to convey Intelligence safely and secretly to those with whom they hold Correspondence, so as not to bee intercepted by the Enemy, or if intercepted, at least not discovered. And as this is no where of more Concernment, so no where more difficult, than in civill Wars, where the intermingling of opposite Parties makes it difficult, if not impossible, to distinguish Friends and Foes.”

John Wallis (1616–1703) English mathematician

p, 125
An Essay on the Art of Decyphering (1737)

War, Age, Intelligence, Bee

“I want you to connect these dots and see if you see what I see. Picture this. The Circle has been devouring all competitors for years, correct? It only makes the company stronger. Already 90 percent of the world's searches go through the Circle. Without competitors, this will increase. Soon it'll be nearly 100 percent. Now, you and I both know that if you can control the flow of information, you can control everything. You can control most of what anyone sees and knows. If you want to bury some piece of information, permanently, that's two seconds' work. If you want to ruin anyone, that's five minutes' work. How can anyone rise up against the Circle if they control all the information and access to it? They want everyone to have a Circle account, and they're well on their way to making it illegal not to. What happens then? What happens when they control all searches, and have full access to all data about every person? When they know every move everyone makes? When all monetary transactions, all health and DNA information, every piece of one's life, good or bad, when every word uttered flows through one channel?”

Dave Eggers book The Circle

Kalden/Ty, to Mae; pp. 487-488
The Circle (2013)

Life, Health, World, Way

“Dr. Grant took me occasionally to the meetings of the Wernerian Society, where various papers on natural history were read, discussed, and afterwards published in the 'Transactions.' I heard Audubon deliver there some interesting discourses on the habits of N. American birds, sneering somewhat unjustly at Waterton. By the way, a negro lived in Edinburgh, who had travelled with Waterton, and gained his livelihood by stuffing birds, which he did excellently: he gave me lessons for payment, and I used often to sit with him, for he was a very pleasant and intelligent man.”

Charles Darwin (1809–1882) British naturalist, author of "On the origin of species, by means of natural selection"

volume I, chapter II: "Autobiography", page 40 http://darwin-online.org.uk/content/frameset?pageseq=58&itemID=F1452.1&viewtype=image The Life and Letters of Charles Darwin (1887)

Way, Travel, History, Intelligence

“Every transaction in commerce is an independent transaction.”

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. 85

“Stereotyped rules laid down by judicial writers cannot be accepted as infallible canons of interpretation in these days, when commercial transactions have altered in character, and increased in complexity; and there can be no hard-and-fast rule by which to construe the multiform commercial agreements with which in modern times we have to deal.”

Charles Bowen (1835–1894) English judge

Jacobs v. Credit Lyonnais (1884), L. R. 12 Q. B. D. 601; 53 L. J. Q. B. 159.

Time

“It's not their fault if, in the heat
Of their transactions, I repeat
It's not their fault if vampires meet
And gurgle in their spats.”

Mervyn Peake (1911–1968) English writer, artist, poet and illustrator

Poem The men in bowler hats are sweet

“Every social occurrence as such, consists of an interaction between individuals. In other words, each individual is at the same time an active and a passive agent in a transaction. In case of superiority and inferiority, however, the relation assumes the appearance of a one-sided operation; the one party appears to exert, while the other seems merely to receive an influence.”

Georg Simmel (1858–1918) German sociologist, philosopher, and critic

Source: Superiority and Subordination as Subject-matter of Sociology (1896), p. 169

Appearance, Time

“An individual is generally ready to admit that he is ignorant of periods in the past or places on the other side of the globe. But he is much less likely to admit ignorance of his own period and his own place, especially if he is an intellectual. Everyone, of course, knows about his own society. Most of what he knows, however, is what Alfred Schultz has aptly called “recipe knowledge”—just enough to get him through his essential transactions in social life. Intellectuals have a particular variety of “recipe knowledge”; they know just enough to be able to get through their dealings with other intellectuals. There is a “recipe knowledge” for dealing with modernity in intellectual circles; the individual must be able to reproduce a small number of stock phrases and interpretive schemes, to apply them in “analysis” or “criticism” of new things that come up in discussion, and thereby to authenticate his participation in what has been collectively been defined as reality in these circles. Statistically speaking, the scientific validity of this intellectuals’ “recipe knowledge” is roughly random.”

Peter L. Berger (1929–2017) Austrian-born American sociologist

Source: The Homeless Mind: Modernization and Consciousness (1973), pp. 4-5

Life, Knowledge, Reality, Past

“Brainwashing is defined as an observable set of transactions between a charismatically-structured collectivity and an isolated agent of the collectivity with the goal of transforming the agent into a deployable agent. Brainwashing is thus a process of ideological resocialization carried out within a structure of charismatic authority.”

Benjamin Zablocki book Misunderstanding Cults

Thomas Robbins, ‎Benjamin David Zablocki (2001) Misunderstanding Cults: Searching for Objectivity in a Controversial Field. p. 183

“The circular-flow diagram offers a simple way of organizing the economic transactions that occur between households and firms in the economy. The two loops of the circular-flow diagram are distinct but related. The inner loop represents the flows of inputs and outputs. The households sell the use of their labor, land, and capital to the firms in the markets for the factors of production. The firms then use these factors to produce goods and services, which in turn are sold to households in the markets for goods…”

N. Gregory Mankiw (1958) American economist

N. Gregory Mankiw, Brief Principles of Macroeconomics. 2011, p. 24-25
2000s -

Way

“What on earth should we do if we had no matches to make, or mar; no "unfortunate attachments" to shake our heads over; no flirtations to speculate about and comment upon with knowing smiles; no engagements "on" or "off" to speak our minds about, nosing out every little circumstance, and ferreting out our game to their very hole, as if all their affairs, their hopes, trials, faults, or wrongs, were being transacted for our own private and peculiar entertainment! Of all forms of gossip — I speak of mere gossip, as distinguished from the carrion-crow and dunghill-fly system of scandal-mongering — this tittle-tattle about love-affairs is the most general, the most odious, and the most dangerous.
Every one of us must have known within our own experience many an instance of dawning loves checked, unhappy loves made cruelly public, happy loves embittered, warm, honest loves turned cold, by this horrible system of gossiping about young or unmarried people…”

Dinah Craik (1826–1887) English novelist and poet

Source: A Woman's Thoughts About Women (1858), Ch. 8

Love, Happiness, People, Smile

“We are ashamed to seem evasive in the presence of a straightforward man, cowardly in the presence of a brave one, gross in the eyes of a refined one, and so on. We always imagine, and in imagining share, the judgments of the other mind. A man will boast to one person of an action — say some sharp transaction in trade-^which he would be ashamed to own to another.”

Charles Cooley (1864–1929) American sociologist

Source: Human Nature and the Social Order, 1902, p. 184-5 (1922)

Imagination, Personality

“II. Thesis. In order that decision by arbitrary power may be possible in spite of completely definite laws of the action of ideas, one must assume that the psychic mechanism itself has, or at least in its development acquires, the peculiar property of inducing the necessity of these laws. Antithesis. No one can, in case of affairs, abandon the conviction that the future is co-determined by his transactions.”

Bernhard Riemann (1826–1866) German mathematician

Antimonies
Gesammelte Mathematische Werke (1876)

Law, Idea, Decision, Future

“In the network economy, ever-less energy is needed to complete a single transaction, but ever-more effort is needed to agree on what pattern the transaction should follow.”

Kevin Kelly (1952) American author and editor

Source: Out of Control: The New Biology of Machines, Social Systems and the Economic World (1995), New Rules for the New Economy: 10 Radical Strategies for a Connected World (1999)

Effort

“Battles, in these ages, are transacted by mechanism; with the slightest possible development of human individuality or spontaneity: men now even die, and kill one another, in an artificial manner.”

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

Pt. I, Bk. VII, ch. 4.
1830s, The French Revolution. A History (1837)

Men, Age

“When old men decided to barter young men for pride and profit, the transaction was called war.”

Len Deighton (1929) English writer

Eleven Declarations of War (London: Harcourt Brace, 1975) p. 11

Men, War

“Quite distinct from the theoretical question of the manner in which mathematics will rescue itself from the perils to which it is exposed by its own prolific nature is the practical problem of finding means of rendering available for the student the results which have been already accumulated, and making it possible for the learner to obtain some idea of the present state of the various departments of mathematics…. The great mass of mathematical literature will be always contained in Journals and Transactions, but there is no reason why it should not be rendered far more useful and accessible than at present by means of treatises or higher text-books. The whole science suffers from want of avenues of approach, and many beautiful branches of mathematics are regarded as difficult and technical merely because they are not easily accessible…. I feel very strongly that any introduction to a new subject written by a competent person confers a real benefit on the whole science. The number of excellent text-books of an elementary kind that are published in this country makes it all the more to be regretted that we have so few that are intended for the advanced student. As an example of the higher kind of text-book, the want of which is so badly felt in many subjects, I may mention the second part of Prof. Chrystal’s “Algebra” published last year, which in a small compass gives a great mass of valuable and fundamental knowledge that has hitherto been beyond the reach of an ordinary student, though in reality lying so close at hand. I may add that in any treatise or higher text-book it is always desirable that references to the original memoirs should be given, and, if possible, short historic notices also. I am sure that no subject loses more than mathematics by any attempt to dissociate it from its history.”

James Whitbread Lee Glaisher (1848–1928) English mathematician and astronomer

Source: "Presidential Address British Association for the Advancement of Science," 1890, p. 466 : On the need of text-books on higher mathematics

Books, Beauty, Feeling, History

“Most of his [Euler's] memoirs are contained in the transactions of the Academy of Sciences at St. Petersburg, and in those of the Academy at Berlin. From 1728 to 1783 a large portion of the Petropolitan transactions were filled by his writings. He had engaged to furnish the Petersburg Academy with memoirs in sufficient number to enrich its acts for twenty years a promise more than fulfilled, for down to 1818 [Euler died in 1793] the volumes usually contained one or more papers of his. It has been said that an edition of Euler's complete works would fill 16,000 quarto pages.”

Florian Cajori book A History of Mathematics

Source: A History of Mathematics (1893), pp. 253-254; Cited in: Moritz (1914, 155); Persons and anecdotes.

Science

“Let not sleep fall upon thy eyes till thou has thrice reviewed the transactions of the past day.”

Pythagoras (-585–-495 BC) ancient Greek mathematician and philosopher

As translated in The Rambler No. 8 http://etext.lib.virginia.edu/etcbin/toccer-new2?id=Joh1Ram.sgm&images=images/modeng&data=/texts/english/modeng/parsed&tag=public&part=8&division=div1 (14 April 1750) by Samuel Johnson Let not sleep e'er close thy eyes Without thou ask thyself: What have I omitted and what done? Abstain thou if 'tis evil; persevere if good. As translated by Fabre d'Olivet Do not let sleep close your tired eyes until you have three times gone over the events of the day. 'What did I do wrong? What did I accomplish? What did I fail to do that I should have done?' Starting from the beginning, go through to the end. Then, reproach yourself for the things you did wrong, and take pleasure in the good things you did. As quoted in Divine Harmony: The Life and Teachings of Pythagoras by John Strohmeier and Peter Westbrook. (1999) The Golden Verses Context: Let not sleep fall upon thy eyes till thou has thrice reviewed the transactions of the past day. Where have I turned aside from rectitude? What have I been doing? What have I left undone, which I ought to have done? Begin thus from the first act, and proceed; and, in conclusion, at the ill which thou hast done, be troubled, and rejoice for the good.

Sleep, Past

“The Publisher of Transactions in that of October 1675 indeavours to cover former injuries done me by accumulating new ones”

Robert Hooke (1635–1703) English natural philosopher, architect and polymath

Postscript, Lampas: Or, Descriptions of Some Mechanical Improvements of Lamps & Waterpoises Together with some other Physical and Mechanical Discoveries https://books.google.com/books?id=KgtPAAAAcAAJ (1677) Context: The Publisher of Transactions in that of October 1675 indeavours to cover former injuries done me by accumulating new ones, and this with so much passion as with integrity to lay by discretion; otherwise he would not have affirmed, that it was as certain that none of my Watches succeeded, as it was that I had made them several years ago: For how could he be sure of a Negative? Whom I have not acquainted with my Inventions, since l looked on him as one that made a trade of Intelligence. Next whereas he says l made them without publishing them to the world in Print, he prevaricates, and would have it believed that they were not published to the world, though they were publickly read of in Sir John Cutlers Lectures before great numbers at several times, and though they were made and shewn to thousands both English and Foreiners, and writ of to several persons absent, and though they were in the year 1665 in the History of the Royal Society published to the world in Print, because, forsooth, they were not printed in his Transactions. Thirdly, whereas the Publisher of Transactions makes along story of my seeing his Journal De Scavans, and my desiring to transcribe that part of it which concerned this matter, as if l had requested some singular favour thereby, l answer, First, that he knew I designed presently to have printed it with Animadversions, but he endeavoured to prevent me, designing first clancularly to get a Patent of it for himself, and thereby to defraud me. Next, I say, I had a right without his favour to have seen, perused, and copied it, as I was one of the Royal Society, the intelligence he there brings in being the Societies.... To his upbraiding me with his having published some things of Mine; I answer, he hath so, but not so much with mine as with his own desire, and if he send me what I think worth publishing, l will do as much for him, and repay him in his own coyn. Lastly, Whereas he makes use of We and Us ambiguously, it is desired he would explain whether he means the Royal Society, or the Pluralities of himself. If the former, it is not so, as l can prove by many Witnesses; if the later, I neither know what he is acquainted with, or what has been imparted or explained to him. So not designing to trouble my self any further with him, unless he gives me occasion, I dismiss him with his — Speque metuque Procul hinc procul ito.

“That intermediate manifestation of the divine process which we call the DNA code has spent the last 2 billion years making this planet a Garden of Eden. An intricate web has been woven, a delicate fabric of chemical-electrical-seed-tissue=organism=species. A dancing, joyous harmony of energy transactions is rooted in the 12 inches of topsoil which covers the rock
metal
fire
core of this planet.”

Timothy Leary (1920–1996) American psychologist

The Purpose of Life is Religious Discovery
Start your own Religion (1967)

Dance

“The point is that whatever price a transaction is transacted at represents a meeting of the mind of both buyer and seller. Both viewed themselves as being better off than the next alternative -- not making the transaction.”

Walter E. Williams (1936) American economist, commentator, and academic

1970s, Economics for the Citizen (1978)
Context: there's the claim that this or that price is unreasonable. I used to have conversations about this claim with Mrs. Williams early on in our 44-year marriage. She'd return from shopping complaining that stores were charging unreasonable prices. Having aired her complaints, she'd ask me to go out and unload a car trunk loaded with groceries and other items. Having completed the chore, I'd resume our conversation, saying, "Honey, I thought you said the prices were unreasonable. Are you an unreasonable person? Only an unreasonable person would pay unreasonable prices." The long and short of it is that the conversation never went over well, and we both ceased discussions of reasonable or unreasonable prices. The point is that whatever price a transaction is transacted at represents a meeting of the mind of both buyer and seller. Both viewed themselves as being better off than the next alternative -- not making the transaction. That's not to say that the seller wouldn't have found a higher price more pleasing or the buyer wouldn't have been pleased with a lower price.

“In internal affairs they were, if possible, still more disposed to let the ship drive before the wind: if we understand by internal government more than the transaction of current business, there was at this period no government in Rome at all.”

Theodor Mommsen (1817–1903) German classical scholar, historian, jurist, journalist, politician, archaeologist and writer

Vol 3, Pg 71-73, Translated by W.P. Dickson
On the Roman government before the Ghracci brothers and the spread of decay within it.
The History of Rome - Volume 3
Context: For a whole generation after the battle of Pydna the Roman state enjoyed a profound calm, scarcely varied by a ripple here and there on the surface. Its dominion extended over three continents; the lustre of the Roman power and the glory of the Roman name were constantly on the increase; all eyes rested on Italy, all talents and all riches flowed thither; it seemed as if a golden age of peaceful prosperity and intellectual enjoyment of life had there begun. The Orientals of this period told each other with astonishment of the might republic of the West,'which subdued kingdoms far and near, so that everyone who heard its name trembled; but which kept good faith with its friends and clients. Such was the glory of the Romans, and yet no one usurped the crown and no one glittered in purple dress; but they obeyed whomsoever from year to year they made their master, and there was among them neither envy nor discord.'So it seemed at a distance; matters wore a different aspect on a closer view. The government of the aristocracy was in full train to destroy its own work. Not that the sons and grandsons of the vanquished at Cannae and Zama had so utterly degenerated from their fathers and grandfathers; the difference was not so much in the men who now sat in the Senate as in the times. Where a limited number of old families of established wealth and hereditary political importance conducts the government, it will display in seasons of danger an incomparable tenacity of purpose and power of heroic self-sacrifice, just as in seasons of tranquility it will be short-sighted, selfish, and negligent; the germs of both results are essentially involved in its hereditary and collegiate character. The morbid matter had been long in existence, but it needed the sun of prosperity to develop it. There was a profound meaning in the question of Cato, "What was to become of Rome, when she should no longer have any state to fear?" that point had now been reached. Every neighbor whom she might have feared was politically annihilated; and of the men, who had been reared under the older order of things in the severe school of the Hannibalic War, and whose words still sounded as echoes of that mighty epoch so long as they survived, death called on after another away, till at length the voice of the last of them, the Veteran Cato, ceased to be heard in the Senate-house and in the Forum. A younger generation came to the helm, and their policy was a sorry answer to that of the question of the veteran patriot. We have already spoken the shape which the government of the subjects and external policy of rome assumed in their hands. In internal affairs they were, if possible, still more disposed to let the ship drive before the wind: if we understand by internal government more than the transaction of current business, there was at this period no government in Rome at all. The single leading thought of the governing corporation was the maintenance and, if possible, the increase of their usurped privileges. It was not the state that had a title to get the right and the best man for its supreme magistracy; but every member of the coterie had an inborn title to the highest office of the state - a title not to be prejudiced by the unfair rivalry of his peers or by the encroachments of the excluded. Accordingly the clique proposed to itself as its most important political aim, the restriction of reelection to the consulship and the exclusion of "new men;" and in fact succeeded in obtaining the legal prohibition of the former about (165) and contented itself with a government of aristocratic nobodies. Even the inaction of the government in its outward relations was doubtless connected with this policy of the nobility, exclusive towards commoners, and distrustful towards the individual members of their own order. By no surer means could they keep commoners, whose deeds were their patent of nobility, aloof from the pure circles of the aristocracy than by giving no opportunity to any one to perform deeds at all...

Understanding, Business

“Cyberspace consists of transactions, relationships, and thought itself, arrayed like a standing wave in the web of our communications. Ours is a world that is both everywhere and nowhere, but it is not where bodies live.”

John Perry Barlow A Declaration of the Independence of Cyberspace

A Declaration of the Independence of Cyberspace (1996)
Context: You claim there are problems among us that you need to solve. You use this claim as an excuse to invade our precincts. Many of these problems don't exist. Where there are real conflicts, where there are wrongs, we will identify them and address them by our means. We are forming our own Social Contract. This governance will arise according to the conditions of our world, not yours. Our world is different.
Cyberspace consists of transactions, relationships, and thought itself, arrayed like a standing wave in the web of our communications. Ours is a world that is both everywhere and nowhere, but it is not where bodies live.
We are creating a world that all may enter without privilege or prejudice accorded by race, economic power, military force, or station of birth.
We are creating a world where anyone, anywhere may express his or her beliefs, no matter how singular, without fear of being coerced into silence or conformity.
Your legal concepts of property, expression, identity, movement, and context do not apply to us. They are all based on matter, and there is no matter here.

World, Communication

“I believe that certain inequalities that cannot be forbidden in the name of socialist equality of opportunity should nevertheless be forbidden, in the name of community. But is it an injustice to forbid the transactions that generate those inequalities? Do the relevant prohibitions merely define the terms within which justice will operate, or do they sometimes (justifiably?) contradict justice? I do not know the answer to that question.”

Gerald Cohen (1941–2009) Canadian philosopher

II. The Trip's Principles
Why Not Socialism? (2009)

Justice, Communication, Question

“He did not believe that any such transaction could be quoted from the annals of our political or Parliamentary history. It stood alone—he did not wish to use strong language, but he was going to say—it stood alone in its infamy.”

Arthur James Balfour (1848–1930) British Conservative politician and statesman

Speech https://api.parliament.uk/historic-hansard/commons/1882/may/16/ireland-irish-policy-of-the-government#column_836 in the House of Commons (16 May 1882) denouncing the Kilmainham Treaty Backbench MP

Quotes, History, Strong

“Film and television essentially feel the same when you’re doing it, because it’s the same technical approach. All the homework is the same. The homework for each medium is all similar, but the gratification in a live theater context is much higher, because it’s immediate. It’s far more dangerous, because there are no retakes. It’s electric, it’s an actual chemical transaction that occurs between you and the audience. Whatever energy you’re throwing out to them they throw it right back to you, and it kind of feeds on itself in this vacuum…”

Benjamin Bratt (1963) American actor

On acting in various mediums in “Interview: Benjamin Bratt” https://www.cinemablend.com/new/Interview-Benjamin-Bratt-6673.html in Cinema Blend

Feeling

“Linguistic accommodation as well. Are they speaking my language or am I speaking theirs? I can never know: the transaction cannot watch itself being transacted.”

Robert Sheckley (1928–2005) American writer

Slaves of Time (p. 16)
Short fiction, The Robot Who Looked Like Me (1978)

“Such men ever, whether they have some business to transact, or have taken upon them some office, or are in some critical conjuncture, put before their eyes the example of noble men, and consider what Plato would have done on the occasion, what Epaminondas would have said, how Lycurgus or Agesilaus would have dealt; that so, adjusting and re-modelling themselves, as it were, at their mirrors, they may correct any ignoble expression, and repress any ignoble passion.”

Plutarch book Moralia

Source: Moralia, How one may be aware of one's progress in virtue, XV

Men, Business, Passion

“It appears that mankind in this life are not agents of trial for eternity, but that they will eternally remain agents of trial. To suppose that our eternal circumstances will be unalterably fixed in happiness or misery, in consequence of the agency or transactions of this temporary life, is inconsistent with the moral government of God, and the progressive and retrospective knowledge of the human mind. God has not put it into our power to plunge ourselves into eternal woe and perdition; human liberty is not so extensive, for the term of human life bears no proportion to eternity succeeding it; so that there could be no proportion between a momentary agency, (which is liberty of action,) or probation, and any supposed eternal consequences of happiness or misery resulting from it.”

Ethan Allen (1738–1789) American general

Source: Reason: The Only Oracle Of Man (1784), Ch. III Section III - Human Liberty, Agency and Accountability, cannot be attended with Eternal Consequences, either Good or Evil

Life, God, Happiness, Knowledge

“Every time the penalties for selling drugs are raised, adult drug traffickers have an extra incentive to recruit children for their drug transactions.”

James P. Gray (1945) American judge

Source: Why Our Drug Laws Have Failed and What We Can Do About It: A Judicial Indictment of the War on Drugs, 2011, p. 53

Children, Penalty, Time

“Unlike capitalism free enterprise which can only occur truly through voluntary transaction, Socialism can only occur at gunpoint. That's what it comes down to.”

Steven Crowder (1987) American actor

“[T]he great Distributing House or Department Store... may be permitted to represent the modern spirit of organization. It is to the writer the most interesting of all forms of business, and by its constant and necessary publicity it occupies perhaps the most conspicuous place in the public mind. It usually employs the greatest number of people... It frequently... pays out in salaries and wages a larger sum weekly than any other single business, and is more often approached by those seeking opportunity to work than any other. Its daily transactions are large in volume, its cash handled is very great. It is intimately associated with every family in the community in supplying them with the necessities of life, and thus... enters into the daily life of the city in which it is.”

Harry Gordon Selfridge (1858–1947) America born English businessman

The Romance of Commerce (1918), A Representative Business of the Twentieth Century

Life, People, Family, Communication

“And the day of physical adventure is over. The day of the bold Phoenician, the fearless trader who with his caravan threaded his way into unknown lands; the day when the early English merchant-sailor trusted and risked his fortune in one small boat, and sought out markets and trading points in undiscovered corners of the earth—these days are gone for ever. The earth has all been "discovered," its lands and peoples are known, and its oceans charted. The merchant who desires to transact business abroad has at his call every detail of information regarding every country, island, or people.”

Harry Gordon Selfridge (1858–1947) America born English businessman

The Romance of Commerce (1918), A Representative Business of the Twentieth Century

People, Way, Business, Country

“Political friendships are political business transactions and in political, as in economic life, business transactions are most easily and reliably concluded between strong parties The weakling always goes to the wall. A people that lacks a genuine sacrificial spirit or believes that it is not rich enough to keep its armaments in order thereby only betrays that it is played out. I beg you to bear one idea in mind through every difficulty. If anyone should threaten our homestead, we must be ready to the last man.”

Theobald von Bethmann-Hollweg (1856–1921) German chancellor during World War I

Speech to the Reichstag introducing the Military Bill (April 1913), quoted in W. M. Knight-Patterson, Germany from Defeat to Conquest, 1913–1933 (1945), p. 28

Life, Friendship, People, Idea

“Most transactions have an upside and a downside, but when something is FREE! we forget the downside. FREE! gives us such an emotional charge that we perceive what is being offered as immensely more valuable than it really is. Why? I think it's because humans are intrinsically afraid of loss”

Dan Ariely (1967) Israeli American professor of psychology and behavioral economics

free of charge sayings https://quotestats.com/topic/free-of-charge-sayings/ (?)

Thinking, Loss, Forgetting

Quotes about transaction page 2

Quotes about transaction
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