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    Since man does not create physical matter, those who handle material objects in the production process are not producers in that sense. Economic benefits result from the transformation of matter in form, location, or availability (intellectually or temporally). It is these transformations that create economic benefits valued by consumers, and whoever arranges such transformations contributes to the value of things, whether his hands actually come into contact with physical objects or not.

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  16  /  20  

Our supplies of natural resources are not finite in any economic sense. Nor does past experience give reason to expect read more

Our supplies of natural resources are not finite in any economic sense. Nor does past experience give reason to expect natural resources to become more scarce. Rather, if history is any guide, natural resources will progressively become less costly, hence less scarce, and will constitute a smaller proportion of our expenses in future years.

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  13  /  37  

All mass movements avail themselves of action as a means of unification. The conflicts a mass movement seeks and incites read more

All mass movements avail themselves of action as a means of unification. The conflicts a mass movement seeks and incites serve not only to down its enemies but also to strip its followers of their distinct individuality and render them more soluble in the collective medium.

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Only the little people pay taxes.

Only the little people pay taxes.

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I don't even get an allowance.

I don't even get an allowance.

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The absolute fundamental aim is to make money out of satisfying customers.

The absolute fundamental aim is to make money out of satisfying customers.

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I've been promoted to middle management. I never thought I'd sink so low.

I've been promoted to middle management. I never thought I'd sink so low.

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Honor sinks where commerce long prevails.

Honor sinks where commerce long prevails.

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The fortune which nobody sees makes a person happy and unenvied.

The fortune which nobody sees makes a person happy and unenvied.

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Gifts, believe me, captivate both men and Gods, Jupiter himself was won over and appeased by gifts.

Gifts, believe me, captivate both men and Gods, Jupiter himself was won over and appeased by gifts.

by Ovid Found in: Finance and economics Quotes,
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