Share on Facebook Share on Twitter Comment on this quoteShare via Email Print this Page Daily Quotes Archives2021-05-10 May 10, 2021Don't let your mouth write no check that your tail can't cash.~ Bo DiddleyBy virtue of exchange, one man's prosperity is beneficial to all others.~ Frederic BastiatHe who will not economize will have to agonize.~ Confucius May 7, 2021Any one of the strange laws we suffer is a compromise between a fad and a vested interest.~ Gilbert Keith ChestertonThe study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it.~ John Kenneth GalbraithThe legal tender quality [of money] is only valuable for the purposes of dishonesty.~ Justice Salmon Chase May 6, 2021I have no sympathy for the narrow, selfish notion of economy which assumes that every crumb of bread which goes into the mouth of one class is so much taken from the mouths of another class.~ Frederick DouglassThe key insight of Adam Smith's Wealth of Nations is misleadingly simple: if an exchange between two parties is voluntary, it will not take place unless both believe they will benefit from it. Most economic fallacies derive from the neglect of this simple insight, from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another.~ Milton FriedmanGold is the money of kings; silver is the money of gentlemen; barter is the money of peasants; but debt is the money of slaves.~ Norm Franz May 5, 2021Some people regard private enterprise as a predatory tiger to be shot. Others look on it as a cow they can milk. Not enough people see it as a healthy horse, pulling a sturdy wagon.~ Sir Winston ChurchillThe state is the great fictitious entity by which everyone seeks to live at the expense of everyone else.~ Frederic BastiatWe have rights, as individuals, to give as much of our own money as we please to charity; but as members of Congress we have no right so to appropriate a dollar of public money.~ Davy Crockett May 4, 2021Nothing is easier than spending public money. It does not appear to belong to anybody. The temptation is overwhelming to bestow it on somebody.~ Calvin CoolidgeYou cannot bring about prosperity by discouraging thrift. You cannot help small men by tearing down big men. You cannot strengthen the weak by weakening the strong. You cannot lift the wage-earner by pulling down the wage-payer. You cannot help the poor man by destroying the rich. You cannot keep out of trouble by spending more than your income. You cannot further the brotherhood of man by inciting class hatred. You cannot establish security on borrowed money. You cannot build character and courage by taking away men's initiative and independence. You cannot help men permanently by doing for them what they could and should do for themselves.~ William BoetckerA billion here, a billion there, sooner or later it adds up to real money.~ Everett Dirksen Previous week's quotes Next week's quotes Share on Facebook Tweet Email Print