Share on Facebook Share on Twitter Comment on this quoteShare via Email Print this Page Daily Quotes Archives2021-05-11 May 11, 2021Since the federal constitution has removed all danger of our having a paper tender, our trade is advanced fifty percent. Our monied people can trust their cash abroad, and have brought their coin into circulation.~ The Pennsylvania GazetteEndless money forms the sinews of war.~ Marcus Tullius CiceroGovernment price-fixing once started, has alike no justice and no end. It is an economic folly from which this country has every right to be spared.~ Calvin Coolidge 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 Previous week's quotes Next week's quotes Share on Facebook Tweet Email Print