No regulation of commerce can increase the quantity of industry in any society beyond what its capital can maintain. It can only divert a part of it into a direction into which it might not otherwise have gone; and it is by no means certain that this artificial direction is likely to be more advantageous to the society than that into which it would have gone of its own accord. Every individual is continually exerting himself to find out the most advantageous employment for whatever capital he can command. It is his own advantage, indeed, and not that of the society, which he has in his view. But the study of his own advantage naturally, or rather necessarily leads him to prefer that employment which is most advantageous to the society.
Adam SmithRelated topics
accord advantage beyond capital certain command commerce direction employment find increase individual industry likely might quantity regulation society study view whatever meansRelated quotes
In the intellectual market the quantity of the demand rises in proportion to that of the supply, but its quality does not keep pace with this increase. For example, the Old Testament of pianoforte players, Bach's "Wohltenoerurtes Klavier” is perhaps in almost as many hands as the New Testament, Beethoven's Pianoforte Sonatas, but in few more heads than it was in former years, when it could only be had for six times the present price. Doubtless, its leaves are somewhat oftener turned over, but now, as then, about the sixth part, likely enough just the first sixth, is all that is studies in the real meaning of the word. Here truly is little more gained than a merely superficial acquaintance with the great father of German music.
Hans von Bulow
The. manager must never be lacking in knowledge of the special profession which is characteristic of the undertaking: the technical profession in industry, commercial in commerce, political in the State, military in the Army, religious in the Church, medical in the hospital, teaching in the school, etc. The technical function has long been given the degree of importance which is its due, and of which we must not deprive it, but the technical function by itself cannot endure the successful running of a business; it needs the help of the other essential functions and particularly of that of administration. This fact is so important from the point of view of the organization and management of a business that I do not mind how often I repeat it in order that it may be fully realized.
Henri Fayol
The imagination of teenagers is often -- I'm tempted to say always -- the only sure capital they possess apart from the love of their parents, which is a force far beyond their capacity to comprehend or control.During my own adolescence, my imagination, the kingdom inside my own skull, was my sole source of refuge, my fortress of solitude, at times my prison. Like all teenagers, I provisioned my garrison with art: books, movies, music, comic books, television, role-playing games. Given their nature as human creations, as artifacts and devices of human nature, some of the provisions I consumed were bound to be of a dark, violent, even bloody and horrifying nature; otherwise I would not have cared for them.
Michael Chabon
The tax upon land values is, therefore, the most just and equal of all taxes. It falls only upon those who receive from society a peculiar and valuable benefit, and upon them in proportion to the benefit they receive. It is the taking by the community, for the use of the community, of that value which is the creation of the community. It is the application of the common property to common uses. When all rent is taken by taxation for the needs of the community, then will the equality ordained by Nature be attained. No citizen will have an advantage over any other citizen save as is given by his industry, skill, and intelligence; and each will obtain what he fairly earns. Then, but not till then, will labor get its full reward, and capital its natural return.
Henry George
She could not reconcile the anxieties of a spiritual life involving eternal consequences, with a keen interest in gimp and artificial protrusions of drapery. Her mind was theoretic, and yearned by its nature after some lofty conception of the world which might frankly include the parish of Tipton and her own rule of conduct there; she was enamoured of intensity and greatness, and rash in embracing whatever seemed to her to have those aspects; likely to seek martyrdom, to make retractations, and then to incur martyrdom after all in a quarter where she had not sought it. Certainly such elements in the character of a marriageable girl tended to interfere with her lot, and hinder it from being decided according to custom, by good looks, vanity, and merely canine affection.
George Eliot
