Trade Quotes - page 18
I am presently at work on a dissertation dealing with the theory of international trade and foreign exchange rates. In dealing with this, studies of the intervention of recent years in the area of trade and exchange rates of different countries is of the greatest importance. I therefore hope to be able to begin a six month study tour to Switzerland, France and England at the end of May this year. After having collected the necessary material I intend - if the economic side can be arranged - during a stay of 6–12 months in England (probably Cambridge) or possibly the United States (in that case probably Harvard University) - to work out the above mentioned dissertation as a specimen for the doctoral degree in philosophy and pursue studies in general. I have not yet any detailed study plan. That should appropriately be set up after the arrival.
Bertil Ohlin
The origin of this research was an attempt to extend Cassel's system of equations of price determination in one market to that of several trading countries. Although the point of departure is totally different, the results of that attempt (presented in chapter III) exhibit important similarities to Heckscher's treatment in ‘‘The Effect of Foreign Trade on the Distribution of Income,'' published one year earlier in Ekonomisk Tidskrift, 1920. There is no doubt that the author was unconsciously influenced by Heckscher's paper both at this and at later stages of the work. The influence of this pathbreaking paper, both conscious and unconscious, has surely been particularly decisive in the development of the material in chapters I–III.
Bertil Ohlin
International trade theory has, in my opinion, given far too much attention to the effects of certain variations, for example, in duties, on the national incomes, and too little to the effects on individual incomes. In many cases, changes in the sums count for very little, while changes in the individual incomes are distinctly relevant.
Bertil Ohlin
Included in this "almost nothing,” as a kind of geological afterthought of the last few million years, is the first development of self-conscious intelligence on this planet-an odd and unpredictable invention of a little twig on the mammalian evolutionary bush. Any definition of this uniqueness, embedded as it is in our possession of language, must involve our ability to frame the world as stories and to transmit these tales to others. If our propensity to grasp nature as story has distorted our perceptions, I shall accept this limit of mentality upon knowledge, for we receive in trade both the joys of literature and the core of our being.
Stephen Jay Gould
The change of religion in Scotland, eager and vehement as it was, raised an epidemical enthusiasm, compounded of sullen scrupulousness and warlike ferocity, which, in a people whom idleness resigned to their own thoughts, and who conversing only with each other, suffered no dilution of their zeal from the gradual influx of new opinions, was long transmitted in its full strength from the old to the young, but by trade and intercourse with England, is now visibly abating, and giving way too fast to their laxity of practice and indifference of opinion, in which men, not sufficiently instructed to find the middle point, too easily shelter themselves from rigour and constraint.
Samuel Johnson
And this is where it went. In places all around the eastern Mediterranean the sea is separated from the mainland by strips of flat marshy land like this. Made up of the soil that once clothed the hills beyond. All this was deposited during the last 2000 years. This is the marsh that now separates the sea from the city of Ephesus. These ruined buildings mark the edge of the quay where once merchant ships lay moored. As the harbour died, so did the trade upon which the city's wealth was based, and so, well, ultimately did Ephesus itself. What was once one of the most splendid cities in the Roman Empire fell into decay and was abandoned.
David Attenborough
Ralph Nader's the guy. If Ralph Nader had become president, we would not have had the problems. Everything he says is correct. He said, "Don't tax food. Tax the stock market. Every time somebody trades stock, put another tax on it..." Every time you trade, they take a service fee, five bucks or something. That's bullshit. The government should get it and give it to me while I live in my refrigerator box. I don't mean me, I mean us undergrounds. Nader was right on. Everything he said was right on and the media treated him like a clown. The media treated him worse than they treat Troma.
Lloyd Kaufman
A lot of poets published their own work then; unlike novels, poetry was short, and therefore cheap to do. We had to print each poem separately, and then disassemble it, as there were not enough a's for the whole book; the cover was done with a lino-block. We printed 250 copies, and sold them through bookstores, for 50 cents each. They now go in the rare book trade for eighteen hundred dollars a pop. Wish I'd kept some.
Margaret Atwood
They will say to you," growled a kneeling man who stooped with his two bands in the earth and shook his shoulders like a mastiff, 'My friend, you have been a wonderful hero!' I don't want them to say it!
"Heroes? Some sort of extraordinary being? Idols? Rot! We've been murderers. We have respectably followed the trade of hangmen. We shall do it again with all our might, because it's of great importance to follow that trade, so as to punish war and smother it. The act of slaughter is always ignoble; sometimes necessary, but always ignoble. Yes, hard and persistent murderers, that's what we've been. But don't talk to me about military virtue because I've killed Germans."
"Nor to me," cried another in so loud a voice that no one could have replied to him even had he dared; "nor to me, because I've saved the lives of Frenchmen! Why, we might as well set fire to houses for the sake of the excellence of life-saving!
Henri Barbusse
Countries as well as families benefit from the ability to trade with one another. Trade allows countries to specialize in what they do best and to enjoy a greater variety of goods and services. The Japanese, as well as the French and the Egyptians and the Brazilians, are as much our partners in the world economy as they are our competitors.
Greg Mankiw
Markets are institutions that exist to facilitate exchange, that is, they exist in order to reduce the cost of carrying out exchange transactions. In an economic theory which assumes that transaction costs are nonexistent. markets have no function to perform, and it seems perfectly reasonable to develop the theory of exchange by an elaborate analysis of individuals exchanging nuts for apples on the edge of the forest or some similar fanciful example. This analysis certainly shows why there is a gain from trade, but it fails to deal with the factors which determine how much trade there is or what goods are traded.
Ronald Coase
At all levels the drug trade operates without without schedule. Nobody delivers on time except by accident. The addict runs on junk time. His body is his clock, and junk runs through it like an hour-glass. Time has meaning for him only with reference to his need. Then he make his abrupt intrusion into the time of others, and, like all Outsiders, all Petitioners, he must wait, unless he happens to mesh with non-junk time.
William S. Burroughs
