Consumer Quotes - page 5
African rulers found European goods sufficiently desirable to hand over captives which they had taken in warfare. Soon, war began to be fought between one community and another for the sole purpose of getting prisoners for sale to Europeans, and even inside a given community a ruler might be tempted to exploit his own subjects and capture them for sale. A chain reaction was started by European demand for slaves (and only slaves) and by their offer of consumer goods-this process being connected with divisions within African society.
Walter Rodney
For me the intentions of background music are openly political, and an example of how political power is constantly shifting from the ballot box into areas where the voter has nowhere to mark his ballot paper. The most important political choices in the future will probably never be consciously exercised. I'm intrigued by the way some background music is surprisingly aggressive, especially that played on consumer complaint phone lines and banks, airplanes and phone companies themselves, with strident non-rhythmic and arms-length sequences that are definitely not user-friendly.
J. G. Ballard
The growth in money and credit has outpaced both savings and economic growth. These inflationary pressures have been concentrated in asset prices, not consumer price inflation--keeping monetary policy too easy. This increase in asset prices has fueled domestic borrowing and spending. Government policy and the increase in securitization are largely responsible for this bubble. In addition to loose monetary policies by the Federal Reserve, government-sponsored enterprises Fannie Mae and Freddie Mac have contributed to the problem. The fourfold increases in their balance sheets from 1997 to 1998 boosted new home borrowings to more than $1.5 trillion in 1998, two-thirds of which were refinances which put an extra $15,000 in the pockets of consumers on average--and reduce risk for individual institutions while increasing risk for the system as a whole.
Ron Paul
When I did "Unwrapped" -- that's one of my favorite albums I've ever done in my life -- I love it when someone listens to the whole album. But I would rather them be able to buy some songs that they like, [rather] than not buy the album at all . . . . You can't fight technology. You can't fight, you know, the consumer.
Gloria Estefan
If the Conservative Party were your refrigerator, all your food would go bad. If it were your car or bicycle, you would be stranded by the side of the road. If it were your accountant, you would be bankrupt. If it were your lawyer, you would be in prison. If any consumer good, service or profession so consistently and predictably disappointed or failed in its ostensible main purpose, people would turn their backs on it. It would be overtaken, replaced and driven out of business by a better competitor.
Peter Hitchens
A few years ago, I had the good fortune of running across a first edition of Paul's textbook (not the recent reprint of the original text, but an actual 1948 edition). It was a real find. I bought the volume in an online auction for, if my recollection is correct, $35. Talk about consumer surplus! I would have gladly paid many times that.
At the next Boston Fed meeting, I took the book along to get Paul to sign it. Below is the book's title page, along with Paul's gracious inscription.
Greg Mankiw
When you cut human beings down to size, we're really quite simple creatures; food, shelter, warmth, light, heat and you build it up from there really until you finally go Gucci shoes or whatever it is or whatever your consumer desires are. All those desires are ultimately, they're about gratification.
Bruce Dickinson
Look at the design of a lot of consumer products - they're really complicated surfaces. We tried to make something much more holistic and simple. When you first start off trying to solve a problem, the first solutions you come up with are very complex, and most people stop there. But if you keep going, and live with the problem and peel more layers of the onion off, you can often times arrive at some very elegant and simple solutions. Most people just don't put in the time or energy to get there. We believe that customers are smart, and want objects which are well thought through.
Steve Jobs
