Popular quotes about Profit! Wisdom and inspiration are here! | page 31
Capital does not 'beget profit' as Marx thought. The capital goods as such are dead things that in themselves do not accomplish anything. If they are utilized according to a good idea, profit results. If they are utilized according to a mistaken idea, no profit or losses result. It is the entrepreneurial decision that creates either profit or loss.
Ludwig von MisesCountries were told they had no incentives because of social ownership. The solution was privatization and profit, profit, profit. Privatization would replace inefficient state ownership, and the profit system plus the huge defense cutbacks would let them take existing resources and an increase in consumption. Worries about distribution and competition or even concerns about democratic processes being undermined by excessive concentration of wealth could be addressed later.
Joseph StiglitzThe failure and the success both believe in their hearts that they have accurately balanced points of view, the success because he's succeeded, and the failure because he's failed. The successful man tells his son to profit by his father's good fortune, and the failure tells his son to profit by his father's mistakes.
F. Scott FitzgeraldProfit is vital to human well-being. Profit is the payment to entrepreneurs just as wages are payments to labor, interest to capital and rent to land. In order to earn profits in free markets, entrepreneurs must identify and satisfy human wants and do so in a way that economizes on society's scarce resources.
Walter E. WilliamsArtists are just entrepreneurs. It's up to them to figure out how or if they can make a monetary profit from their passion โ from their calling, as I discussed above. Sometimes they can. Musicians can sell music, even in the face of piracy. Or they can sell their services โ concerts, etc. Painters and other artists can profit in similar ways. A novelist could use kickstarter for a sequel or get paid to consult on a movie version.
Stephan KinsellaFor what will it profit men that a more prudent distribution and use of riches make it possible for them to gain even the whole world, if thereby they suffer the loss of their own souls? What will it profit to teach them sound principles in economics, if they permit themselves to be so swept away by selfishness, by unbridled and sordid greed, that hearing the commandments of the Lord, they do all things contrary.
Pope Pius XIEducation is not for profit. If you're not in education for profit, it's not going to be a fair critique for education.
Noam ChomskyNo matter how many rich people call New York their home, we don't really have enough capital here to build and maintain the infrastructure that a population needs to live. We don't have the federal money, and for-profit investors are just not interested in anything other than making the biggest profit they can.
Sharon ZukinFor a long time, the for-profit world has told us in the not-for-profit sector to behave more like businesses.
Nancy LublinI love to see honest and honorable men at the helm, men who will not bend their politics to their purses, nor pursue measures by which they may profit, and then profit by their measures.
Thomas Jefferson...there is no more strategic issue for a company, or any organization, than its ultimate purpose. For those who think business exists to make a profit, I suggest they think again. Business makes a profit to exist. Surely it must exist for some higher, nobler purpose than that.
Ray AndersonThe scientific world, the materialistic world, the world of commerce, the world of business, the world of individualism, the world of capitalism, world of communism - all these worlds are the old story now. Where we think we exploit nature, we exploit people. Market rules, profit rules, money rules. We work for name, fame, power, money, profit. That's the old story.
Satish KumarAnd no business can possibly equate happy workers (community) with profit (effectiveness). Happy workers are much more productive workers and hence contribute to profit, but no organization is formed for the idea of pleasing its employees.
Harvey PekarThe "non-profit" institution neither supplies goods or services not controls. Its "product" is neither a pair of shoes nor an effective regulation. Its product is a changed human being. The non-profit institutions are human-change agents. Their "product" is a cured patient, a child that learns, a young man or woman grown into a self-respecting adult; a changed human life altogether.
Peter DruckerNow, it is sometimes said that medical care is too important to be left to the market, and that it is immoral to profit from the illnesses of others. I say medical care is too important to be left to the failed central plans of the political class. And as for profiting from providing medical care, we can never be reminded enough that in a free society, a profit is a signal that valuable services are being rendered to people on a voluntary basis.
Llewellyn RockwellNo one can deny that much of our modern advertising is essentially dishonest; and it can be maintained that to lie freely and all the time for private profit is not to abuse the right of free speech, whether it is a violation of the law or not. But again the practical question is, how much lying for private profit is to be permitted by law?
Carl L. BeckerBusiness must be run at a profit, else it will die. But when anyone tries to run a business solely for profit, then also the business must die, for it no longer has a reason for existence.
Henry FordThe makers of fortunes have a second love of money as a creation of their own, resembling the affection of authors for their own poems, or of parents for their children, besides that natural love of it for the sake of use and profit.
PlatoAs readers, we have gone from learning a precious craft whose secret was held by a jealous few, to taking for granted a skin that has become subordinate to principles of mindless financial profit or mechanical efficiency, a skill for which governments care almost nothing.
Alberto ManguelWe believe this approach (progress sharing) is a rational approach because you cooperate in creating the abundance that makes the progress possible, and then you share that progress after the fact, and not before the fact. Profit sharing would resolve the conflict between management apprehensions and worker expectations on the basis of solid economic facts as they materialize rather than on the basis of speculation as to what the future might hold.
Walter ReutherThroughout the history of commercial life nobody has ever quite liked the commission man. His function is too vague, his presence always seems one too many, his profit looks too easy, and even when you admit that he has a necessary function, you feel that this function is, as it were, a personification of something that in an ethical society would not need to exist. If people could deal with one another honestly, they would not need agents.
Raymond ChandlerIf a man, for private profit, tears at the public news, does so with the impatience of one who thinks he actually owns the news you get, it is against the national interest.
Jimmy BreslinI think that George Lucas' 'Star Wars' films are fantastic. What he's done, which I admire, is he has taken all the money and profit from those films and poured it into developing digital sound and surround sound, which we are using today.
Peter JacksonLetting your customers set your standards is a dangerous game, because the race to the bottom is pretty easy to win. Setting your own standards--and living up to them--is a better way to profit. Not to mention a better way to make your day worth all the effort you put into it." -
Seth Godin"Happy he that knows Thee, even if he knows nothing else," says St. Augustine. If we knew all the sciences and knew not how to love Jesus Christ, our knowledge shall profit us nothing to eternal life. But if we know how to love Jesus Christ, we shall know all things, and shall be happy for eternity.
Alphonsus LiguoriTruth is the only good and the purest pity. ... Men lie for profit or for pity. All lies turn to poison, but a lie that is told for pity or shame breeds such a host of ills that no power on earth can compass their redemption.
Storm JamesonWithout self-respect there can be no genuine success. Success won at the cost of self-respect is not success ? for what shall it profit a man if he gains the whole world and loses his own self-respect.
B. C. ForbesRemind people that profit is the difference between revenue and expense. This makes you look smart.
Scott AdamsSpecial-interest publications should realize that if they are attracting enough advertising and readers to make a profit, the interest is not so special.
Fran LebowitzTo rectify past blunders is impossible, but we might profit by the experience of them.
George WashingtonI remember talking to, 40 years ago, one of the leading people in the government who was involved in arms control, pressing for arms control measures, dรฉtente, and so on. He's very high up, and we were talking about whether arms control could succeed. And only partially as a joke he said, "Well it might succeed if the high tech industry makes more profit from arms control than it can make from weapons-related research and production. If we get to that tipping point maybe arms control will work." He was partially joking but there's a truth that lies behind it.
Noam ChomskyThe economic miracle that has been the United States was not produced by socialized enterprises, by government-unon-industry cartels or by centralized economic planning. It was produced by private enterprises in a profit-and-loss system. And losses were at least as important in weeding out failures, as profits in fostering successes. Let government succor failures, and we shall be headed for stagnation and decline.
Milton FriedmanAlthough NFL teams have common interests such as promoting the NFL brand, they are still separate, profit-making entities, and their interests in licensing team trademarks are not necessarily aligned
John Paul StevensNo one who is in business for profit can foist his or her beliefs on a workforce that includes many people who do not share those beliefs.
Ruth Bader GinsburgWhat men have called friendship is only a social arrangement, a mutual adjustment of interests, an interchange of services given and received; it is, in sum, simply a business from which those involved propose to derive a steady profit for their own self-love.
Francois de La RochefoucauldThe big companies are the private industry. But they're faced with a short-term need to show a profit in short-term.
Buzz AldrinInvest in the millennium. Plant sequoias. Say that your main crop is the forest that you did not plant, that you will not live to harvest. Say that the leaves are harvested when they have rotted into the mold. Call that profit. Prophesy such returns. Put your faith in the two inches of humus that will build under the trees every thousand years.
Wendell BerryHuman development is a form of chronological unfairness, since late-comers are able to profit by the labors of their predecessors without paying the same price.
Alexander HerzenObviously the best way to retain the most profit is to not give any of it away. That's something that you certainly learn through the years.
John PetrucciDiscipline brings us effort, sacrifice and suffering. Later it brings us something of an inestimable value: something of which those who live only for pleasure, profit or amusement will always be deprived. This peculiar indefinable joy which one must have felt oneself to understand is the sign with which life marks its moment of triumph.
Alexis CarrelMarry, sir, they praise me and make an ass of me. Now my foes tell me plainly I am an ass; so that by my foes, sir, I profit in the knowledge of myself, any by my friends I am abused; so that, conclusions to be as kisses, if your four negatives make your two affirmatives, why then, the worse for my friends, and the better for my foes.
William ShakespeareChristians are supposed not merely to endure change, nor even to profit by it, but to cause it.
Harry Emerson FosdickWhen a company is fairly certain of a profit margin that is substantial, it can assume responsibility for the clinical trials to develop a blockbuster drug.
Anthony S. FauciI confess that Magic teacheth many superfluous things, and curious prodigies for ostentation; leave them as empty things, yet be not ignorant of their causes. But those things which are for the profit of men -- for the turning away of evil events, for the destroying of sorceries, for the curing of diseases, for the exterminating of phantasms, for the preserving of life, honor, or fortune -- may be done without offense to God or injury to religion, because they are, as profitable, so necessary.
Heinrich Cornelius Agrippa