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Value Quotes

  • "As markets and market-oriented thinking reach into spheres of life traditionally governed by nonmarket norms—health, education, procreation, refugee policy, environmental protection—this dilemma arises more and more often. What should we do when the promise of economic growth or economic efficiency means putting a price on goods we consider priceless?"
    Michael J. Sandel (1953–), US political philosopher
    Source: What Money Can’t Buy: The Moral Limits of Markets (2012)
  • "If you're over 30, you think there's no such thing as a free lunch; if you're under 30, you assume all lunches are free. Look at your children: they know ways of getting movies, music, and television free. They make phone calls free. They set up social networks or blogs using expensive software systems handed out free. They have free word processors, free web browsers, they can search every web page in the world for free."
    Bryan Appleyard (1951–), British journalist
    Source: Sunday Times (London) (June 28, 2009)
  • "There are only four ways to create value in the New Economy, and they’re really simple: information, entertainment, convenience, and savings."
    Jay S. Walker (1955–), US entrepreneur, founder of, and chairman of Walker Digital
    Source: Interview, Strategy + Business (April–June 2000)
  • "Creating value is an inherently cooperative process, capturing value is inherently competitive."
    Barry J. Nalebuff (1958–), US author and management academic
    Source: Co-opetition (cowritten with Adam M. Brandenburger, 1997)
  • "In hyperinflation, a kilo of potatoes was worth, to some, more than the family silver; a side of pork more than the grand piano. A prostitute in the family was better than an infant corpse; theft was preferable to starvation; warmth was finer than honour, clothing more essential than democracy, food more needed than freedom."
    Adam Fergusson, British author
    Source: When Money Dies: The Nightmare of the Weimar Collapse (1975)
  • "Nothing that costs only a dollar is worth having."
    Elizabeth Arden (18841966), US entrepreneur and cosmetics manufacturer
    Source: Quoted in In Cosmetics the Old Mystique Is No Longer Enough (Eleanore Carruth, 1973)
  • "The public should always be wondering how it is possible to give so much for the money."
    Henry Ford II (19191987), US automobile manufacturer and CEO of Ford Motor Company
    Source: My Life and Work (cowritten with Samuel Crowther, 1922)
  • "The value of a thing is the amount of laboring or work that its possession will save the possessor."
    Henry George (18391897), US economist
    Source: The Science of Political Economy (1897)
  • "Value is the most invisible and impalpable of ghosts."
    William Stanley Jevons (18351882), British economist and mathematician
    Source: Investigations on Currency and Finance (1884)

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