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Read through the most famous quotes by topic #markets
The first supermarket supposedly appeared on the American landscape in 1946. That is not very long ago. Until then, where was all the food? Dear folks, the food was in homes, gardens, local fields, and forests. It was near kitchens, near tables, near bedsides. It was in the pantry, the cellar, the backyard. ↗
#food #gardening #gardens #supermarkets #food
Hence the great irony: Hayek, one of the greatest champions of individual liberty and economic freedom the world has ever known, believed that knowledge was communal. Dewey, the champion of socialism and collectivism, believed that knowledge was individual. Hayek's is a philosophy that treats individuals as the best judges of their own self-interests, which in turn yield staggering communal cooperation. Dewey's was the philosophy of a giant, Monty Pythonesque crowd shouting on cue: "We're All Individuals! ↗
A market economy is to economics what democracy is to government: a decent, if flawed, choice among many bad alternatives. ↗
Cause and effect, the riddle of all history, is a particular devil in financial history; and never more so than today, where entire classes of security are collapsing not on public exchanges and stock-tickers but because there are no markets to establish prices this side of nothing. ↗
#cause #classes #collapsing #devil #effect
Bullish or bearish are terms used by people who do not engage in practicing uncertainty, like the television commentators, or those who have no experience in handling risk. Alas, investors and businesses are not paid in probabilities; they are paid in dollars. Accordingly, it is not how likely an event is to happen that matters, it is how much is made when it happens that should be the consideration. ↗
Every country I would go to, even if it was just on a modeling job, I would go to their markets. If I went to Morocco for 'Elle' magazine, I would be in the spice markets during my off time and just come back with a suitcase full of stuff that I really wanted to try. ↗
Developed countries and advanced developing countries must open their markets for products from the developing world, and support in developing their export and import capacity. ↗
#capacity #countries #developed #developed countries #developing
