#supply

In my considered opinion, salary is payment for goods delivered and it must conform to the law of supply and demand. If, therefore, the fixed salary is a violation of this law - as, for instance, when I see two engineers leaving college together and both equally well trained and efficient, and one getting forty thousand while the other only earns two thousand , or when lawyers and hussars, possessing no special qualifications, are appointed directors of banks with huge salaries - I can only conclude that their salaries are not fixed according to the law of supply and demand but simply by personal influence. And this is an abuse important in itself and having a deleterious effect on government service. ↗

— Leo Tolstoy

#economics #government #salaries #supply-and-demand #tolstoy

Thus the same object may supply a practical perception to one person and a speculative one to another, or the same person may perceive it partly practically and partly speculatively. ↗

— Samuel Alexander

#may #object #partly #perceive #perception

I saw 'Food, Inc.' last night - it was like a horror movie. I'm definitely thinking about my food supply now and how I want to grow my own. ↗

— Lauren Ambrose

#definitely #food #food supply #grow #horror

We are living in the machine age. For the first time in history the comedian has been compelled to supply himself with jokes and comedy material to compete with the machine. Whether he knows it or not, the comedian is on a treadmill to oblivion. ↗

— Fred Allen

#been #comedian #comedy #compelled #compete

It certainly is the duty of every true Christian, to esteem himself a stranger and pilgrim in this world; and as bound to use earthly blessings, not as means of satisfying lust or gratifying wantonness, but of supplying his absolute wants and necessities. ↗

— Johann Arndt

#blessings #bound #certainly #christian #duty

The supply of leaks is very large. It's helpful for us to have more people in this industry. It's protective to us. ↗

— Julian Assange

#industry #large #leaks #more #more people

It's not about the pace, it's about the direction we've set. The pace is of course a function of many factors, including the magnitude of the supply shock. But what's probably more important is the probability of the supply shock translating into sustainable embedded inflation. ↗

— Marek Belka

#course #direction #embedded #factors #function

The amount of currency in circulation is not changing. The money supply is not changing in any significant way. ↗

— Ben Bernanke

#any #changing #circulation #currency #money

As scarce as truth is, the supply has always been in excess of the demand. ↗

— Josh Billings

#been #demand #excess #scarce #supply

In addition to joblessness, of course, by the working of supply and demand, when you have a larger number of people unemployed, wages do not rise at the normal level, so that we had last year a drop in real wages. ↗

— Tim Bishop

#course #demand #drop #had #joblessness