Top 84 In Commodities Quotes
#1. If the gains from trade in commodities are substantial, they are small compared to trade in ideas
David Landes
#2. Every wise, just, and mild government, by rendering the condition of its subjects easy and secure, will always abound most in people, as well as in commodities and riches.
David Hume
#3. Historically, there has been a bull market in commodities every 20 or 30 years.
Jim Rogers
#4. Some of these biggest financial institutions are out there trading in commodities. They're buying oil tankers. This is not a financial system that has calmed down and is there to serve the American people.
Elizabeth Warren
#5. The price of a commodity will never go to zero. When you invest in commodities futures, you're not buying a piece of paper that says you own an intangible piece of company that can go bankrupt.
Jim Rogers
#6. If the quantity of labour realized in commodities, regulate their exchangeable value, every increase of the quantity of labour must augment the value of that commodity on which it is exercised, as every diminution must lower it.
David Ricardo
#7. Soaring prices for crude oil, falling production surpluses, wild speculation in commodities, a rush into the precious metals, turmoil in the Middle East, assertive oil producers: it is 1973-74 all over again, and at dictation speed.
James Buchan
#8. Utility is a metaphysical concept of impregnable circularity; utility is the quality in commodities that makes individuals want to buy them, and the fact that individuals want to buy commodities shows that they have utility.
Joan Robinson
#9. The positive aspect of my negative view is essentially that you shouldn't own cash and government bonds, but you should be in assets like real estate or equities or precious metals or in commodities.
Marc Faber
#10. I don't think you should invest in commodities. Eddie Murphy made it seem risky in Trading Places.
Eugene Mirman
#11. But if inventions have increased man's power over nature very much, then the real value of money is better measured for some purposes in labour than in commodities.
Alfred Marshall
#12. It is my belief ... that the talents every child has, regardless of his official 'I.Q,' could stay with him through life, to enrich him and everybody else, if these talents were not regarded as commodities with a value in the success-stakes.
Doris Lessing
#13. Let's embrace productive capitalism, not casino capitalism, by restoring transparency and true competition in the commodities markets.
Maria Cantwell
#14. Gold is the most precious of all commodities; gold constitutes treasure, and he who possesses it has all he needs in the world, as also the means of rescuing souls from purgatory, and restoring them to the enjoyment of paradise.
Christopher Columbus
#15. A demand for commodities is not a demand for labor. The demand for labor is determined by the amount of capital directly devoted to the remuneration of labor: the demand for commodities simply determines in what direction labor shall be employed.
Millicent Fawcett
#16. Salt is so common, so easy to obtain, and so inexpensive that we have forgotten that from the beginning of civilization until about 100 years ago, salt was one of the most sought-after commodities in human history.
Mark Kurlansky
#17. Electrical fire and the fire of greed kindle economies. In that flux, nations become digitized commodities on stock-exchange floors and on investors' rating screens. A country becomes a product to be rated for its obedience to paying of deficits and debts.
B.W. Powe
#18. In the professional world of leadership ambition and potential are the most excessive commodities.
Noel DeJesus
#19. It is therefore utterly false to say that Marx revokes the law of value as far as individual commodities are concerned, and maintains it in force solely for the aggregate of these commodities.
Rudolf Hiferding
#20. Those who talk about books as commodities are inauthentic, just as those who collect acquaintances can be superficial in their friendships. A novel you like resembles a friend. You read it and reread it, getting to know it better. Like a friend, you accept it the way it is; you do not judge it.
Nassim Nicholas Taleb
#21. As use-values, commodities differ above all in quality, while as exchange-values they can only differ in quantity, and therefore do not contain an atom of use-value.
Karl Marx
#22. My first proper job was as a commodities broker. I went off to work every morning in an '80s power suit. I couldn't afford a good one, so I'd buy nice buttons instead and make it look better than it actually was.
Trinny Woodall
#23. The proposition of Mr. Ricardo, which states that a rise in the price of labour lowers the price of a large class of commodities, has undoubtedly a very paradoxical air; but it is, nevertheless, true, and the appearance of paradox would vanish, if it were stated more naturally and correctly.
Thomas Malthus
#24. With such enormous bucks devoted to trading in oil and other commodities, the distortions that they cause have been exacerbated.
Gary Weiss
#25. A rise of wages from this cause will, indeed, be invariably accompanied by a rise in the price of commodities; but in such cases, it will be found that labour and all commodities have not varied in regard to each other, and that the variation has been confined to money.
David Ricardo
#26. For things to have value in man's world, they are given the role of commodities. Among man's oldest and most constant commodity is woman.
Ana Castillo
#27. If the demand for home commodities should be diminished, because of the fall of rent on the part of the landlords, it will be increased in a far greater degree by the increased opulence of the commercial classes.
David Ricardo
#28. Gold and silver, like other commodities, have an intrinsic value, which is not arbitrary, but is dependent on their scarcity, the quantity of labour bestowed in procuring them, and the value of the capital employed in the mines which produce them.
David Ricardo
#29. Neither machines, nor the commodities made by them, rise in real value, but all commodities made by machines fall, and fall in proportion to their durability.
David Ricardo
#30. The iPod has taken away the whole platinum record sales prospect. Sincerity and specificity are going to be the hot commodities in music. Everybody can have anything that they want, so now it gets into what specifically you have to give.
Eric Lewis
#31. The people recognize themselves in their commodities; they find their soul in their automobile, hi-fi set, split-level home, kitchen equipment.
Herbert Marcuse
#32. Bourgeois political economy ... never gets to see man who is its real subject. It disregards the essence of man and his history and is thus in the profoundest sense not a 'science of people' but of non-people and of an inhuman world of objects and commodities.
Herbert Marcuse
#33. All those commodities are going to have to rise in value as we are in short supply and we are printing too much money.
Peter Schiff
#34. The values of commodities are directly as the times of labor employed in their production, and are inversely as the productive powers of the labor employed.
Karl Marx
#35. The opinions that the price of commodities depends solely on the proportion of supply and demand, or demand to supply, has become almost an axiom in political economy, and has been the source of much error in that science.
David Ricardo
#36. As we are brought into God's extraordinary kingdom through ordinary means, we are remade, no longer fashioned as competitors for commodities in a world of scarce resources, but as co-sharers with Christ in the circulation of gifts that flows outward from its source without running out.
Michael Horton
#37. Warmth, kindness, and friendship are the most yearned for commodities in the world. The person who can provide them will never be lonely.
Ann Landers
#38. But a rise in the wages of labour would not equally affect commodities produced with machinery quickly consumed, and commodities produced with machinery slowly consumed.
David Ricardo
#39. The current demand for marijuana and pornography is deeply revealing. Here are two commodities that Americans publicly abhor, privately adore, and buy in astonishing amounts.
Eric Schlosser
#40. The capitalist knows that all commodities, however scurvy they may look, or however badly they may smell, are in faith and in truth money, inwardly circumcised Jews, and what is more, a wonderful means whereby out of money to make more money.
Karl Marx
#41. Many tradesmen export their best commodities
the Christian should not. He should have all his conversation everywhere of the best savour; but let him have a care to put forth the sweetest fruit of spiritual life and testimony in his own family.
Charles Haddon Spurgeon
#42. Sisterhood is powerful. Woman can support each other as women, in their pursuit for enlightenment or anything else, without fear. But as long as she's still in the commodities exchange market, buying and selling, she must fear the competition.
Frederick Lenz
#43. In a world where women are commodities, a woman who refuses to sell herself will have the thing she refuses to sell taken away from her by force
Angela Carter
#44. What happened in 2008 stopped people in their tracks. People stopped looking at their homes simply as commodities to exploit and starting thinking about how they might personalise that space and make them less bland and more autobiographical, and that's healthy, I think.
Kevin McCloud
#45. I think the whole progress over the last two or three millennia has been entirely dependent on ideas and techniques and commodities and people moving from one part of the world to another. It seems difficult to take an anti-globalization view if one takes globalization properly in its full sense.
Amartya Sen
#46. In the market economy the worker sells his services as other people sell their commodities. The employer is not the employee's lord. He is simply the buyer of services which he must purchase at their market price.
Ludwig Von Mises
#47. Fairness means not to use fraud and trickery in the exchange of commodities and services and the exchange of feelings.
Erich Fromm
#48. These are the lords
That have bought titles: men may merchandise
Wares, ay and traffic in all commodities
From sea to sea, and from shore to shore:
But in my thought, of all things that are sold,
'Tis pity honor should be bought for gold:
It cuts off all desert.
Eliza Haywood
#49. Prudence is what makes someone a great commodities trader - the capacity to face reality squarely in the eye without allowing emotion or ego to get in the way. It's what is needed by every quarterback or battlefield general.
John Ortberg
#50. In a world of increasing interdependence, energy security will depend much on how countries manage their relations with one another. That is why energy security will be one of the main challenges of foreign policy in the years ahead. Oil and gas have always been political commodities.
Daniel Yergin
#51. We discovered that safety and security are commodities you can sell in return for excitement but you can never buy them back.
Louise Doughty
#52. Life can be lived at a remove. You trade in futures, and then you trade in derivatives of futures. Banks make more money trading derivatives than they do trading actual commodities.
Sebastian Faulks
#53. While foreign competitors, French or Japanese or German, merrily bid for contracts abroad, American companies find themselves tangled in a web of legislation designed to express disapproval, block trade in certain commodities, or perhaps deny resources to disfavored or hostile regimes.
Elliott Abrams
#54. When goods are exchanged between countries, they must be paid for by commodities or gold. They cannot be paid for by the notes, certificates, and checks of the purchaser's country, since these are of value only in the country of issue.
Carroll Quigley
#56. Manufacture, don't just trade. There is money in manufacturing even though it is capital intensive. To achieve a big breakthrough, I had to start manufacturing the same product I was trading on; which is commodities.
Aliko Dangote
#57. When the commodities go up and the cost of transportation is going up, and the value of the dollar is going down, it's all going to translate to an 8 to 10 percent rise in food prices.
John Catsimatidis
#58. Given the current state of publishing, I think it helps to have a brand name on the cover of your book. Comedians are proven commodities with built-in audiences. They may not have the writing chops of a Dave Eggers, but they're salacious and funny and self-reflective.
Michael Showalter
#59. Economy is the basis of society. When the economy is stable, society develops. The ideal economy combines the spiritual and the material, and the best commodities to trade in are sincerity and love.
Morihei Ueshiba
#60. The truth, in plain terms, is this: That men consume cloth and corn by fire or by using them, and that the effect is the same as regards money, but not as regards wealth, for it is precisely in the use of commodities that wealth or material prosperity consists.
Frederic Bastiat
#61. It is obvious, moreover, that the formation of price in capitalist society must differ from the formation of price in social conditions based upon the simple production of commodities.
Rudolf Hiferding
#62. Coal, in truth, stands not beside but entirely above all other commodities. It is the material energy of the country - the universal aid - the factor in everything we do." - William Stanley Jevons, economist, 1865
Naomi Klein
#63. By 'consumer society', I mean one in which commodities are increasingly used to express the core values of that society but also become the principal form through which people come to see, recognise and understand those values.
Daniel Miller
#64. In theory, everybody buys the best and cheapest commodities offered to him on the market. In practice, if every one went around pricing, and chemically testing before purchasing, the dozens of soaps or fabrics or brands of bread which are for sale, economic life would become hopelessly jammed.
Edward Bernays
#65. Children are not simply commodities to be herded into line and trained for the jobs that white people who live in segregated neighborhoods have available.
Jonathan Kozol
#66. The first of all commodities to be exchanged is labour, and the freedom of man consists only in the exercise of the right to determine for himself in what manner his labour shall be employed, and how he will dispose of its products.
Henry Charles Carey
#67. No extension of foreign trade will immediately increase the amount of value in a country, although it will very powerfully contribute to increase the mass of commodities and therefore the sum of enjoyments.
David Ricardo
#68. In the economy of the cuckoo people that populate central banks, everything is possible. What you have is gigantic bubbles, the NASDAQ in 2000, then the housing bubble and then commodities in 2008 when oil went from $78 to $147 before plunging to $32 within six months.
Marc Faber
#69. Remember this: of all the commodities men trade in, information is the most valuable by far.
Raymond E. Feist
#70. A lot of family members worked in the joint commodities family business. It was a classic case of capitalism at work and socialism at home.
Uday Kotak
#71. The geographical movement of money and commodities as capital is not the same as the movements of products and of precious metals. Capital is, after all, money used in a certain way, and is by no means identical with all money uses.
David Harvey
#72. To believe that the intolerable crime is to burn a few cars and rob some shops, whereas to kill a young man is trivial, is typically in keeping with what Marx regarded as the principal alienation of capitalism: the primacy of things over existence, of commodities over life and machines over workers
Alain Badiou
#73. Tragically, one of the rarest commodities in our culture is empathy. People are hungry for empathy, They don't know how to ask for it.
Marshall B. Rosenberg
#74. The facility of obtaining food is beneficial in two ways to the owners of capital, it at the same time raises profits and increases the amount of consumable commodities.
David Ricardo
#75. Over two billion people in China and India need commodities to grow their economies and improve their living standards.
Ivan Glasenberg
#76. It is here we come to the heart of the matter. The economic principle of comparative advantage', 'a country may, in return for manufactured commodities, import corn even if it can be grown with less labour than in the country from which it is imported
David Ricardo
#77. I do not think commodities are taken for granted. One of the convergences in time I noticed, and to me seemed very important, was the emergence of paper money. There had been permissionary notes, exchanging money by writing it, but there was no duplicated form of guaranteeing an exchange.
Marina Warner
#78. At times, some journalists see nothing in the people apart from an opportunity to make material gain. They see them as consumers to whom we sell commodities at huge profits that keep our bank accounts growing.
Wadah Khanfar
#79. Gold, unlike all other commodities, is a currency ... and the major thrust in the demand for gold is not for jewelry. It's not for anything other than an escape from what is perceived to be a fiat money system, paper money, that seems to be deteriorating.
Alan Greenspan
#80. Opinions are the cheapest commodities on earth. Everyone has a flock of opinions ready to be wished upon anyone who will accept them. If you are influenced by "opinions" when you reach DECISIONS, you will not succeed in any undertaking.
Napoleon Hill
#81. The commodity price easing really does not play too much role in our margins because our basic raw material - steel - is not really a commodities engineering steel.
Baba Kalyani
#82. The brilliancy of Aristotle's genius is shown by this alone, that he discovered, in the expression of the value of commodities, a relation of equality. The peculiar conditions of the society in which he lived, alone prevented him from discovering what, "in truth," was at the bottom of this equality.
Karl Marx
#83. Labour alone, therefore, never varying in its own value, is alone the ultimate and real standard by which the value of all commodities can at all times and places be estimated and compared. It is their real price; money is their nominal price only.
Adam Smith
#84. To succeed in business, you must build a brand and never destroy it. One competitive advantage I had when I ventured into manufacturing was my brand "Dangote," which I diligently built in the course of my trading commodities.
Aliko Dangote
