Posts Tagged ‘merchant’
Ralph Waldo Emerson: Common To Costly
on Tuesday, October 31, 2017Ralph Waldo Emerson Money Quote saying a merchant must only find a way to bring things from unknown places to where they are needed to earn his way. Ralph Waldo Emerson said:
“The craft of the merchant is this bringing a thing from where it abounds, to where it is costly” — Ralph Waldo Emerson
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In this quote, Ralph Waldo Emerson seems to be characterizing a core function of merchants and commerce. By stating that the “craft of the merchant” involves “bringing a thing from where it abounds, to where it is costly”, Emerson appears to be describing the process of arbitrage or exploiting differences in supply and demand across locations.
He portrays merchants as facilitating trade by transferring goods from regions where they are plentiful and cheaper to other areas where they are scarcer and thus more valuable. The quote conveys Emerson’s view that merchants play an important economic role in balancing distributions of resources, enabling societies to access necessary items even if they are not locally abundant.
Overall, Emerson characterizes merchants’ work as optimizing resource allocation on a larger scale by transporting surplus supplies from one community to fulfill needs in another.
Birthday: May 25, 1803 – Death: April 27, 1882
Jack Weatherford: Cash in Relationships
on Thursday, September 8, 2011Jack Weatherford Money Quotation saying there is no denying that money strongly affects all interpersonal interaction and human social connections. Jack Weatherford said:
“Money defines relationships among people, not just between customer and merchant in the marketplace or employer and laborer in the workplace” — Jack Weatherford
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In this quote, Jack Weatherford is expanding on his view that money plays a defining role in relationships. The best interpretation is:
- Weatherford believes money not only shapes relationships between economic actors like customers/merchants and employers/employees, as one might expect.
- He argues that money also influences relationships among people in general, whether they are interacting in an explicitly economic context or not.
- Weatherford sees the power of money to define dynamics and introduce complications extending beyond just marketplace and workplace transactions, but also coloring personal interactions and social bonds between individuals wherever they occur.
The overall message is that according to Weatherford, money is deeply ingrained in society and a pervasive factor that can affect the character of relationships between all people on multiple levels, not just in overtly commercial settings. He views monetary influences as woven into the fabric of social interactions in a broad sense.