Posts Tagged ‘merchants’

Adam Smith: High Wages, High Profits

Posted by admin on Tuesday, January 2, 2018

Adam Smith Money Quote saying business owners fully blame wages for increasing the cost of goods, but rarely believe profits have any deleterious effect. Adam Smith said:
 
Merchants complain of high wages raising price of goods, say nothing of high profits Quote
 

“Our merchants and masters complain much of the bad effects of high wages in raising the price and lessening the sale of goods. They say nothing concerning the bad effects of high profits” — Adam Smith

 
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John Andrew Holmes: Gift-Giving to Retailers

Posted by admin on Saturday, December 20, 2014

John Andrew Holmes Money Quotation saying that we give without restraint in the short time between black Friday and Christmas Eve – our biggest gift to retail stores. John Andrew Holmes said:
 
Christmas season period when public plays Santa Claus to the merchants Quote
 

“The Christmas season has come to mean the period when the public plays Santa Claus to the merchants” — John Andrew Holmes

 
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Money Quotes Daily

Money Quotes Daily