Calvin Coolidge: Prosper Progress

Meaning of Calvin Coolidge Money Quote: saying Prosperity and progress of society go hand in hand. Calvin Coolidge said:

 

 

“Civilization and profits go hand in hand” — Calvin Coolidge

The quote conveys Coolidge’s view that civilization and profits tend to mutually reinforce one another, with civilizational progress creating conditions where profit-seeking can flourish, while profits also provide means to support continued societal advancement. He portrays a linked, symbiotic relationship between a society’s level of organization and its capacity for generating wealth.

Coolidge implies that well-functioning, stable civilizations provide environments where commerce can thrive through mechanisms like clearly defined property rights, enforceable contracts, infrastructure for transportation/communication, educated workforces, and stable governance that protects free exchange. This in turn fosters higher profits that fuel further economic growth and development.

Birthday: July 4, 1872 – Death: January 5, 1933

Iain Pears: Profits by Villainy

Meaning of Iain Pears Money Quote: saying If someone makes a profit from crime, they are guilty of committing that same crime. Iain Pears said:

 

 

“He who profits by villainy, has perpetrated it” — Iain Pears

In this quote, Iain Pears is making the point that those who benefit from wrongdoing are as culpable as those who directly carried out the harmful acts. The best interpretation is that Pears believes if someone gains advantage or profit from another’s villainous or unethical behavior, then they have essentially participated in or enabled that villainy, even if they did not personally commit the bad acts.

By accepting the fruits of corruption or injustice, one has implicitly condoned and become complicit in that corruption or injustice according to Pears’ view. The quote conveys that those who reap rewards or privileges from the misdeeds of others should not see themselves as separate or blameless for those misdeeds.
 

Assata Shakur: Tax-Free Profits

Meaning Assata Shakur Corporations tax-free profits politicians cut food stamps salaries City bankruptcy, dollars spent spend millions arms close day care centers fire stations. Assata Shakur said:
 

 

“While big corporations make huge, tax-free profits, taxes for the everyday working person skyrocket. While politicians take free trips around the world, those same politicians cut back food stamps for the poor. While politicians increase their salaries, millions of people are being laid off. This city is on the brink of bankruptcy, and yet hundreds of thousands of dollars are being spent on this trial. I do not understand a government so willing to spend millions of dollars on arms, to explore outer space, even the planet Jupiter, and at the same time close down day care centers and fire stations” — Assata Shakur

Assata Shakur was criticizing the priorities of the U.S. government in this quote. She points out that while large corporations and politicians benefit financially, everyday working people face increasing taxes and cuts to social services.

At the same time, the government spends vast sums on military weapons, space exploration, and other projects seen as less essential than programs that directly help citizens, like day care centers and fire stations.

The overall interpretation is that the government favors powerful corporate and political interests over the needs of ordinary citizens, especially the poor and vulnerable. Shakur saw this as unjust and “did not understand” the logic of a system with such skewed priorities.

Peter Thiel: Creative Monopoly

Meaning of Peter Thiel Money Quote: saying money can be made by special creative monopolies but not by those who are required to compete. Peter Thiel said:

 


 

“CREATIVE MONOPOLY means new products that benefit everybody and sustainable profits for the creator. Competition means no profits for anybody, no meaningful differentiation, and a struggle for survival

In this quote, entrepreneur and investor Peter Thiel seems to be contrasting the concepts of “creative monopoly” and competition. He suggests that a creative monopoly, where a company has unique control over a novel product or service it has developed, allows for widespread benefits through the availability of that innovation as well as sustainable profits for its creator.

In contrast, Thiel views competition as leading to a lack of profits for any business as they struggle to differentiate themselves, instead resulting in commodity-like offerings and a fight for survival. The quote advocates for circumstances where companies can gain some protection or advantage from their creative works and inventions, rather than having to constantly fend off copycats.

Overall, Thiel seems to be arguing that monopolies born of genuine innovation can optimize outcomes for both businesses and consumers compared to situations defined purely by competition

Libba Bray: Cost to Democracy

Meaning of Libba Bray Money Quote: saying we must question our leaders on whether they hold power, if they are abusive of that power, whether they profit from power and how costly it is. Libba Bray said:

 

 

“There are questions about who holds power, who abuses it, who profits from it, and at what cost to our democracy” — Libba Bray

This quote from Libba Bray is discussing issues of power and its relationship to democracy. It raises questions about who currently holds positions of power and authority, whether some in power are misusing or abusing their power for their own benefit, who financially profits from the current power structures, and what negative impacts the concentration and misuse of power may have on democratic values and principles.

Overall, the quote seems to be calling for reflection on how power is distributed and used in society, and whether changes could strengthen democracy.

Ludwig Mises: Entrepreneur Profits

Meaning of Ludwig von Mises Money Quote: saying being entrepreneurial does not mean you’ll necessarily be making money without making what consumers want most. Ludwig von Mises said:
 

 

“The entrepreneur does not make greater profits in selling bad things than in selling good things. His profits are the greater the better he succeeds in providing the consumers with those things they ask for most intensely” — Ludwig von Mises

In this quote, Ludwig von Mises is explaining the role of entrepreneurs in a free market economy. He argues that entrepreneurs do not profit more by selling inferior or unwanted products, but rather by fulfilling consumer demand as effectively as possible.

According to Mises, entrepreneurs earn the highest profits when they are most successful at providing consumers with the goods and services that consumers desire most urgently.

So Mises is suggesting that the profit incentive naturally drives entrepreneurs to meet consumer needs and wants, as the only path to greater profits is satisfying market demand through innovation and efficiency.

The overall interpretation is that Mises viewed the free market as self-correcting, with entrepreneurs rewarded most for delivering what benefits consumers, not what is bad for them.

Birthday: September 29, 1881 – Death: October 10, 1973

Euripides: Price for Base Profits

Meaning of Euripides Money Quote: saying being a bad person and doing bad things for money leads to paying a further penalty. Euripides said:
 

“Many have paid the price for base profits” — Euripides

This quote from the ancient Greek playwright Euripides suggests that pursuing profits in an unethical or harmful way can have negative consequences.

Euripides seems to be warning that some people have suffered serious costs or losses as a result of prioritizing profits over integrity, morality or people’s well-being.

The “base profits” referred to are likely those gained through deceitful, dangerous or unjust means.

The quote conveys that short-term financial gain should not come at the expense of principles or of hurting others.

Birthday: c. 480 BC – Death: c. 406 BC

James Davidson: Cybercurrency

Meaning of James Dale Davidson Money Quote: saying Predictions being made about financial transactions happening online in cyberspace, rather than traditional institutions. James Dale Davidson said:
 

 

“Not only will transactions occur over the Net, but they will migrate outside the jurisdiction of nation-states. Payment will be rendered in cybercurrency. Profits will be booked in cyberbanks. Investments will be made in cyberbrokerages” — James Dale Davidson

In this quote, James Dale Davidson is making predictions about the future of commerce and finance moving increasingly online beyond the control of national governments. Some key points:

• When he says “transactions will occur over the Net”, Davidson is anticipating more business being conducted digitally through online networks rather than in-person.
• By stating transactions will “migrate outside the jurisdiction of nation-states”, he suggests cross-border e-commerce could erode the regulatory power of individual countries.
• Davidson forecasts that “payment will be rendered in cybercurrency”, implying the rise of digital/cryptocurrencies for online financial exchange.
• His view that “profits will be booked in cyberbanks” and “investments will be made in cyberbrokerages” points to the emergence of internet-based banking and investment firms.

Overall, the quote conveys Davidson’s perspective in the 1990s that commerce and finance were poised to increasingly move online and globally through digital platforms, disrupting traditional structures and opening opportunities beyond any single national authority’s control or oversight.