Posts Tagged ‘wages’

« Previous PageNext Page »

Romans 6:23: Wages of Sin Death

Posted by admin on Sunday, April 4, 2021

Romans 6:23 Bible Money Quote saying Christian belief that Jesus paid for humanity’s sins with his life – celebrated with the Easter Holiday. Romans 6:23 said:
 
For the wages of sin is death; but the gift of God is eternal life through Jesus Christ our Lord Quote
 

“For the wages of sin is death; but the gift of God is eternal life through Jesus Christ our Lord” — Romans 6:23

 

Share </> Quote Image

Share the Romans 6:23 Money quote image above on your site:

 
Short Link to this Quote:

[collapse]

 

This verse from Romans teaches that sin has severe consequences, with the “wages” or payment for sin being death. However, it also conveys the good news that salvation from sin’s effects is possible through God’s gift of eternal life by accepting Jesus Christ.

When read in context, it indicates that those who believe in Christ will not face spiritual death but rather everlasting life, as he overcame sin and death through his resurrection.

So the passage presents both a warning about sin’s penalty as well as a message of hope – that through faith in Jesus, one can escape death and receive the free gift of enduring life with God forever in heaven.

Toni Morrison: Earnings Squander

Posted by admin on Tuesday, August 6, 2019

Toni Morrison Money Quote saying in the New Yorker of 2017 that money can be wasted and it can be used for real things where it is needed and can bring fulfillment to us. Toni Morrison said:
 
my pride was based on the fact that I gave half my wages to my mother, which meant that some of my earnings were used for real things — an insurance-policy payment Quote
 

“Part of my pride in working for Her was earning money I could squander: on movies, candy, paddleballs, jacks, ice-cream cones. But a larger part of my pride was based on the fact that I gave half my wages to my mother, which meant that some of my earnings were used for real things — an insurance-policy payment or what was owed to the milkman or the iceman” — Toni Morrison

 

Share </> Quote Image

Share the Toni Morrison Money quote image above on your site:

 
Short Link to this Quote:

[collapse]

 

In this quote, Toni Morrison is reflecting on her childhood experience of working to earn money and the pride she took in both enjoying small pleasures with some of her wages, but also contributing financially to her family through giving half of her earnings to her mother.

The best interpretation is that Morrison felt a dual sense of pride – she was proud to have independence and agency over some of her money to buy little treats, but she took even greater pride in being able to help support her family practically through the portion of her wages that went towards necessities like insurance, bills for milk and ice delivery.

Morrison viewed both aspects – enjoying modest personal rewards of her work as well as meaningfully assisting her mother through her earnings – as contributing to her self-worth and positive identity at that stage of her life. The quote conveys Morrison’s appreciation for both the small joys and real responsibilities that came with her early working experience.

Birthday: February 18, 1931 – Death: August 5, 2019

Abraham Lincoln: Reasonable Wage

Posted by admin on Tuesday, January 1, 2019

Abraham Lincoln Money Quote saying in text from the Emancipation Proclamation on January 1, 1863 that all slaves were to be free and were encouraged to work for pay. Abraham Lincoln said:
 
People so declared to be free and I recommend to them that they labor faithfully for reasonable wages Quote

“I hereby enjoin upon the people so declared to be free to abstain from all violence, unless in necessary self-defence; and I recommend to them that, in all cases when allowed, they labor faithfully for reasonable wages” — Abraham Lincoln

 

Share </> Quote Image

Share the Abraham Lincoln Money quote image above on your site:

 
Short Link to this Quote:

[collapse]

 

Lincoln held the view that newly freed slaves should be encouraged to work for reasonable wages. By saying they should “labor faithfully for reasonable wages”, Lincoln indicates his belief that compensated labor was an important part of the transition from slavery to freedom. The quote reflects Lincoln’s perspective that former slaves should have the opportunity to earn wages through their own work, rather than be denied compensation or economic independence as they had been under slavery.

Birthday: February 12, 1809 – Death: April 15, 1865

Leon Trotsky: Understand Economic Process

Posted by admin on Friday, November 9, 2018

Leon Trotsky Money Quote saying words and labels for economic processes are meaningless and not understood by most – and certainly not within their power to change or direct. Leon Trotsky said:
 
Such categories as ‘commodity’, ‘money’, ‘wages’, ‘capital’, ‘profit’, ‘tax’, and the like are only semi-mystical reflections in men’s heads of the various aspects of a process of economy Quote
 

“Such categories as ‘commodity’, ‘money’, ‘wages’, ‘capital’, ‘profit’, ‘tax’, and the like are only semi-mystical reflections in men’s heads of the various aspects of a process of economy which they do not understand and which is not under their control” — Leon Trotsky

 

Share </> Quote Image

Share the Leon Trotsky Money quote image above on your site:

 
Short Link to this Quote:

[collapse]

 

In this quote, Leon Trotsky is criticizing how people view fundamental economic concepts like commodities, money, wages, capital and profit as abstract, fixed categories.

He argues these are merely “semi-mystical reflections” in people’s minds that don’t truly capture the complex realities of economic processes, which individuals do not fully comprehend and cannot fully dictate.

Trotsky appears to be suggesting that the economy is dynamic and shaped by many interconnected forces, not static categories.

Overall, he seems to aim to dispel overly simplistic or rigid thinking about economic terms, and imply that the real workings of the economy are more fluid, complicated and beyond any single person’s control than surface conceptualizations may indicate.

Birthday November 7, 1879 Died (assassinated) on August 21, 1940

 

Barack Obama: Top of Economic Pyramid

Posted by admin on Monday, September 10, 2018

Barack Obama Money Quote saying the economic recovery has skewed the wealth even further toward the wealthy and those already at the top. Barack Obama said:

 As wages slowed and inequality accelerated, those at the top of the economic pyramid have been able to influence government to skew things even more in their direction Quote

“As wages slowed and inequality accelerated, those at the top of the economic pyramid have been able to influence government to skew things even more in their direction” — Barack Obama

 

Share </> Quote Image

Share the Barack Obama Money quote image above on your site:

 
Short Link to this Quote:

[collapse]

 

In this quote, Barack Obama is criticizing how growing economic inequality and stagnating wages for many Americans have allowed those at the very top of the income scale to wield disproportionate influence over government.

He argues that as the pay gap between ordinary workers and the wealthy widened, the richest individuals have used their means to shape policies that further entrench their advantages. Obama appears to believe this skewing of rules and systems has occurred to the detriment of average citizens.

Overall, the quote aims to highlight how unequal growth in incomes and wealth has translated into an imbalance of political power that benefits corporate and financial elites over the general public according to Obama.

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

 

Share </> Quote Image

Share the Adam Smith Money quote image above on your site:

 
Short Link to this Quote:

[collapse]

 

In this quote, Adam Smith is critiquing how merchants and business owners complain about the negative effects of “high wages” on goods prices and sales. However, Smith notes that they fail to acknowledge or mention the negative impacts of their own “high profits”. By “high profits”, Smith is referring to large profit margins that businesses earn by paying workers relatively low wages.

He is suggesting that high profits also contribute to increasing the prices consumers pay for goods. Overall, Smith is pointing out a double standard where employers blame only high labor costs and not their own profit-seeking behaviors for any economic issues. The quote aims to show that business owners should not scapegoat high wages alone and ignore the role of profits in determining overall production and pricing.

Birthday: c. 16 June – Death: July 17, 1790

Toni Fan: Data Economy Income

Posted by admin on Thursday, September 7, 2017

Toni Fan Money Quote saying our work online will be paid enough to fully replace what we do offline to earn a living. Toni Fan said:
 
Data Economy online income will replace wages earned offline, allowing make a living on data Quote
 

“In the next stage of the data economy, online income from digital labor will replace wages earned offline, allowing us to make a living off the data we share” — Toni Fan

 

Share </> Quote Image

Share the Toni Fan Money quote image above on your site:

 
Short Link to this Quote:

[collapse]

 

In this quote, Toni Fan is predicting that in the future, income earned from digital labor and monetizing personal data online will replace traditional wages from offline jobs. Fan seems to be referring to the growing “data economy” where companies pay users or compensate them in other ways for sharing their personal data and digital activities.

The quote suggests that Fan believes digital platforms will evolve to a point where people can generate an income stream solely from the data they produce, whether through targeted ads, selling anonymized data insights, microwork like content moderation, or other emerging digital labor.

Fan is envisioning a shift where online data sharing and digital work become a mainstream way for individuals to financially support themselves without having to hold a conventional nine-to-five job.

Adam Smith: Pernicious Effects of Gain

Posted by admin on Friday, April 21, 2017

Adam Smith Money Quote saying retailers complain of the high cost of wages but never of profits. Adam Smith said:
 
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 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. They are silent with regard to the pernicious effects of their own gains. They complain only of those of other people” — Adam Smith

 

Share </> Quote Image

Share the Adam Smith Money quote image above on your site:

 
Short Link to this Quote:

[collapse]

 

In this quote, Adam Smith is criticizing merchants and business owners for only focusing on the negative effects of high wages on goods prices and sales, while ignoring the negative impacts of their own high profits. By “high profits”, Smith is referring to large profit margins that businesses earn by paying workers relatively low wages.

He notes that the employers “complain much” about high labor costs raising prices, but “say nothing” and are “silent” about how their own profit-seeking behaviors also contribute to increasing consumer prices. Smith suggests it is hypocritical for employers to solely blame workerswages, and not acknowledge how profits also play a role in determining overall production and pricing.

The quote aims to highlight the one-sided and self-serving nature of business owners who scapegoat high wages but do not reflect on the “pernicious effects” or harms that may also stem from prioritizing high profits.

Birthday: c. 16 June – Death: July 17, 1790

« Previous PageNext Page »

Money Quotes Daily