Market Transactions Quotes

The propensity to truck, barter and exchange one thing for another is common to all men, and to be found in no other race of animals.

Outside the firm, price movements direct production, which is co-ordinated through a series of exchange transactions on the market. Within a firm, these market transactions are eliminated and in place of the complicated market structure with exchange transactions is substituted the entrepreneur-co-ordinator, who directs production.

Buying and selling is essentially antisocial.

So smile when you read a headline that says "Investors lose as market falls." Edit it in your mind to "Disinvestors lose as market falls-but investors gain." Though writers often forget this truism, there is a buyer for every seller and what hurts one necessarily helps the other. (As they say in golf matches: "Every putt makes someone happy.")

Markets are lethal, if only because of ignoring externalities, the impacts of their transactions on the environment.

Do I have a problem with Larry Ellison buying Sun? No, that's part of the capitalist system. As soon as we go public we're for sale, that's part of the deal. And do I have a problem with him exercising his intellectual property rights? No, I don't have a problem with that. Would it be how we necessarily ran and operated? Obviously not.

Trillions of dollars every day are being exchanged around the world in all of the financial markets.

The idea of a financial transaction tax on Wall Street trades is gaining momentum. I have a bill called - nicknamed the Robin Hood tax also. It's a bill that taxes stock trades, derivatives and bonds, and would generate in the neighborhood of $300 billion a year.

Everything we make in life, eventually, is sold for a dollar or a penny or given away.

Trade is a social act. Whoever undertakes to sell any description of any goods to the public, does what affects the interest of other persons, and of society in general; and thus his conduct, in principal, comes within the jurisdiction of society.

Price fixing does not represent simply windfall gains and losses to particular groups according to whether the price happens to be set higher or lower than it would be otherwise. It represents a net lose to the economy as a whole to the extent that many transactions do not take place at all, because the mutually acceptable possibilities have been reduced.

Payment systems are critically important for overall market stability. On a typical business day, U.S. payment and settlement systems settle transactions valued at over $13 trillion.

If you're a realist, you know that people have different roles to play in politics, economics, and this is an important role, but I do think that there has to be an understanding of how what happens here on Wall Street has such broad consequences not just for the domestic but the global economy, so more thought has to be given to the process and transactions and regulations so that we don't kill or maim what works, but we concentrate on the most effective way of moving forward with the brainpower and the financial power that exists here.

A lot of the American press at the time was saying 'just watch what happens when Bertelsmann tries to buy EMI, that will be a moment of truth that will show the Commission's true colors.' Well, that deal never happened either.