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M Quotes

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All M Quotes

“Mark Zuckerberg recently announced that he will donate $45 billion of his wealth to philanthropy. Two years ago, my husband and I decided to endow $100 million to set up the SOHO China Scholars. This program will give financial aid to Chinese students so they can attend the best universities in the world.”

“Market bashers ... might understand the claim that in some particular field, markets required no intervention--though they'd be skeptical--but the notion that, on general principle, complex systems ran themselves just fine without benign intervention seemed like it could only be the product of a quasi-religious faith. ... Of course, this gets things almost precisely backwards. It is the idea that all order must be explained by a functioning mind at the helm, not its denial, that has the closet affinity to the religious instinct.”

“Market forces have no intrinsically moral direction, which is why, before he wrote The Wealth of Nations, Adam Smith wrote The Theory of Moral Sentiments. Ethics should precede economics. But it doesn't have to. . . . We know this because we've seen the results of capitalism without conscience: the pollution of the air we breathe, the water we drink, and the food we eat; the endangerment of workers; and the sale of dangerous products - from cars to toys to drugs. All in pursuit of ever-greater profits.”

“Market moralities and mentalities-- fueled by economic imperatives to make a profit at nearly any cost-- yield unprecedented levels of loneliness, isolation, and sadness. And our public life lies in shambles, shot through with icy cynicism and paralyzing pessimism. To put it bluntly, beneath the record-breaking stock markets on Wall Street and bipartisan budget-balancing deals in the White House lurk ominous clouds of despair across this nation.”

“Market research is the process by which a business gathers and studies information related to the product or service it is providing or the market it is operating in.”

“Market studies suggest space tourism-a rubbernecker's trip to earth orbit-is likely to draw 50,000 passengers a year if the ticket can be pushed below $25,000. That's what tens of thousands of people spend each year on competing trips, such as round-the-world cruises on luxury liners and adventure tours to Antarctica or Mount Everest.”

“Market values are fixed only in part by balance sheets and income statements; much more by the hopes and fears of humanity; by greed, ambition, acts of God, invention, financial stress and strain, weather, discovery, fashion and numberless other causes impossible to be listed without omission.”