“Thus those reformers, who look for a remedy by creating artificial carrying-costs for the money through the device of requiring legal-tender currency to be periodically stamped at a prescribed cost in order to retain its quality as money, or in analogous ways, have been on the right track; and the practical value of their proposals deserves consideration.” WayLooksHas BeensValuesOrderQualityCostCreatingDeserveTrackPracticalsConsiderationDevicesArtificialRemedyCurrencyProposalReformersRight Track Author:John Maynard Keynes
“Some people did not like this ceremonious style. But after all when you have to kill a man it costs nothing to be polite.” PeopleMenWarStatesUnitedStyleCostLettersKingdomsServantConsiderationJapanHonourPoliteDecemberObedientAmbassadorsDeclaringUnited Kingdom Author:Winston Churchill
“Use makes a better soldier than the most urgent considerations of duty,--familiarity with danger enabling him to estimate the danger. He sees how much is the risk, and is not afflicted with imagination; knows practically Marshal Saxe's rule, that every soldier killed costs the enemy his weight in lead.” KnowsWarUseImaginationEnemyRiskDangerDutyCostWeightSoldierConsiderationUrgentFamiliarityEnabling Book:The Collected Works of Ralph Waldo Emerson: Society and solitude Source: The Collected Works of Ralph Waldo Emerson: Society and solitude
“Obviously, consideration of costs is key, including opportunity costs. Of course capital isn't free. It's easy to figure out your cost of borrowing, but theorists went bonkers on the cost of equity capital. They say that if you're generating a 100% return on capital, then you shouldn't invest in something that generates an 80% return on capital. It's crazy.” IfsCoursesOpportunityEasyCrazyFiguresKeysReturnCostIncludingConsiderationEquityBorrowingTheoristsOpportunity Cost Author:Charlie Munger
“The label YA actually means nothing except that the protagonists, or some of them, are young. Publishers like it because it is a secure marketing niche. But the cost of security is exclusion from literary consideration.” MeanYoungSecurityCostMarketingSecureLabelsConsiderationPublishersNicheExclusionProtagonists Author:Ursula K. Le Guin