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Cost Quotes

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Cost Quotes

“Not understanding the process of a spontaneously-ordered economy goes hand-in-hand with not understanding the creation of resources and wealth. And when a person does not understand the creation of resources and wealth, the only intellectual alternative is to believe that increasing wealth must be at the cost of someone else. This belief that our good fortune must be an exploitation of others may be the taproot of false prophecy about doom that our evil ways must bring upon us.”

“[Gambling] is a perfidious passion. ... It is bad for one to win, and bad not to win. ... it ends by setting your blood on fire, and to increase your chances of winning at any cost, your stakes increase frightfully; the desire of winning gets to be a madness. The soul gets sick; it neither sees nor hears anything. No family ties, position, nor fortune, can stand against this passion.”

“The paradox is that exactly the reverse is true. Everything that’s really worthwhile in life came to us free; our minds, our souls, our bodies, our hopes, our dreams, our ambitions, our intelligence, our love of family and children and friends and country. All these priceless possessions are free. But the things that cost us money are actually very cheap and can be replaced at any time. A good man can be completely wiped out and make another fortune. He can do that several times. Even if our home burns down, we can rebuild it. But the things we got for nothing, we can never replace.”