“Churches are tax exempt because they are supposed to provide a public good. To prove that good to the IRS, churches arent supposed to hoard their money. They are supposed to spend it on goods and services for the faithful. Under this pretense, the church has made massive investments in tax free real estate all over the world. And when it comes to labor costs, they are almost free.” WorldMadeRealChurchCostProveTaxesLaborInvestmentFaithfulMassiveGoodsEstatesPretenseIrsPublic GoodGoods And Services Author:Lawrence Wright
“The essence and the glory of the free market is that individual firms and businesses, competing on the market, provide an ever-changing orchestration of efficient and progressive goods and services: continually improving products and markets, advancing technology, cutting costs, and meeting changing consumer demands as swiftly and as efficiently as possible.” IndividualTechnologyCuttingProductsCostDemandGloryEssenceMeetingsConsumersFirmGoodsProgressiveEfficientImprovingCompetingFree MarketAdvancingGoods And ServicesOrchestration Book:For a New Liberty: The Libertarian Manifesto Source: For a New Liberty: The Libertarian Manifesto
“Requiring the payment of higher wages will lead to a loss of some jobs and a raising of prices which drives companies to search for automation to reduce costs. On the other hand, those receiving higher wages will spend more (the marginal propensity to consume is close to 1 for low income earners) and this will increase demand for additional goods and services. Henry Ford had the clearest vision of why companies can actually benefit by paying higher wages.” HandsJobsLossCompanyVisionHigherCostDemandBenefitsLowsIncreaseIncomeGoodsReceivingWagesPaymentPropensityGoods And ServicesLow IncomeAutomation Author:Philip Kotler
“Lawsuit abuse is a major contributor to the increased costs of healthcare, goods and services to consumers.” FeetCostMajorsAbuseConsumersGoodsHealthcareLawsuitContributorsGoods And Services Author:Charles W. Pickering