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Industry Quotes

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Industry Quotes

“The Internet will not become a money machine until the banking industry figures out how to transfer money for free so you can charge USD 0.005 (half a cent) for some simple service like, say, reading a newspaper article you have searched for. With today's payment system, the cost of the transfer of the funds completely dwarf the cost of the service paid for. ... This situation, however, is what acutely prevents the Internet from taking off as a network for paid services.”

Today Reading Simple Half Situation Figures Industry Internet Cost Machines Paid Newspapers Fund Articles Cents Banking Payment Transfers Dwarfs Dwarves

Author:Erik Naggum

“In recent years, you've probably read the articles about major recording artists who have decided to practically give their music away, for this promotion or that exclusive deal. My hope for the future, not just in the music industry, but in every young girl I meet...is that they all realize their worth and ask for it.”

Giving Years Young Artist Girl Asks Realizing Deals Industry Majors Decided Articles Promotion Exclusive Music Industry Hope For The Future

Author:Taylor Swift

“To a proprietor of a mine, the silver money is a produce with which he buys what he has occasion for. To all those through whose hands this silver afterwards passes, it is only the price of the produce which they themselves have raised by means of their property in land, their capitals, or their industry. In selling them they in the first place exchange them for money, and afterwards they exchange the money for articles of consumption.”

Firsts Mean Hands Politics Economy Land Produce Mines Industry Property Raised Selling Occasions Liberalism Silver Articles Consumption

Book:Letters to Thomas Robert Malthus on Political Economy and Stagnation of Commerce

Source: Letters to Thomas Robert Malthus on Political Economy and Stagnation of Commerce

“As James Surowiecki noted in a New Yorker article, given a choice between developing antibiotics that people will take every day for two weeks and antidepressants that people will take every day for ever, drug companies not surprisingly opt for the latter. Although a few antibiotics have been toughened up a bit, the pharmaceutical industry hasn't given us an entirely new antibiotic since the 1970s.”

“Industry prospers when it offers people articles which they want more than they want anything they now have. The fact is that people never buy what they need. They buy what they want.”

People Want Needs Facts Business Industry Offers Articles

Author:Charles Kettering

“Let's be clear about what people never say about Playboy on television. It was nothing more than an instrument for onanism. That's what it was. And the Internet co-opted that industry of self- gratification. There is no necessity for lonely men or teenagers to use Playboy. It turns out no one bought that magazine for the articles ever; it was used for only one thing.”

People Men Self Use Used Turns Clear One Thing Television Industry Internet Lonely Instruments Magazines Teenager Articles Gratification Playboy Lonely Man Self Gratification

Author:Greg Gutfeld

“If the present tax rates had been in effect from the beginning of our century, many who are millionaires today would live under more modest circumstances. But all those new branches of industry which supply the masses with articles unheard of before, would operate, if at all, on a much smaller scale, and their products would be beyond the reach of the common man.”

Source: Planning for freedom, and sixteen other essays and addresses