It is by all odds the loftiest of cities. It even managed to reach the highest point in the sky at the lowest moment of the depression.
E. B. WhiteRead
The trouble with the profit system has always been that it was highly unprofitable to most people.
Interpretation
The profit system primarily benefits a small number of individuals while disadvantaging the majority.
E. B. White's quote highlights a fundamental issue with the profit system, suggesting that while it generates wealth, it tends to disproportionately favor those at the top, leaving many people experiencing unprofitability. This reflects the systemic inequalities and challenges that arise within economic structures where profits are prioritized over equitable distribution of resources and opportunities.
In practice
Discussing economic policies during a community meeting.
It is by all odds the loftiest of cities. It even managed to reach the highest point in the sky at the lowest moment of the depression.
It isn't silence you can cut with a knife any more, it's interchange of ideas. Intelligent discussion of practically everything is what is breaking up modern marriage.
The main thing I try to do is write as clearly as I can. Because I have the greatest respect for the reader, and if he's going to the trouble of reading what I've written -- I'm a slow reader myself and I guess most people are -- why, the least I can do is make it as easy as possible for him to find out what I'm trying to say, trying to get at. I rewrite a good deal to make it clear.
A good farmer is nothing more nor less than a handy man with a sense of humus.
A despot doesn't fear eloquent writers preaching freedom- he fears a drunken poet who may crack a joke that will take hold.
All writing is communication; creative writing is communication through revelation-it is the Self-escaping into the open.
We have always known that heedless self-interest was bad morals; we know now that it is bad economics. Out of the collapse of a prosperity whose builders boasted their practicality has come the conviction that in the long run economic morality pays.
The shortage of buyers, which the world is suffering from, is readily understood, not as due to people not wishing to obtain possession of goods, but as people being unwilling to part with something which might earn a regular income in exchange for those goods.
People want economy, and they'll pay any price to get it.
If you're totally illiterate and living on one dollar a day, the benefits of globalization never come to you.
Speculators may do no harm as bubbles on a steady stream of enterprise. But the position is serious when enterprise becomes a bubble on a whirlpool of speculation. When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill done.
While it was an experiment to bring them together, nothing has divided Europe as much as the euro.
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