Quotes on Profit And Loss

The economic miracle that has been the United States was not produced by socialized enterprises, by government-unon-industry cartels or by centralized economic planning. It was produced by private enterprises in a profit-and-loss system. And losses were at least as important in weeding out failures, as profits in fostering successes. Let government succor failures, and we shall be headed for stagnation and decline.

The highest spiritual quality, the noblest property of mind a man can have, is this of loyalty ... a man with no loyalty in him, with no sense of love or reverence or devotion due to something outside and above his poor daily life, with its pains and pleasures, profits and losses, is as evil a case as man can be.

Wherever you look there’s meanness and corruption. This room, this bottle of grape wine, these fruits in the basket, are all products of profit and loss. A fellow can’t live without giving his passive acceptance to meanness. Somebody wears his tail to a frazzle for every mouthful we eat and every stitch we wear—and nobody seems to know. Everybody is blind, dumb, and blunt-headed—stupid and mean.

When we can drain the Ocean into mill-ponds, and bottle up the Force of Gravity, to be sold by retail, in gas jars; then may we hope to comprehend the infinitudes of man's soul under formulas of Profit and Loss; and rule over this too, as over a patent engine, by checks, and valves, and balances.