Quotation.Cloud - A repository of notable quotations from across time and space

   

Authors by Last Name


Authors by First Name



Quotations about trade

Thomas SowellMany individual fallacies in economics are founded on the larger, and usually implicit, fallacious assumption that economic transactions are a zero-sum process, in which what is gained by someone is lost by someone else. But voluntary economic transactions -- whether between employer and employee, tenant and landlord, or international trade -- would not continue to take place unless both parties were better off making these transactions than not making them.

 - Thomas Sowell

Tags:   economics  money  trade  wealth