Quotes & Sayings About Equivalent Exchange

Humankind cannot gain anything without first giving something in return. To obtain, something of equal value must be lost. That is alchemy's first law of Equivalent Exchange. In those days, we really believed that to be the world's one, and only, truth. But the world isn't perfect, and the law is incomplete. Equivalent Exchange doesn't encompass everything that goes on here, but I still choose to believe in its principle, that all things do come at a price, that there's an ebb and a flow, a cycle, that the pain we went through did have a reward, and that anyone who's determined and perseveres will get something of value in return, even if it's not what they expected. I don't think of Equivalent Exchange as a law of the world anymore. I think of it as a promise, between my brother and me. A promise that, someday, we'll see each other again. — Hiromu Arakawa

Humankind cannot gain something without first giving something in return. To obtain, something of equal value must be lost. This is Alchemy's First Law of Equivalent Exchange. In those days, we really believed that to be the world's one, and only, truth. — Hiromu Arakawa

I propose in the following discussion to call one's own labor, and the equivalent exchange of one's own labor for the labor of others, the 'economic means' for the satisfaction of needs, while the unrequited appropriation of the labor of others will be called the 'political means'. — Franz Oppenheimer

Before you start feeling bad about yourself for your debt, this would be a good moment to remind yourself that money doesn't exist--it's just a system of value exchange. That's it. Pure and simple. So, if you have debt, you've received value and you've not given the equivalent value back to the particular party in the exchange yet. That's all it means. It doesn't mean you're a bad person. It doesn't mean you're a screwup. You're not hopeless. You're not a mess. You simply have more value to give. — Kate Northrup

If the ways of this world are based on equivalent exchange, as alchemy says, then in order to allow for a new generation to enjoy good fortune, then the price that we must pay is to carry the bodies of the dead across a river of blood. — Hiromu Arakawa

An isolated person requires correspondence as a means of seeing his ideas as others see them, and thus guarding against the dogmatisms and extravagances of solitary and uncorrected speculation. No man can learn to reason and appraise from a mere perusal of the writing of others. If he live not in the world, where he can observe the public at first hand and be directed toward solid reality by the force of conversation and spoken debate, then he must sharpen his discrimination and regulate his perceptive balance by an equivalent exchange of ideas in epistolary form. — H.P. Lovecraft

Exchange is truly voluntary only when nearly equivalent alternatives exist. Monopoly implies the absence of alternatives and thereby inhibits effective freedom of exchange. — Milton Friedman

Everyone concedes that photography is now a medium of exchange as much as a mode of documentation ... photographing has become the visual equivalent of cellphone chatter. — Geoffrey Batchen

I should like to put before every one who is provided, from whatever source, with an income independent of their own exertions the following proposition. In order to justify the possession of this money, it is necessary to expend as much time, thought and energy in working for the advantage of other people as would be required for you to earn an equivalent sum in any recognized profession. By adopting this mode of thought we can accustom ourselves to think of money in terms of labour, our own or someone else's, and regard the one as a just exchange for the other. — Catherine Durning Whetham