By liberating women from household work and helping to abolish professions such as domestic service, the washing machine and other household goods completely revolutionised the structure of society.
Advertising moves people toward goods; merchandising moves goods toward people.
Advertising is a valuable economic factor because it is the cheapest way of selling goods, particularly if the goods are worthless.
If God has given you the world's goods in abundance, it is to help you gain those of Heaven and to be a good example of sound teaching to your sons, servants, and relatives.
I'm really still a child of the Forties. I still think about it a lot, about the repercussions of armed conflict. Until 1953 we had rationing. We couldn't buy meat, we couldn't buy pleasurable goods like cigarettes and sweets. I didn't starve - my family were lucky - but I knew what it was like standing in line waiting for foodstuffs.
I am a regular, if not exactly enthusiastic, patron of my local bookshop. I try to buy at least some books there because I cling to the belief that it's important to maintain those businesses which put a human face on the exchange of money for goods and services.
Raising the minimum wage to $10.10 will benefit about 28 million workers across the country. And it will help businesses, too - raising the wage will put more money in people's pockets, which they will pump back into the economy by spending it on goods and services in their communities.
It is the accuracy and detail inherent in crafted goods that endows them with lasting value. It is the time and attention paid by the carpenter, the seamstress and the tailor that makes this detail possible.
I had always been interested in markets - specifically, the theory that in financial markets, goods will trade at a fair value only when everyone has access to the same information.
Outsourcing and globalization of manufacturing allows companies to reduce costs, benefits consumers with lower cost goods and services, causes economic expansion that reduces unemployment, and increases productivity and job creation.