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My father taught me to work; he did not teach me to love it.
My father taught me to work; he did not teach me to love it.
We live in a time of transition, an uneasy era which is likely to endure for the rest of this read more
We live in a time of transition, an uneasy era which is likely to endure for the rest of this century. During the period we may be tempted to abandon some of the time-honored principles and commitments which have been proven during the difficult times of past generations. We must never yield to this temptation. Our American values are not luxuries, but necessities - not the salt in our bread, but the bread itself.
in his farewell address.
Ask five economists and you'll get five different answers (six if one went to Harvard).
Ask five economists and you'll get five different answers (six if one went to Harvard).
Not understanding the process of a spontaneously-ordered economy goes hand-in-hand with not understanding the creation of resources and wealth. And read more
Not understanding the process of a spontaneously-ordered economy goes hand-in-hand with not understanding the creation of resources and wealth. And when a person does not understand the creation of resources and wealth, the only intellectual alternative is to believe that increasing wealth must be at the cost of someone else. This belief that our good fortune must be an exploitation of others may be the taproot of false prophecy about doom that our evil ways must bring upon us.
We may not be able to offer long-term employment, but we should try to offer long-term employability.
We may not be able to offer long-term employment, but we should try to offer long-term employability.
What difference does it make how much you have? What you do not have amounts to much more.
What difference does it make how much you have? What you do not have amounts to much more.
In the midst of life we are in debt.
In the midst of life we are in debt.
The greatest productive force is human selfishness.
The greatest productive force is human selfishness.
By desiring little, a poor man makes himself rich.
By desiring little, a poor man makes himself rich.
