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The business that considers itself immune to the necessity for advertising sooner or later finds itself immune to business.
The business that considers itself immune to the necessity for advertising sooner or later finds itself immune to business.
Money is something you got to make in case you don't die.
Money is something you got to make in case you don't die.
Whoever claims that economic competition represents 'survival of the fittest' in the sense of the law of the jungle, provides read more
Whoever claims that economic competition represents 'survival of the fittest' in the sense of the law of the jungle, provides the clearest possible evidence of his lack of knowledge of economics.
You don't want to get the same kind of advice from everyone on your board.
You don't want to get the same kind of advice from everyone on your board.
Each man is the smith of his own fortune.
Each man is the smith of his own fortune.
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).
Since man does not create physical matter, those who handle material objects in the production process are not producers in read more
Since man does not create physical matter, those who handle material objects in the production process are not producers in that sense. Economic benefits result from the transformation of matter in form, location, or availability (intellectually or temporally). It is these transformations that create economic benefits valued by consumers, and whoever arranges such transformations contributes to the value of things, whether his hands actually come into contact with physical objects or not.
The greatest productive force is human selfishness.
The greatest productive force is human selfishness.
A compromise is the art of dividing a cake in such a way that everyone believes that he has got read more
A compromise is the art of dividing a cake in such a way that everyone believes that he has got the biggest piece.
