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Our job is not to set things right but to see them right.
Our job is not to set things right but to see them right.
Economics is first and foremost about the thoughts leading up to choice.
Economics is first and foremost about the thoughts leading up to choice.
It is surprising, in the welter of questions that one gets at (AGMs), how few actually relate to the performance read more
It is surprising, in the welter of questions that one gets at (AGMs), how few actually relate to the performance of the company, or the decisions taken by the board in particular areas.
Every few seconds it changes - up an eighth, down an eighth - it's like playing a slot machine. I read more
Every few seconds it changes - up an eighth, down an eighth - it's like playing a slot machine. I lose $20 million, I gain $20 million.
All people, however fanatical they may be in their zeal to disparage and to fight capitalism, implicitly pay homage to read more
All people, however fanatical they may be in their zeal to disparage and to fight capitalism, implicitly pay homage to it by passionately clamoring for the products it turns out.
To kill a relative of whom you are tired is something. But to inherit his property afterwards, that is genuine read more
To kill a relative of whom you are tired is something. But to inherit his property afterwards, that is genuine pleasure.
The growing complexity of science, technology, and organization does not imply either a growing knowledge or a growing need for read more
The growing complexity of science, technology, and organization does not imply either a growing knowledge or a growing need for knowledge in the general population. On the contrary, the increasingly complex processes tend to lead to increasingly simple and easily understood products. The genius of mass production is precisely in its making more products more accessible, both economically and intellectually to more people.
It is the duty of a good shepherd to shear his sheep, not to skin them.
It is the duty of a good shepherd to shear his sheep, not to skin them.
By desiring little, a poor man makes himself rich.
By desiring little, a poor man makes himself rich.