Every company's greatest assets are its customers, because without customers there is no company.

Every company's greatest assets are its customers, because without customers there is no company.

The standard of living has risen along with the size of the world's population since the beginning of recorded time. read more

The standard of living has risen along with the size of the world's population since the beginning of recorded time. There is no convincing economic reason why these trends toward a better life should not continue indefinitely.

Perhaps the most widespread misunderstanding of economics is that it applies solely to financial transactions. Frequently this leads to statements read more

Perhaps the most widespread misunderstanding of economics is that it applies solely to financial transactions. Frequently this leads to statements that "there are noneconomic values" to consider. There are, of course, noneconomic values. Indeed, there are only noneconomic values. Economics is not a value itself but merely a method of trading off one value against another.

A consumer is a shopper who is sore about something.

A consumer is a shopper who is sore about something.

The principles applied in economic processes are general social principles.

The principles applied in economic processes are general social principles.

Money is better than poverty, if only for financial reasons.

Money is better than poverty, if only for financial reasons.

If all the economists were laid end to end, they'd never reach a conclusion.

If all the economists were laid end to end, they'd never reach a conclusion.

I've been promoted to middle management. I never thought I'd sink so low.

I've been promoted to middle management. I never thought I'd sink so low.

Having more money does not insure happiness. People with ten million dollars are no happier than people with nine million read more

Having more money does not insure happiness. People with ten million dollars are no happier than people with nine million dollars.