You May Also Like / View all maxioms
A market is the combined behavior of thousands of people responding to information, misinformation and whim.
A market is the combined behavior of thousands of people responding to information, misinformation and whim.
Economic depression cannot be cured by legislative action or executive pronouncement. Economic wounds must be healed by the action of read more
Economic depression cannot be cured by legislative action or executive pronouncement. Economic wounds must be healed by the action of the cells of the economic body - the producers and consumers themselves.
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.
The highest use of capital is not to make more money, but to make money do more for the betterment read more
The highest use of capital is not to make more money, but to make money do more for the betterment of life.
Budgets are for cutting, that's why you set them.
Budgets are for cutting, that's why you set them.
The most important benefit of population size and growth is the increase it brings to the stock of useful knowledge. read more
The most important benefit of population size and growth is the increase it brings to the stock of useful knowledge. Minds matter economically as much as, or more than, hands or mouths.
An economist's guess is liable to be as good as anybody else's.
An economist's guess is liable to be as good as anybody else's.
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.
To think that the new economy is over is like somebody in London in 1830 saying the entire industrial revolution read more
To think that the new economy is over is like somebody in London in 1830 saying the entire industrial revolution is over because some textile manufacturers in Manchester went broke.
