The entire essence of America is the hope to first make money -- then make money with money -- then read more

The entire essence of America is the hope to first make money -- then make money with money -- then make lots of money with lots of money.

Honor sinks where commerce long prevails.

Honor sinks where commerce long prevails.

Uncle claims that if he files his income tax wrong he'll go to jail, and if he files it right read more

Uncle claims that if he files his income tax wrong he'll go to jail, and if he files it right he'll go to the poor house.

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.

The essence of wealth is the capacity to control the forces of nature, and the extent of wealth depends upon read more

The essence of wealth is the capacity to control the forces of nature, and the extent of wealth depends upon the level of technology and the ability to create new knowledge.

Business is a means- the only means- to increase the quantity of goods available for preserving life and rendering it read more

Business is a means- the only means- to increase the quantity of goods available for preserving life and rendering it more agreeable.

Money is the sinews of love, as of war.

Money is the sinews of love, as of war.

The "human condition" is always to push forward for the better and economics is the study of that process.

The "human condition" is always to push forward for the better and economics is the study of that process.

The boss must first distinguish between action information and status information. He must discipline himself not to act on problems read more

The boss must first distinguish between action information and status information. He must discipline himself not to act on problems his managers can solve, and never to act on problems when he is explicitly reviewing status. I once knew a boss who invariably picked up the phone to give orders before the end of the first paragraph in a status report. That response is guaranteed to squelch full disclosure.