It is your mind that matters economically, as much or more than your mouth or hands. In the long run, the most important economic effect of population size and growth is the contribution of additional people to our stock of useful knowledge. And this contribution is large enough in the long run to overcome all the costs of population growth.
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Frankly, I don't want to see a rapid upturn. I want it to hold until some of these idiotic competitors read more
Frankly, I don't want to see a rapid upturn. I want it to hold until some of these idiotic competitors go bust.
People who work sitting down get paid more than people who work standing up.
People who work sitting down get paid more than people who work standing up.
It takes all the fun out of a bracelet if you have to buy it yourself.
It takes all the fun out of a bracelet if you have to buy it yourself.
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.
Budgets are for cutting, that's why you set them.
Budgets are for cutting, that's why you set them.
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.
The herd instinct among forecasters makes sheep look like independent thinkers.
The herd instinct among forecasters makes sheep look like independent thinkers.
The IRS spends God knows how much of your tax money on these toll-free information hot lines staffed by IRS read more
The IRS spends God knows how much of your tax money on these toll-free information hot lines staffed by IRS employees, whose idea of a dynamite tax tip is that you should print neatly. If you ask them a real tax question, such as how you can cheat, they're useless. So, for guidance, you want to look to big business. Big business never pays a nickel in taxes, according to Ralph Nader, who represents a big consumer organization that never pays a nickel in taxes...
We live in a time of transition, an uneasy era which is likely to endure for the rest of this read more
We live in a time of transition, an uneasy era which is likely to endure for the rest of this century. During the period we may be tempted to abandon some of the time-honored principles and commitments which have been proven during the difficult times of past generations. We must never yield to this temptation. Our American values are not luxuries, but necessities - not the salt in our bread, but the bread itself.
in his farewell address.
