Not understanding the process of a spontaneously-ordered economy goes hand-in-hand with not understanding the creation of resources and wealth. And when a person does not understand the creation of resources and wealth, the only intellectual alternative is to believe that increasing wealth must be at the cost of someone else. This belief that our good fortune must be an exploitation of others may be the taproot of false prophecy about doom that our evil ways must bring upon us.
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Money is something you got to make in case you don't die.
Money is something you got to make in case you don't die.
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.
Because bankers measure their self-worth in money, and pay themselves a lot of it, they think they're fine fellows and read more
Because bankers measure their self-worth in money, and pay themselves a lot of it, they think they're fine fellows and don't need to explain themselves.
When you hire people that are smarter than you are, you prove you are smarter than they are.
When you hire people that are smarter than you are, you prove you are smarter than they are.
Money may kindle, but it cannot by itself, and for very long, burn.
Money may kindle, but it cannot by itself, and for very long, burn.
The rich swell up with pride, the poor from hunger.
The rich swell up with pride, the poor from hunger.
Today is a... digital incarnation of Oz - the Internet - we are a motley group of fools from lions read more
Today is a... digital incarnation of Oz - the Internet - we are a motley group of fools from lions to scarecrows, learning from each other, making and taking responsibility for our decisions, and having fun as we skip down the yellow brick road of investing together!
Goodwill is the one and only asset that competition cannot undersell or destroy.
Goodwill is the one and only asset that competition cannot undersell or destroy.
If you hire only those people you understand, the company will never get people better than you are. Always remember read more
If you hire only those people you understand, the company will never get people better than you are. Always remember that you often find outstanding people among those you don't particularly like.
