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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A gift blinds the wise and perverts the words of the righteous.
A gift blinds the wise and perverts the words of the righteous.
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.
There ain't no such thing as a free lunch."
A Libertarian Movement slogan - The Moon Is a Harsh Mistress, read more
There ain't no such thing as a free lunch."
A Libertarian Movement slogan - The Moon Is a Harsh Mistress, 1907.
I get so tired listening to one million dollars here, one million dollars there, it's so petty.
I get so tired listening to one million dollars here, one million dollars there, it's so petty.
Do not fear mistakes. You will know failure. Continue to reach out.
Do not fear mistakes. You will know failure. Continue to reach out.
Ask five economists and you'll get five different answers (six if one went to Harvard).
Ask five economists and you'll get five different answers (six if one went to Harvard).
If you want to give a man credit, put it in writing. If you want to give him hell, do read more
If you want to give a man credit, put it in writing. If you want to give him hell, do it on the phone.
It is surprising, in the welter of questions that one gets at (AGMs), how few actually relate to the performance read more
It is surprising, in the welter of questions that one gets at (AGMs), how few actually relate to the performance of the company, or the decisions taken by the board in particular areas.
Only the little people pay taxes.
Only the little people pay taxes.
