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    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.

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  13  /  20  

Economics is not about things and tangible material objects; it is about men, their meanings and actions.

Economics is not about things and tangible material objects; it is about men, their meanings and actions.

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  8  /  10  

When we are in competition with ourselves, and match our todays against our yesterdays, we derive encouragement from past misfortunes read more

When we are in competition with ourselves, and match our todays against our yesterdays, we derive encouragement from past misfortunes and blemishes. Moreover, the competition with ourselves leaves unimpaired our benevolence toward our fellow men.

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  14  /  14  

Everything starts with the customer.

Everything starts with the customer.

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  12  /  16  

The market is a place set apart where men may deceive each other.

The market is a place set apart where men may deceive each other.

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  32  /  30  

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.

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  12  /  11  

The budget evolved from a management tool into an obstacle to management.

The budget evolved from a management tool into an obstacle to management.

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  16  /  16  

Every individual is the architect of his own fortune.

Every individual is the architect of his own fortune.

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In a trader-dominated society, the scribe is usually kept out of the management of affairs, but it given a more read more

In a trader-dominated society, the scribe is usually kept out of the management of affairs, but it given a more or less free hand in the cultural field. By frustrating the scribe's craving for commanding action, the trader draws upon himself the scribe's wrath and scorn.

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A bad forgery's the ultimate insult.

A bad forgery's the ultimate insult.

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