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Every man is the architect of his own fortune.
Every man is the architect of his own fortune.
Debt is the worst poverty.
Debt is the worst poverty.
Not understanding the process of a spontaneously-ordered economy goes hand-in-hand with not understanding the creation of resources and wealth. And read more
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.
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.
God, grant me the Senility to forget the people I never liked anyway, the good fortune to run into the read more
God, grant me the Senility to forget the people I never liked anyway, the good fortune to run into the ones I do, and the eyesight to tell the difference
Most people...find a disorientating mismatch between the long-term nature of their liabilities and the increasingly short-term nature of their assets.
Most people...find a disorientating mismatch between the long-term nature of their liabilities and the increasingly short-term nature of their assets.
It is your people who make the ultimate difference. You put the investment into training the people and then, when read more
It is your people who make the ultimate difference. You put the investment into training the people and then, when you get invited to the party with the big boys, that is a unique selling point.
To live content with small means; to seek elegance rather than luxury, and refinement rather than fashion; to be worthy, read more
To live content with small means; to seek elegance rather than luxury, and refinement rather than fashion; to be worthy, not respectable, and wealthy, not rich; to study hard, think quietly, talk gently, act frankly; to listen to stars and birds, to babes and sages, with open heart; to bear all cheerfully, do all bravely, await occasions, hurry never. In a word, to let the spiritual, unbidden and unconscious, grow up through the common. This is to be my symphony.
A market is the combined behavior of thousands of people responding to information, misinformation and whim.
A market is the combined behavior of thousands of people responding to information, misinformation and whim.
