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...we see that there are two different kinds of...societies: (a) parasitic societies and (b) producing societies. The former are those read more
...we see that there are two different kinds of...societies: (a) parasitic societies and (b) producing societies. The former are those which live from hunting, fishing, or merely gleaning. By their economic activities they do not increase, but rather decrease, the amount of wealth in the world. The second kind of societies, producing societies, live by agricultural and pastoral activities. By these activities they seek to increase the amount of wealth in the world.
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.
The real measure of your wealth is how much you'd be worth if you lost all your money.
The real measure of your wealth is how much you'd be worth if you lost all your money.
Price fixing does not represent simply windfall gains and losses to particular groups according to whether the price happens to read more
Price fixing does not represent simply windfall gains and losses to particular groups according to whether the price happens to be set higher or lower than it would be otherwise. It represents a net lose to the economy as a whole to the extent that many transactions do not take place at all, because the mutually acceptable possibilities have been reduced.
The trouble with being poor is that it takes up all your time.
The trouble with being poor is that it takes up all your time.
Buying is a profound pleasure.
Buying is a profound pleasure.
My riches consist not in the extent of my possessions, but in the fewness of my wants.
My riches consist not in the extent of my possessions, but in the fewness of my wants.
Whenever you are asked if you can do a job, tell 'em, "Certainly, I can!" Then get busy and find read more
Whenever you are asked if you can do a job, tell 'em, "Certainly, I can!" Then get busy and find out how to do it.
Everyone has the brainpower to follow the stock market. If you made it through fifth-grade math, you can do it. read more
Everyone has the brainpower to follow the stock market. If you made it through fifth-grade math, you can do it. - "Modern Maturity Magazine, Jan/Feb 1995".