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Perhaps the most widespread misunderstanding of economics is that it applies solely to financial transactions. Frequently this leads to statements read more
Perhaps the most widespread misunderstanding of economics is that it applies solely to financial transactions. Frequently this leads to statements that "there are noneconomic values" to consider. There are, of course, noneconomic values. Indeed, there are only noneconomic values. Economics is not a value itself but merely a method of trading off one value against another.
Buying is a profound pleasure.
Buying is a profound pleasure.
Every individual is the architect of his own fortune.
Every individual is the architect of his own fortune.
Don't gamble; take all your savings and buy some good stock and hold it till it goes up, then sell read more
Don't gamble; take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don't go up, don't buy it.
As a manager the important thing is not what happens when you are there, but what happens when you are read more
As a manager the important thing is not what happens when you are there, but what happens when you are not there.
Location, location, location.
Location, location, location.
An economist's guess is liable to be as good as anybody else's.
An economist's guess is liable to be as good as anybody else's.
All currency is neurotic currency.
All currency is neurotic currency.
It's not your salary that makes you rich, it's your spending habits.
It's not your salary that makes you rich, it's your spending habits.
