Since man does not create physical matter, those who handle material objects in the production process are not producers in that sense. Economic benefits result from the transformation of matter in form, location, or availability (intellectually or temporally). It is these transformations that create economic benefits valued by consumers, and whoever arranges such transformations contributes to the value of things, whether his hands actually come into contact with physical objects or not.
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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.
You read a book from beginning to end. You run a business the opposite way. You start with the end, read more
You read a book from beginning to end. You run a business the opposite way. You start with the end, and then you do everything you must to reach it.
Anybody can cut prices, but it takes brains to produce a better article.
Anybody can cut prices, but it takes brains to produce a better article.
For me, hard work represents the supreme luxury of life.
For me, hard work represents the supreme luxury of life.
People who work sitting down get paid more than people who work standing up.
People who work sitting down get paid more than people who work standing up.
...the only means to well-being is to increase the quantity of products. This is what business aims at.
...the only means to well-being is to increase the quantity of products. This is what business aims at.
The budget evolved from a management tool into an obstacle to management.
The budget evolved from a management tool into an obstacle to management.
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.
Whoever originated the cliche that money is the root of all evil knew hardly anything about the nature of evil read more
Whoever originated the cliche that money is the root of all evil knew hardly anything about the nature of evil and very little about human beings.
