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.
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I've been promoted to middle management. I never thought I'd sink so low.
I've been promoted to middle management. I never thought I'd sink so low.
For me, hard work represents the supreme luxury of life.
For me, hard work represents the supreme luxury of life.
It's the economy, stupid.
It's the economy, stupid.
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.
Capitalists are motivated not chiefly by the desire to consume wealth or indulge their appetites, but by the freedom and read more
Capitalists are motivated not chiefly by the desire to consume wealth or indulge their appetites, but by the freedom and power to consummate their entrepreneurial ideas.
Economics is first and foremost about the thoughts leading up to choice.
Economics is first and foremost about the thoughts leading up to choice.
Every day is a gift- even if it sucks.
Every day is a gift- even if it sucks.
The difference between tax avoidance and tax evasion is the thickness of a prison wall.
The difference between tax avoidance and tax evasion is the thickness of a prison wall.
Money, the root of all evil...but the cure for all sadness.
Money, the root of all evil...but the cure for all sadness.
