If patriotism is, as Dr. Johnson used to remark, the last refuge of the scoundrel, wrapping outdated industry in the mantle of national interest is the last refuge of the economically dispossessed. In economic terms, pleading national interest is the declining cottage industry of those who have been bypassed by the global economy.
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Goodwill is the one and only asset that competition cannot undersell or destroy.
Goodwill is the one and only asset that competition cannot undersell or destroy.
Wealth maketh many friends. [Proverbs 19:4].
Wealth maketh many friends. [Proverbs 19:4].
There's no reason to be the richest man in the cemetery. You can't do any business from there.
There's no reason to be the richest man in the cemetery. You can't do any business from there.
Money is better than poverty, if only for financial reasons.
Money is better than poverty, if only for financial reasons.
Bulls make money. Bears make money. Pigs get slaughtered.
Bulls make money. Bears make money. Pigs get slaughtered.
Managers have traditionally developed the skills in finance, planning, marketing and production techniques. Too often the relationships with their people read more
Managers have traditionally developed the skills in finance, planning, marketing and production techniques. Too often the relationships with their people have been assigned a secondary role. This is too important a subject not to receive first line attention.
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.
What matters is not the allocation of portions out of a fund presented to man by nature. The problem is read more
What matters is not the allocation of portions out of a fund presented to man by nature. The problem is rather to further those social institutions which enable people to continue and to enlarge the production of all those things which they need.
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.
