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To think that the new economy is over is like somebody in London in 1830 saying the entire industrial revolution read more
To think that the new economy is over is like somebody in London in 1830 saying the entire industrial revolution is over because some textile manufacturers in Manchester went broke.
If all the economists were laid end to end, they'd never reach a conclusion.
If all the economists were laid end to end, they'd never reach a conclusion.
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.
Our whole evolution up to this point shows that human groups spontaneously evolve patterns of behavior, as well as patterns read more
Our whole evolution up to this point shows that human groups spontaneously evolve patterns of behavior, as well as patterns of training people for that behavior, which tend on balance to lead people to create rather than destroy. Humans are, on net balance, builders rather than destroyers.
Every few seconds it changes - up an eighth, down an eighth - it's like playing a slot machine. I read more
Every few seconds it changes - up an eighth, down an eighth - it's like playing a slot machine. I lose $20 million, I gain $20 million.
Every company's greatest assets are its customers, because without customers there is no company.
Every company's greatest assets are its customers, because without customers there is no company.
Sudden money is going from zero to two hundred dollars a week. The rest doesn't count.
Sudden money is going from zero to two hundred dollars a week. The rest doesn't count.
Since man does not create physical matter, those who handle material objects in the production process are not producers in read more
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.
Budgets are for cutting, that's why you set them.
Budgets are for cutting, that's why you set them.
