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Business is a means- the only means- to increase the quantity of goods available for preserving life and rendering it read more
Business is a means- the only means- to increase the quantity of goods available for preserving life and rendering it more agreeable.
Not understanding the process of a spontaneously-ordered economy goes hand-in-hand with not understanding the creation of resources and wealth. And read more
Not understanding the process of a spontaneously-ordered economy goes hand-in-hand with not understanding the creation of resources and wealth. And when a person does not understand the creation of resources and wealth, the only intellectual alternative is to believe that increasing wealth must be at the cost of someone else. This belief that our good fortune must be an exploitation of others may be the taproot of false prophecy about doom that our evil ways must bring upon us.
There is no glory in outstripping donkeys.
There is no glory in outstripping donkeys.
Money is better than poverty, if only for financial reasons.
Money is better than poverty, if only for financial reasons.
The "human condition" is always to push forward for the better and economics is the study of that process.
The "human condition" is always to push forward for the better and economics is the study of that process.
A gift blinds the wise and perverts the words of the righteous.
A gift blinds the wise and perverts the words of the righteous.
Price fixing does not represent simply windfall gains and losses to particular groups according to whether the price happens to read more
Price fixing does not represent simply windfall gains and losses to particular groups according to whether the price happens to be set higher or lower than it would be otherwise. It represents a net lose to the economy as a whole to the extent that many transactions do not take place at all, because the mutually acceptable possibilities have been reduced.
A rich man is nothing but a poor man with money.
A rich man is nothing but a poor man with money.
Every day is a gift- even if it sucks.
Every day is a gift- even if it sucks.
