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The herd instinct among forecasters makes sheep look like independent thinkers.
The herd instinct among forecasters makes sheep look like independent thinkers.
Perhaps the most widespread misunderstanding of economics is that it applies solely to financial transactions. Frequently this leads to statements read more
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.
A man who has a million dollars is as well off as if her were rich.
A man who has a million dollars is as well off as if her were rich.
A fool and his money are soon parted. - Five Hundred Points of Good Husbandry.
A fool and his money are soon parted. - Five Hundred Points of Good Husbandry.
There is no glory in outstripping donkeys.
There is no glory in outstripping donkeys.
The five steps in teaching an employee new skills are preparation, explanation, showing, observation and supervision.
The five steps in teaching an employee new skills are preparation, explanation, showing, observation and supervision.
American prosperity and American free enterprise are both highly unusual in the world, and we should not overlook the possibility read more
American prosperity and American free enterprise are both highly unusual in the world, and we should not overlook the possibility that the two are connected.
Money is better than poverty, if only for financial reasons.
Money is better than poverty, if only for financial reasons.
Wealth maketh many friends. [Proverbs 19:4].
Wealth maketh many friends. [Proverbs 19:4].
