Maxioms Pet

X
  •   19  /  24  

    Many of the products which create a modern standard of living are only the physical incorporations of ideas- not only the ideas of an Edison or a Ford but the ideas of innumerable anonymous people who figure out the design of supermarkets, the location of gasoline stations, and the million mundane things on which our material well-being depends. Societies which have more people carrying out physical acts and fewer people supplying ideas do not have higher standards of living. Quite the contrary.

Share to:

You May Also Like   /   View all maxioms

  ( comments )
  24  /  31  

Throughout history, poverty is the normal condition of man. Advances which permit this norm to be exceeded- here and there, read more

Throughout history, poverty is the normal condition of man. Advances which permit this norm to be exceeded- here and there, now and then- are the work of an extremely small minority, frequently despised, often condemned, and almost always opposed by all right-thinking people. Whenever this tiny minority is kept from creating, or (as sometimes happens) is driven out of a society, the people then slip back into abject poverty.This is known as "bad luck.".

  ( comments )
  19  /  13  

Prosperity is living easily and happily in the real world, whether you have money or not.

Prosperity is living easily and happily in the real world, whether you have money or not.

  ( comments )
  22  /  24  

Fortune has something of the nature of a woman. If she is too intensely wooed, she commonly goes the further read more

Fortune has something of the nature of a woman. If she is too intensely wooed, she commonly goes the further away.

  ( comments )
  12  /  21  

Every day I get up and look through the Forbes list of the richest people in America. If I'm not read more

Every day I get up and look through the Forbes list of the richest people in America. If I'm not there, I go to work.

  ( comments )
  16  /  20  

Our supplies of natural resources are not finite in any economic sense. Nor does past experience give reason to expect read more

Our supplies of natural resources are not finite in any economic sense. Nor does past experience give reason to expect natural resources to become more scarce. Rather, if history is any guide, natural resources will progressively become less costly, hence less scarce, and will constitute a smaller proportion of our expenses in future years.

  ( comments )
  12  /  21  

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.

  ( comments )
  13  /  15  

Managing directors are not paid to be busy, they are paid to think.

Managing directors are not paid to be busy, they are paid to think.

  ( comments )
  25  /  12  

You cannot have the success without the failures.

You cannot have the success without the failures.

  ( comments )
  13  /  27  

Money is the sinews of love, as of war.

Money is the sinews of love, as of war.

Maxioms Web Pet