If you do it right 51 percent of the time you will end up a hero.

If you do it right 51 percent of the time you will end up a hero.

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.

Buying is a profound pleasure.

Buying is a profound pleasure.

A gift blinds the wise and perverts the words of the righteous.

A gift blinds the wise and perverts the words of the righteous.

If patriotism is, as Dr. Johnson used to remark, the last refuge of the scoundrel, wrapping outdated industry in the read more

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 Johnson used to remark, the last refuge of the scoundrel, wrapping outdated industry in the mantle of national interest is the last refuge of the economically dispossessed.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.

Our job is not to set things right but to see them right.

Our job is not to set things right but to see them right.

The rich swell up with pride, the poor from hunger.

The rich swell up with pride, the poor from hunger.

Money is a terrible master but an excellent servant.

Money is a terrible master but an excellent servant.

If your outgo exceeds your income, then your upkeep will be your downfall.

If your outgo exceeds your income, then your upkeep will be your downfall.