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Stressing output is the key to improving productivity, while looking to increase activity can result in just the opposite.
Stressing output is the key to improving productivity, while looking to increase activity can result in just the opposite.
We live in a time of transition, an uneasy era which is likely to endure for the rest of this read more
We live in a time of transition, an uneasy era which is likely to endure for the rest of this century. During the period we may be tempted to abandon some of the time-honored principles and commitments which have been proven during the difficult times of past generations. We must never yield to this temptation. Our American values are not luxuries, but necessities - not the salt in our bread, but the bread itself.
in his farewell address.
We are all manufacturers. Making good, making trouble, or making excuses.
We are all manufacturers. Making good, making trouble, or making excuses.
The five essential entrepreneurial skills for success: Concentration, Discrimination, Organization, Innovation and Communication.
The five essential entrepreneurial skills for success: Concentration, Discrimination, Organization, Innovation and Communication.
Entrepreneurship is the last refuge of the trouble making individual.
Entrepreneurship is the last refuge of the trouble making individual.
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.".
My father taught me to work; he did not teach me to love it.
My father taught me to work; he did not teach me to love it.
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.
The greatest productive force is human selfishness.
The greatest productive force is human selfishness.