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Economics is first and foremost about the thoughts leading up to choice.
Economics is first and foremost about the thoughts leading up to choice.
The desire of businessmen for profits is what drives prices down unless forcibly prevented from engaging in price competition, usually read more
The desire of businessmen for profits is what drives prices down unless forcibly prevented from engaging in price competition, usually by governmental activity.
Money isn't everything… but it ranks right up there with oxygen.
Money isn't everything… but it ranks right up there with oxygen.
Value is not intrinsic; it is not in things. It is within us; it is the way in which man read more
Value is not intrinsic; it is not in things. It is within us; it is the way in which man reacts to the conditions of his environment.
Debt is the worst poverty.
Debt is the worst poverty.
Most people...find a disorientating mismatch between the long-term nature of their liabilities and the increasingly short-term nature of their assets.
Most people...find a disorientating mismatch between the long-term nature of their liabilities and the increasingly short-term nature of their assets.
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.".
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.
As a small businessperson, you have no greater leverage than the truth.
As a small businessperson, you have no greater leverage than the truth.
