Economics is a theoretical science and as such abstains from any judgement of value. It is not its task to tell people what ends they should aim at. It is a science of the means to be applied for attainment of ends chosen, not, to be sure, a science of the choosing of ends. Ultimate decisions, the valuations and the choosing of ends, are beyond the scope of any science. Science never tells a man how he should act; it merely shows how a man must act if he wants to attain definite ends.
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All mass movements avail themselves of action as a means of unification. The conflicts a mass movement seeks and incites read more
All mass movements avail themselves of action as a means of unification. The conflicts a mass movement seeks and incites serve not only to down its enemies but also to strip its followers of their distinct individuality and render them more soluble in the collective medium.
Why is there so much month left at the end of the money?
Why is there so much month left at the end of the money?
Save a little money each month and at the end of the year you'll be surprised at how little you read more
Save a little money each month and at the end of the year you'll be surprised at how little you have.
I'm proud to be paying taxes in the United States. The only thing is -- I could be just as read more
I'm proud to be paying taxes in the United States. The only thing is -- I could be just as proud for half the money.
Taxation WITH representation ain't so hot either.
Taxation WITH representation ain't so hot either.
The most important benefit of population size and growth is the increase it brings to the stock of useful knowledge. read more
The most important benefit of population size and growth is the increase it brings to the stock of useful knowledge. Minds matter economically as much as, or more than, hands or mouths.
We do not hear the term "compassionate" applied to business executives or entrepreneurs, certainly not when they are engaged in read more
We do not hear the term "compassionate" applied to business executives or entrepreneurs, certainly not when they are engaged in their normal work. Yet in terms of results in the measurable form of jobs created, lives enriched, communities built, living standards raised, and poverty healed, a handful of capitalists has done infinitely more for mankind than all the self-serving politicians, academics, social workers, and religionists who march under the banner of "compassion".
If you love your customer to death, you can't go wrong.
If you love your customer to death, you can't go wrong.
It is time that financial types developed a greater tolerance for imprecision, because that’s the way the world is.
It is time that financial types developed a greater tolerance for imprecision, because that’s the way the world is.
