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.
You May Also Like / View all maxioms
Whoever originated the cliche that money is the root of all evil knew hardly anything about the nature of evil read more
Whoever originated the cliche that money is the root of all evil knew hardly anything about the nature of evil and very little about human beings.
Greed is all right, by the way I think greed is healthy. You can be greedy and still feel good read more
Greed is all right, by the way I think greed is healthy. You can be greedy and still feel good about yourself.
A gift blinds the wise and perverts the words of the righteous.
A gift blinds the wise and perverts the words of the righteous.
My riches consist not in the extent of my possessions, but in the fewness of my wants.
My riches consist not in the extent of my possessions, but in the fewness of my wants.
The tougher the job, the greater the reward.
The tougher the job, the greater the reward.
The entire essence of America is the hope to first make money -- then make money with money -- then read more
The entire essence of America is the hope to first make money -- then make money with money -- then make lots of money with lots of money.
Each man is the smith of his own fortune.
Each man is the smith of his own fortune.
The buck stops with the guy who signs the checks.
The buck stops with the guy who signs the checks.
I figure you have the same chance of winning the lottery whether you play or not.
I figure you have the same chance of winning the lottery whether you play or not.
