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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The problem with the person who thinks he's a long-term investor and impervious to short-term gyrations is that the emotion read more
The problem with the person who thinks he's a long-term investor and impervious to short-term gyrations is that the emotion of fear and pain will eventually make him sell badly.
If money be not they servant, it will be thy master. The covetous man cannot so properly be said to read more
If money be not they servant, it will be thy master. The covetous man cannot so properly be said to possess wealth, as that may be said to possess him.
All people, however fanatical they may be in their zeal to disparage and to fight capitalism, implicitly pay homage to read more
All people, however fanatical they may be in their zeal to disparage and to fight capitalism, implicitly pay homage to it by passionately clamoring for the products it turns out.
If you can run one business well, you can run any business well.
If you can run one business well, you can run any business well.
Money, the root of all evil...but the cure for all sadness.
Money, the root of all evil...but the cure for all sadness.
The way to get things done is not to mind who gets the credit for doing them.
The way to get things done is not to mind who gets the credit for doing them.
Corporations cannot commit treason, or be outlawed or excommunicated, for they have no souls.
Corporations cannot commit treason, or be outlawed or excommunicated, for they have no souls.
If all the gold in the world were melted down into a solid cube it would be about the size read more
If all the gold in the world were melted down into a solid cube it would be about the size of an eight room house. If a man got possession of all that gold -- billions of dollars worth -- he could not buy a friend, character, peace of mind, clear conscience or a sense of eternity.
Frankly, I don't want to see a rapid upturn. I want it to hold until some of these idiotic competitors read more
Frankly, I don't want to see a rapid upturn. I want it to hold until some of these idiotic competitors go bust.
