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Prices are important not because money is considered paramount but because prices are a fast and effective conveyor of information read more
Prices are important not because money is considered paramount but because prices are a fast and effective conveyor of information through a vast society in which fragmented knowledge must be coordinated.
Everyone has the brainpower to follow the stock market. If you made it through fifth-grade math, you can do it. read more
Everyone has the brainpower to follow the stock market. If you made it through fifth-grade math, you can do it. - "Modern Maturity Magazine, Jan/Feb 1995".
What matters is not the allocation of portions out of a fund presented to man by nature. The problem is read more
What matters is not the allocation of portions out of a fund presented to man by nature. The problem is rather to further those social institutions which enable people to continue and to enlarge the production of all those things which they need.
The creditor hath a better memory than the debtor.
The creditor hath a better memory than the debtor.
If you're not serving the customer, you'd better be serving someone who is.
If you're not serving the customer, you'd better be serving someone who is.
The art of taxation consists in so plucking the goose as to obtain the largest amount of feathers with the read more
The art of taxation consists in so plucking the goose as to obtain the largest amount of feathers with the least possible amount of hissing.
Only the little people pay taxes.
Only the little people pay taxes.
Our supplies of natural resources are not finite in any economic sense. Nor does past experience give reason to expect read more
Our supplies of natural resources are not finite in any economic sense. Nor does past experience give reason to expect natural resources to become more scarce. Rather, if history is any guide, natural resources will progressively become less costly, hence less scarce, and will constitute a smaller proportion of our expenses in future years.
A market is the combined behavior of thousands of people responding to information, misinformation and whim.
A market is the combined behavior of thousands of people responding to information, misinformation and whim.
