Not understanding the process of a spontaneously-ordered economy goes hand-in-hand with not understanding the creation of resources and wealth. And when a person does not understand the creation of resources and wealth, the only intellectual alternative is to believe that increasing wealth must be at the cost of someone else. This belief that our good fortune must be an exploitation of others may be the taproot of false prophecy about doom that our evil ways must bring upon us.
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Economics is not about things and tangible material objects; it is about men, their meanings and actions.
Economics is not about things and tangible material objects; it is about men, their meanings and actions.
...it is solely bigness in business which makes it possible to supply the masses with all those products the present-day read more
...it is solely bigness in business which makes it possible to supply the masses with all those products the present-day American common man does not want to do without. Luxury goods for the few can be produced in small shops. Luxury goods for the many require big business.
I get so tired listening to one million dollars here, one million dollars there, it's so petty.
I get so tired listening to one million dollars here, one million dollars there, it's so petty.
We are all manufacturers. Making good, making trouble, or making excuses.
We are all manufacturers. Making good, making trouble, or making excuses.
A rich man is nothing but a poor man with money.
A rich man is nothing but a poor man with money.
A man's indebtedness is not virtue; his repayment is. Virtue begins when he dedicates himself actively to the job of read more
A man's indebtedness is not virtue; his repayment is. Virtue begins when he dedicates himself actively to the job of gratitude.
The employer generally gets the employees he deserves.
The employer generally gets the employees he deserves.
I have probably purchased fifty 'hot tips' in my career, maybe even more. When I put them all together, I read more
I have probably purchased fifty 'hot tips' in my career, maybe even more. When I put them all together, I know I am a net loser.
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.
