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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Anybody can cut prices, but it takes brains to produce a better article.
Anybody can cut prices, but it takes brains to produce a better article.
Do not fear mistakes. You will know failure. Continue to reach out.
Do not fear mistakes. You will know failure. Continue to reach out.
If your outgo exceeds your income, then your upkeep will be your downfall.
If your outgo exceeds your income, then your upkeep will be your downfall.
Tax reform means, 'Don't tax you, don't tax me. Tax that fellow behind the tree.'.
Tax reform means, 'Don't tax you, don't tax me. Tax that fellow behind the tree.'.
Economics is first and foremost about the thoughts leading up to choice.
Economics is first and foremost about the thoughts leading up to choice.
Energetic action on debt would make a radical difference to the prospects of many of the poorest countries in the read more
Energetic action on debt would make a radical difference to the prospects of many of the poorest countries in the world, at no practical cost to creditor countries.
More business is lost every year through neglect than through any other cause.
More business is lost every year through neglect than through any other cause.
He that maketh haste to be rich shall not be innocent. [Proverbs 28:20].
He that maketh haste to be rich shall not be innocent. [Proverbs 28:20].
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.
