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.
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People don't have fortunes left them in that style nowadays; men have to work and women to marry for money. read more
People don't have fortunes left them in that style nowadays; men have to work and women to marry for money. It's a dreadfully unjust world.
Each man is the smith of his own fortune.
Each man is the smith of his own fortune.
Today is a... digital incarnation of Oz - the Internet - we are a motley group of fools from lions read more
Today is a... digital incarnation of Oz - the Internet - we are a motley group of fools from lions to scarecrows, learning from each other, making and taking responsibility for our decisions, and having fun as we skip down the yellow brick road of investing together!
When your work speaks for itself, don't interrupt.
When your work speaks for itself, don't interrupt.
I've got a living to make, to put it plainly; there's more money in shocking and terrifying than in edifying.
I've got a living to make, to put it plainly; there's more money in shocking and terrifying than in edifying.
I don't even get an allowance.
I don't even get an allowance.
Money is a terrible master but an excellent servant.
Money is a terrible master but an excellent servant.
The "human condition" is always to push forward for the better and economics is the study of that process.
The "human condition" is always to push forward for the better and economics is the study of that process.
It is your mind that matters economically, as much or more than your mouth or hands. In the long run, read more
It is your mind that matters economically, as much or more than your mouth or hands. In the long run, the most important economic effect of population size and growth is the contribution of additional people to our stock of useful knowledge. And this contribution is large enough in the long run to overcome all the costs of population growth.
