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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.
An economist is an expert who will know tomorrow why the things he predicted yesterday didn't happen today.
An economist is an expert who will know tomorrow why the things he predicted yesterday didn't happen today.
The increase in the world's population represents our victory against death...
The increase in the world's population represents our victory against death...
You don't manage people; you manage things. You lead people.
You don't manage people; you manage things. You lead people.
It's the economy, stupid.
It's the economy, stupid.
He who lives by the crystal ball soon learns to eat ground glass.
He who lives by the crystal ball soon learns to eat ground glass.
My riches consist not in the extent of my possessions, but in the fewness of my wants.
My riches consist not in the extent of my possessions, but in the fewness of my wants.
Avarice is the vice of declining years.
Avarice is the vice of declining years.
Greater consumption due to increase in population and growth of income heightens scarcity and induces price run-ups. A higher price read more
Greater consumption due to increase in population and growth of income heightens scarcity and induces price run-ups. A higher price represents an opportunity that leads inventors and businesspeople to seek new ways to satisfy the shortages. Some fail, at cost to themselves. A few succeed, and the final result is that we end up better off than if the original shortage problems had never arisen. That is, we need our problems, though this does not imply that we should purposely create additional problems for ourselves.
