We live in a time of transition, an uneasy era which is likely to endure for the rest of this century. During the period we may be tempted to abandon some of the time-honored principles and commitments which have been proven during the difficult times of past generations. We must never yield to this temptation. Our American values are not luxuries, but necessities - not the salt in our bread, but the bread itself.
in his farewell address.
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The real measure of your wealth is how much you'd be worth if you lost all your money.
The real measure of your wealth is how much you'd be worth if you lost all your money.
As a small businessperson, you have no greater leverage than the truth.
As a small businessperson, you have no greater leverage than the truth.
Budgets are for cutting, that's why you set them.
Budgets are for cutting, that's why you set them.
A consumer is a shopper who is sore about something.
A consumer is a shopper who is sore about something.
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.
Perhaps the most widespread misunderstanding of economics is that it applies solely to financial transactions. Frequently this leads to statements read more
Perhaps the most widespread misunderstanding of economics is that it applies solely to financial transactions. Frequently this leads to statements that "there are noneconomic values" to consider. There are, of course, noneconomic values. Indeed, there are only noneconomic values. Economics is not a value itself but merely a method of trading off one value against another.
Every individual is the architect of his own fortune.
Every individual is the architect of his own fortune.
What protectionism teaches us, is to do to ourselves in time of peace what enemies seek to do to us read more
What protectionism teaches us, is to do to ourselves in time of peace what enemies seek to do to us in time of war.
A fool and his money are soon parted. - Five Hundred Points of Good Husbandry.
A fool and his money are soon parted. - Five Hundred Points of Good Husbandry.
