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Many of the products which create a modern standard of living are only the physical incorporations of ideas- not only read more
Many of the products which create a modern standard of living are only the physical incorporations of ideas- not only the ideas of an Edison or a Ford but the ideas of innumerable anonymous people who figure out the design of supermarkets, the location of gasoline stations, and the million mundane things on which our material well-being depends. Societies which have more people carrying out physical acts and fewer people supplying ideas do not have higher standards of living. Quite the contrary.
Capitalists are motivated not chiefly by the desire to consume wealth or indulge their appetites, but by the freedom and read more
Capitalists are motivated not chiefly by the desire to consume wealth or indulge their appetites, but by the freedom and power to consummate their entrepreneurial ideas.
Uncle claims that if he files his income tax wrong he'll go to jail, and if he files it right read more
Uncle claims that if he files his income tax wrong he'll go to jail, and if he files it right he'll go to the poor house.
What the customer demands is last year's model, cheaper. To find out what the customer needs you have to understand read more
What the customer demands is last year's model, cheaper. To find out what the customer needs you have to understand what the customer is doing as well as he understands it. Then you build what he needs and you educate him to the fact that he needs it.
It is almost as difficult to keep a first class person in a fourth class job, as it is to read more
It is almost as difficult to keep a first class person in a fourth class job, as it is to keep a fourth class person in a first class job.
If you can run one business well, you can run any business well.
If you can run one business well, you can run any business well.
I don't want to do business with those who don't make a profit, because they can't give the best service.
I don't want to do business with those who don't make a profit, because they can't give the best service.
90% of the people in the stock market, professionals and amateurs alike, simply haven't done enough homework.
90% of the people in the stock market, professionals and amateurs alike, simply haven't done enough homework.
Money talks...but all mine ever says is good-bye.
Money talks...but all mine ever says is good-bye.