We do not hear the term "compassionate" applied to business executives or entrepreneurs, certainly not when they are engaged in their normal work. Yet in terms of results in the measurable form of jobs created, lives enriched, communities built, living standards raised, and poverty healed, a handful of capitalists has done infinitely more for mankind than all the self-serving politicians, academics, social workers, and religionists who march under the banner of "compassion".
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A computer will not make a good manager out of a bad manager. It makes a good manager better faster read more
A computer will not make a good manager out of a bad manager. It makes a good manager better faster and a bad manager worse faster.
Frankly, I don't want to see a rapid upturn. I want it to hold until some of these idiotic competitors read more
Frankly, I don't want to see a rapid upturn. I want it to hold until some of these idiotic competitors go bust.
Hire the best. Pay them fairly. Communicate frequently. Provide challenges and rewards. Believe in them. Get out of their way read more
Hire the best. Pay them fairly. Communicate frequently. Provide challenges and rewards. Believe in them. Get out of their way and they'll knock your socks off.
The creditor hath a better memory than the debtor.
The creditor hath a better memory than the debtor.
One rose says more than the dozen.
One rose says more than the dozen.
Our job is not to set things right but to see them right.
Our job is not to set things right but to see them right.
Money never starts an idea; it is the idea that starts the money.
Money never starts an idea; it is the idea that starts the money.
Few great men could pass personal.
Few great men could pass personal.
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.
