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.
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Taxation WITH representation ain't so hot either.
Taxation WITH representation ain't so hot either.
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.
Value is not intrinsic; it is not in things. It is within us; it is the way in which man read more
Value is not intrinsic; it is not in things. It is within us; it is the way in which man reacts to the conditions of his environment.
I have probably purchased fifty 'hot tips' in my career, maybe even more. When I put them all together, I read more
I have probably purchased fifty 'hot tips' in my career, maybe even more. When I put them all together, I know I am a net loser.
Save a little money each month and at the end of the year you'll be surprised at how little you read more
Save a little money each month and at the end of the year you'll be surprised at how little you have.
Goodwill is the one and only asset that competition cannot undersell or destroy.
Goodwill is the one and only asset that competition cannot undersell or destroy.
Don't gamble; take all your savings and buy some good stock and hold it till it goes up, then sell read more
Don't gamble; take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don't go up, don't buy it.
When you want something, you have to be willing to pay your dues.
When you want something, you have to be willing to pay your dues.
Money isn't everything… but it ranks right up there with oxygen.
Money isn't everything… but it ranks right up there with oxygen.
