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Economics is a theoretical science and as such abstains from any judgement of value. It is not its task to read more
Economics is a theoretical science and as such abstains from any judgement of value. It is not its task to tell people what ends they should aim at. It is a science of the means to be applied for attainment of ends chosen, not, to be sure, a science of the choosing of ends. Ultimate decisions, the valuations and the choosing of ends, are beyond the scope of any science. Science never tells a man how he should act; it merely shows how a man must act if he wants to attain definite ends.
A man with a surplus can control circumstances, but a man without a surplus is controlled by them, and often read more
A man with a surplus can control circumstances, but a man without a surplus is controlled by them, and often has no opportunity to exercise judgment.
The truth is that economic competition is the very opposite of competition in the animal kingdom. It is not a read more
The truth is that economic competition is the very opposite of competition in the animal kingdom. It is not a competition in the grabbing off of scarce nature-given supplies, as it is in the animal kingdom. Rather, it is a competition in the positive creation of new and additional wealth.
Don't buy the house, buy the neighborhood.
Don't buy the house, buy the neighborhood.
A rich man is nothing but a poor man with money.
A rich man is nothing but a poor man with money.
It's the economy, stupid.
It's the economy, stupid.
Conducting your business in a socially responsible way is good business. It means that you can attract better employees and read more
Conducting your business in a socially responsible way is good business. It means that you can attract better employees and that customers will know what you stand for and like you for it.
Every day is a gift- even if it sucks.
Every day is a gift- even if it sucks.
Few great men could pass personal.
Few great men could pass personal.