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The principles applied in economic processes are general social principles.
The principles applied in economic processes are general social principles.
Economics is first and foremost about the thoughts leading up to choice.
Economics is first and foremost about the thoughts leading up to choice.
Anybody can cut prices, but it takes brains to produce a better article.
Anybody can cut prices, but it takes brains to produce a better article.
It's not your salary that makes you rich, it's your spending habits.
It's not your salary that makes you rich, it's your spending habits.
Prices are important not because money is considered paramount but because prices are a fast and effective conveyor of information read more
Prices are important not because money is considered paramount but because prices are a fast and effective conveyor of information through a vast society in which fragmented knowledge must be coordinated.
American prosperity and American free enterprise are both highly unusual in the world, and we should not overlook the possibility read more
American prosperity and American free enterprise are both highly unusual in the world, and we should not overlook the possibility that the two are connected.
A consumer is a shopper who is sore about something.
A consumer is a shopper who is sore about something.
I'm not a driven businessman, but a driven artist. I never think about money. Beautiful things make money.
I'm not a driven businessman, but a driven artist. I never think about money. Beautiful things make money.
An economist's guess is liable to be as good as anybody else's.
An economist's guess is liable to be as good as anybody else's.
