There are only two lasting bequests we can hope to give our children. One of these is roots, the other, read more

There are only two lasting bequests we can hope to give our children. One of these is roots, the other, wings.

Since man does not create physical matter, those who handle material objects in the production process are not producers in read more

Since man does not create physical matter, those who handle material objects in the production process are not producers in that sense. Economic benefits result from the transformation of matter in form, location, or availability (intellectually or temporally). It is these transformations that create economic benefits valued by consumers, and whoever arranges such transformations contributes to the value of things, whether his hands actually come into contact with physical objects or not.

Buying is a profound pleasure.

Buying is a profound pleasure.

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.

What protectionism teaches us, is to do to ourselves in time of peace what enemies seek to do to us read more

What protectionism teaches us, is to do to ourselves in time of peace what enemies seek to do to us in time of war.

You can't run a business without taking risks.

You can't run a business without taking risks.

Money may kindle, but it cannot by itself, and for very long, burn.

Money may kindle, but it cannot by itself, and for very long, burn.

A gift blinds the wise and perverts the words of the righteous.

A gift blinds the wise and perverts the words of the righteous.

As the science of economics...exploded the fallacies of every brand of utopianism, it was outlawed and stigmatized as unscientific.

As the science of economics...exploded the fallacies of every brand of utopianism, it was outlawed and stigmatized as unscientific.