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...we see that there are two different kinds of...societies: (a) parasitic societies and (b) producing societies. The former are those read more
...we see that there are two different kinds of...societies: (a) parasitic societies and (b) producing societies. The former are those which live from hunting, fishing, or merely gleaning. By their economic activities they do not increase, but rather decrease, the amount of wealth in the world. The second kind of societies, producing societies, live by agricultural and pastoral activities. By these activities they seek to increase the amount of wealth in the world.
To kill a relative of whom you are tired is something. But to inherit his property afterwards, that is genuine read more
To kill a relative of whom you are tired is something. But to inherit his property afterwards, that is genuine pleasure.
What matters is not the allocation of portions out of a fund presented to man by nature. The problem is read more
What matters is not the allocation of portions out of a fund presented to man by nature. The problem is rather to further those social institutions which enable people to continue and to enlarge the production of all those things which they need.
The herd instinct among forecasters makes sheep look like independent thinkers.
The herd instinct among forecasters makes sheep look like independent thinkers.
In the midst of life we are in debt.
In the midst of life we are in debt.
It takes all the fun out of a bracelet if you have to buy it yourself.
It takes all the fun out of a bracelet if you have to buy it yourself.
Uncle claims that if he files his income tax wrong he'll go to jail, and if he files it right read more
Uncle claims that if he files his income tax wrong he'll go to jail, and if he files it right he'll go to the poor house.
Every company's greatest assets are its customers, because without customers there is no company.
Every company's greatest assets are its customers, because without customers there is no company.
The growing complexity of science, technology, and organization does not imply either a growing knowledge or a growing need for read more
The growing complexity of science, technology, and organization does not imply either a growing knowledge or a growing need for knowledge in the general population. On the contrary, the increasingly complex processes tend to lead to increasingly simple and easily understood products. The genius of mass production is precisely in its making more products more accessible, both economically and intellectually to more people.
