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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.
You don't manage people; you manage things. You lead people.
You don't manage people; you manage things. You lead people.
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.
The best inheritance a parent can give his children is a few minutes of his time each day.
The best inheritance a parent can give his children is a few minutes of his time each day.
It is the duty of a good shepherd to shear his sheep, not to skin them.
It is the duty of a good shepherd to shear his sheep, not to skin them.
Nothing is so well calculated to produce a death-like torpor in the country as an extended system of taxation and read more
Nothing is so well calculated to produce a death-like torpor in the country as an extended system of taxation and a great national debt.
Worry about being better; bigger will take care of itself. Think one customer at a time and take care of read more
Worry about being better; bigger will take care of itself. Think one customer at a time and take care of each one the best way you can.
It is impossible to understand the history of economic thought if one does not pay attention to the fact that read more
It is impossible to understand the history of economic thought if one does not pay attention to the fact that economics as such is a challenge to the conceit of those in power.
Honor sinks where commerce long prevails.
Honor sinks where commerce long prevails.
