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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.
The absolute fundamental aim is to make money out of satisfying customers.
The absolute fundamental aim is to make money out of satisfying customers.
Wealth maketh many friends. [Proverbs 19:4].
Wealth maketh many friends. [Proverbs 19:4].
Value is not intrinsic; it is not in things. It is within us; it is the way in which man read more
Value is not intrinsic; it is not in things. It is within us; it is the way in which man reacts to the conditions of his environment.
There ain't no such thing as a free lunch."
A Libertarian Movement slogan - The Moon Is a Harsh Mistress, read more
There ain't no such thing as a free lunch."
A Libertarian Movement slogan - The Moon Is a Harsh Mistress, 1907.
Business is more exciting than any game.
Business is more exciting than any game.
Fortune has something of the nature of a woman. If she is too intensely wooed, she commonly goes the further read more
Fortune has something of the nature of a woman. If she is too intensely wooed, she commonly goes the further away.
Don't gamble; take all your savings and buy some good stock and hold it till it goes up, then sell read more
Don't gamble; take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don't go up, don't buy it.
Every era has a currency that buys souls. In some the currency is pride, in others it is hope, in read more
Every era has a currency that buys souls. In some the currency is pride, in others it is hope, in still others it is a holy cause. There are of course times when hard cash will buy souls, and the remarkable thing is that such times are marked by civility, tolerance, and the smooth working of everyday life.