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Stressing output is the key to improving productivity, while looking to increase activity can result in just the opposite.
Stressing output is the key to improving productivity, while looking to increase activity can result in just the opposite.
Not understanding the process of a spontaneously-ordered economy goes hand-in-hand with not understanding the creation of resources and wealth. And read more
Not understanding the process of a spontaneously-ordered economy goes hand-in-hand with not understanding the creation of resources and wealth. And when a person does not understand the creation of resources and wealth, the only intellectual alternative is to believe that increasing wealth must be at the cost of someone else. This belief that our good fortune must be an exploitation of others may be the taproot of false prophecy about doom that our evil ways must bring upon us.
Make a customer, not a sale.
Make a customer, not a sale.
Avarice is the vice of declining years.
Avarice is the vice of declining years.
The rich swell up with pride, the poor from hunger.
The rich swell up with pride, the poor from hunger.
Money never starts an idea; it is the idea that starts the money.
Money never starts an idea; it is the idea that starts the money.
Every day is a gift- even if it sucks.
Every day is a gift- even if it sucks.
Ask five economists and you'll get five different answers (six if one went to Harvard).
Ask five economists and you'll get five different answers (six if one went to Harvard).
It is not from nature, but from education and habits, that our wants are chiefly derived.
It is not from nature, but from education and habits, that our wants are chiefly derived.