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    Many of the products which create a modern standard of living are only the physical incorporations of ideas- not only the ideas of an Edison or a Ford but the ideas of innumerable anonymous people who figure out the design of supermarkets, the location of gasoline stations, and the million mundane things on which our material well-being depends. Societies which have more people carrying out physical acts and fewer people supplying ideas do not have higher standards of living. Quite the contrary.

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Few women care to be laughed at and men not at all, except for large sums of money.

Few women care to be laughed at and men not at all, except for large sums of money.

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Everything you want in life has a price connected to it. There's a price to pay if you want to read more

Everything you want in life has a price connected to it. There's a price to pay if you want to make things better, a price to pay just for leaving things as they are, a price for everything.

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Greater consumption due to increase in population and growth of income heightens scarcity and induces price run-ups. A higher price read more

Greater consumption due to increase in population and growth of income heightens scarcity and induces price run-ups. A higher price represents an opportunity that leads inventors and businesspeople to seek new ways to satisfy the shortages. Some fail, at cost to themselves. A few succeed, and the final result is that we end up better off than if the original shortage problems had never arisen. That is, we need our problems, though this does not imply that we should purposely create additional problems for ourselves.

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90% of the people in the stock market, professionals and amateurs alike, simply haven't done enough homework.

90% of the people in the stock market, professionals and amateurs alike, simply haven't done enough homework.

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In a trader-dominated society, the scribe is usually kept out of the management of affairs, but it given a more read more

In a trader-dominated society, the scribe is usually kept out of the management of affairs, but it given a more or less free hand in the cultural field. By frustrating the scribe's craving for commanding action, the trader draws upon himself the scribe's wrath and scorn.

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Only little people pay taxes.

Only little people pay taxes.

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I figure you have the same chance of winning the lottery whether you play or not.

I figure you have the same chance of winning the lottery whether you play or not.

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Don't buy the house, buy the neighborhood.

Don't buy the house, buy the neighborhood.

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Wealth maketh many friends. [Proverbs 19:4].

Wealth maketh many friends. [Proverbs 19:4].

by Bible Found in: Finance and economics Quotes,
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