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Business is a means- the only means- to increase the quantity of goods available for preserving life and rendering it read more
Business is a means- the only means- to increase the quantity of goods available for preserving life and rendering it more agreeable.
The employer generally gets the employees he deserves.
The employer generally gets the employees he deserves.
Money, the root of all evil...but the cure for all sadness.
Money, the root of all evil...but the cure for all sadness.
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.
What protectionism teaches us, is to do to ourselves in time of peace what enemies seek to do to us read more
What protectionism teaches us, is to do to ourselves in time of peace what enemies seek to do to us in time of war.
What pays under capitalism is satisfying the common man, the customer. The more people you satisfy, the better for you.
What pays under capitalism is satisfying the common man, the customer. The more people you satisfy, the better for you.
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.
Having more money does not insure happiness. People with ten million dollars are no happier than people with nine million read more
Having more money does not insure happiness. People with ten million dollars are no happier than people with nine million dollars.
Managers have traditionally developed the skills in finance, planning, marketing and production techniques. Too often the relationships with their people read more
Managers have traditionally developed the skills in finance, planning, marketing and production techniques. Too often the relationships with their people have been assigned a secondary role. This is too important a subject not to receive first line attention.