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The boss must first distinguish between action information and status information. He must discipline himself not to act on problems read more
The boss must first distinguish between action information and status information. He must discipline himself not to act on problems his managers can solve, and never to act on problems when he is explicitly reviewing status. I once knew a boss who invariably picked up the phone to give orders before the end of the first paragraph in a status report. That response is guaranteed to squelch full disclosure.
Our supplies of natural resources are not finite in any economic sense. Nor does past experience give reason to expect read more
Our supplies of natural resources are not finite in any economic sense. Nor does past experience give reason to expect natural resources to become more scarce. Rather, if history is any guide, natural resources will progressively become less costly, hence less scarce, and will constitute a smaller proportion of our expenses in future years.
An economist's guess is liable to be as good as anybody else's.
An economist's guess is liable to be as good as anybody else's.
My father taught me to work; he did not teach me to love it.
My father taught me to work; he did not teach me to love it.
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.
He that maketh haste to be rich shall not be innocent. [Proverbs 28:20].
He that maketh haste to be rich shall not be innocent. [Proverbs 28:20].
Capital can do nothing without brains to direct it.
Capital can do nothing without brains to direct it.
Whether he admits it or not, a man has been brought up to look at money as a sign of read more
Whether he admits it or not, a man has been brought up to look at money as a sign of his virility, a symbol of his power, a bigger phallic symbol than a Porsche.
This is a test. It is only a test. Had it been an actual job, you would have received raises, read more
This is a test. It is only a test. Had it been an actual job, you would have received raises, promotions, and other signs of appreciation.
