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Capitalism needs to function like a game of tug-of-war. Two opposing sides need to continually struggle for dominance, but at read more
Capitalism needs to function like a game of tug-of-war. Two opposing sides need to continually struggle for dominance, but at no time can either side be permitted to walk away with the rope.
Prices are important not because money is considered paramount but because prices are a fast and effective conveyor of information read more
Prices are important not because money is considered paramount but because prices are a fast and effective conveyor of information through a vast society in which fragmented knowledge must be coordinated.
The difference between tax avoidance and tax evasion is the thickness of a prison wall.
The difference between tax avoidance and tax evasion is the thickness of a prison wall.
Avarice has ruined more souls than extravagance.
Avarice has ruined more souls than extravagance.
Economics is not about things and tangible material objects; it is about men, their meanings and actions.
Economics is not about things and tangible material objects; it is about men, their meanings and actions.
Only positive consequences encourage good future performances.
Only positive consequences encourage good future performances.
Tax reform means, 'Don't tax you, don't tax me. Tax that fellow behind the tree.'.
Tax reform means, 'Don't tax you, don't tax me. Tax that fellow behind the tree.'.
Business is more exciting than any game.
Business is more exciting than any game.
The buck stops with the guy who signs the checks.
The buck stops with the guy who signs the checks.
