Whoever claims that economic competition represents 'survival of the fittest' in the sense of the law of the jungle, provides read more

Whoever claims that economic competition represents 'survival of the fittest' in the sense of the law of the jungle, provides the clearest possible evidence of his lack of knowledge of economics.

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.

The best inheritance a parent can give his children is a few minutes of his time each day.

The best inheritance a parent can give his children is a few minutes of his time each day.

Economics is first and foremost about the thoughts leading up to choice.

Economics is first and foremost about the thoughts leading up to choice.

Money talks...but all mine ever says is good-bye.

Money talks...but all mine ever says is good-bye.

Every company's greatest assets are its customers, because without customers there is no company.

Every company's greatest assets are its customers, because without customers there is no company.

If you marry for money, you will surely earn it.

If you marry for money, you will surely earn it.

Make a customer, not a sale.

Make a customer, not a sale.

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.