A compromise is the art of dividing a cake in such a way that everyone believes that he has got read more

A compromise is the art of dividing a cake in such a way that everyone believes that he has got the biggest piece.

If you want to give a man credit, put it in writing. If you want to give him hell, do read more

If you want to give a man credit, put it in writing. If you want to give him hell, do it on the phone.

Avarice is the vice of declining years.

Avarice is the vice of declining years.

If you hire only those people you understand, the company will never get people better than you are. Always remember read more

If you hire only those people you understand, the company will never get people better than you are. Always remember that you often find outstanding people among those you don't particularly like.

A bad forgery's the ultimate insult.

A bad forgery's the ultimate insult.

Ask five economists and you'll get five different answers (six if one went to Harvard).

Ask five economists and you'll get five different answers (six if one went to Harvard).

The principles applied in economic processes are general social principles.

The principles applied in economic processes are general social principles.

Corporations cannot commit treason, or be outlawed or excommunicated, for they have no souls.

Corporations cannot commit treason, or be outlawed or excommunicated, for they have no souls.

The truth is that economic competition is the very opposite of competition in the animal kingdom. It is not a read more

The truth is that economic competition is the very opposite of competition in the animal kingdom. It is not a competition in the grabbing off of scarce nature-given supplies, as it is in the animal kingdom. Rather, it is a competition in the positive creation of new and additional wealth.