You May Also Like / View all maxioms
It is impossible to understand the history of economic thought if one does not pay attention to the fact that read more
It is impossible to understand the history of economic thought if one does not pay attention to the fact that economics as such is a challenge to the conceit of those in power.
Perhaps the most widespread misunderstanding of economics is that it applies solely to financial transactions. Frequently this leads to statements read more
Perhaps the most widespread misunderstanding of economics is that it applies solely to financial transactions. Frequently this leads to statements that "there are noneconomic values" to consider. There are, of course, noneconomic values. Indeed, there are only noneconomic values. Economics is not a value itself but merely a method of trading off one value against another.
In all recorded history there has not been one economist who has had to worry about where the next meal read more
In all recorded history there has not been one economist who has had to worry about where the next meal would come from.
Money, the root of all evil...but the cure for all sadness.
Money, the root of all evil...but the cure for all sadness.
Concentrate your strengths against your competitor's relative weaknesses.
Concentrate your strengths against your competitor's relative weaknesses.
Every era has a currency that buys souls. In some the currency is pride, in others it is hope, in read more
Every era has a currency that buys souls. In some the currency is pride, in others it is hope, in still others it is a holy cause. There are of course times when hard cash will buy souls, and the remarkable thing is that such times are marked by civility, tolerance, and the smooth working of everyday life.
Sell cheap and tell the truth.
Sell cheap and tell the truth.
Money isn't everything… but it ranks right up there with oxygen.
Money isn't everything… but it ranks right up there with oxygen.
A man is a person that will pay two dollars for a one dollar item he wants. A woman will read more
A man is a person that will pay two dollars for a one dollar item he wants. A woman will pay one dollar for a two dollar item she doesn't want.
