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A man with a surplus can control circumstances, but a man without a surplus is controlled by them, and often read more
A man with a surplus can control circumstances, but a man without a surplus is controlled by them, and often has no opportunity to exercise judgment.
Prosperity is living easily and happily in the real world, whether you have money or not.
Prosperity is living easily and happily in the real world, whether you have money or not.
...the only means to well-being is to increase the quantity of products. This is what business aims at.
...the only means to well-being is to increase the quantity of products. This is what business aims at.
In a trader-dominated society, the scribe is usually kept out of the management of affairs, but it given a more read more
In a trader-dominated society, the scribe is usually kept out of the management of affairs, but it given a more or less free hand in the cultural field. By frustrating the scribe's craving for commanding action, the trader draws upon himself the scribe's wrath and scorn.
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.
Not understanding the process of a spontaneously-ordered economy goes hand-in-hand with not understanding the creation of resources and wealth. And read more
Not understanding the process of a spontaneously-ordered economy goes hand-in-hand with not understanding the creation of resources and wealth. And when a person does not understand the creation of resources and wealth, the only intellectual alternative is to believe that increasing wealth must be at the cost of someone else. This belief that our good fortune must be an exploitation of others may be the taproot of false prophecy about doom that our evil ways must bring upon us.
A market is the combined behavior of thousands of people responding to information, misinformation and whim.
A market is the combined behavior of thousands of people responding to information, misinformation and whim.
You read a book from beginning to end. You run a business the opposite way. You start with the end, read more
You read a book from beginning to end. You run a business the opposite way. You start with the end, and then you do everything you must to reach it.
Budgets are for cutting, that's why you set them.
Budgets are for cutting, that's why you set them.