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A computer will not make a good manager out of a bad manager. It makes a good manager better faster read more
A computer will not make a good manager out of a bad manager. It makes a good manager better faster and a bad manager worse faster.
It is your mind that matters economically, as much or more than your mouth or hands. In the long run, read more
It is your mind that matters economically, as much or more than your mouth or hands. In the long run, the most important economic effect of population size and growth is the contribution of additional people to our stock of useful knowledge. And this contribution is large enough in the long run to overcome all the costs of population growth.
Today is a... digital incarnation of Oz - the Internet - we are a motley group of fools from lions read more
Today is a... digital incarnation of Oz - the Internet - we are a motley group of fools from lions to scarecrows, learning from each other, making and taking responsibility for our decisions, and having fun as we skip down the yellow brick road of investing together!
The question is, then, do we try to make things easy on ourselves or do we try to make things read more
The question is, then, do we try to make things easy on ourselves or do we try to make things easy on our customers, whoever they may be?.
...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.
The 1980s are to debt what the 1960s were to sex. The 1960s left a hangover. So will the 1980s.
The 1980s are to debt what the 1960s were to sex. The 1960s left a hangover. So will the 1980s.
Economics is a theoretical science and as such abstains from any judgement of value. It is not its task to read more
Economics is a theoretical science and as such abstains from any judgement of value. It is not its task to tell people what ends they should aim at. It is a science of the means to be applied for attainment of ends chosen, not, to be sure, a science of the choosing of ends. Ultimate decisions, the valuations and the choosing of ends, are beyond the scope of any science. Science never tells a man how he should act; it merely shows how a man must act if he wants to attain definite ends.
The rich swell up with pride, the poor from hunger.
The rich swell up with pride, the poor from hunger.
If all the gold in the world were melted down into a solid cube it would be about the size read more
If all the gold in the world were melted down into a solid cube it would be about the size of an eight room house. If a man got possession of all that gold -- billions of dollars worth -- he could not buy a friend, character, peace of mind, clear conscience or a sense of eternity.
