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In its famous paradox, the equation of money and excrement, psychoanalysis becomes the first science to state what common sense read more
In its famous paradox, the equation of money and excrement, psychoanalysis becomes the first science to state what common sense and the poets have long known -- that the essence of money is in its absolute worthlessness.
Why does a slight tax increase cost you two hundred dollars and a substantial tax cut save you thirty cents.
Why does a slight tax increase cost you two hundred dollars and a substantial tax cut save you thirty cents.
...we see that there are two different kinds of...societies: (a) parasitic societies and (b) producing societies. The former are those read more
...we see that there are two different kinds of...societies: (a) parasitic societies and (b) producing societies. The former are those which live from hunting, fishing, or merely gleaning. By their economic activities they do not increase, but rather decrease, the amount of wealth in the world. The second kind of societies, producing societies, live by agricultural and pastoral activities. By these activities they seek to increase the amount of wealth in the world.
Fortune has something of the nature of a woman. If she is too intensely wooed, she commonly goes the further read more
Fortune has something of the nature of a woman. If she is too intensely wooed, she commonly goes the further away.
This world is run with far too tight a rein for luck to interfere. Fortune sells her wares; she never read more
This world is run with far too tight a rein for luck to interfere. Fortune sells her wares; she never gives them. In some form or other, we pay for her favors; or we go empty away.
An economist is an expert who will know tomorrow why the things he predicted yesterday didn't happen today.
An economist is an expert who will know tomorrow why the things he predicted yesterday didn't happen today.
Everything you want in life has a price connected to it. There's a price to pay if you want to read more
Everything you want in life has a price connected to it. There's a price to pay if you want to make things better, a price to pay just for leaving things as they are, a price for everything.
Most people...find a disorientating mismatch between the long-term nature of their liabilities and the increasingly short-term nature of their assets.
Most people...find a disorientating mismatch between the long-term nature of their liabilities and the increasingly short-term nature of their assets.
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.
