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The increase in the world's population represents our victory against death...
The increase in the world's population represents our victory against death...
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.
Everything starts with the customer.
Everything starts with the customer.
I do not regard a broker as a member of the human race.
I do not regard a broker as a member of the human race.
An economist's guess is liable to be as good as anybody else's.
An economist's guess is liable to be as good as anybody else's.
Merchants have no country. The mere spot they stand on does not constitute so strong an attachment as that from read more
Merchants have no country. The mere spot they stand on does not constitute so strong an attachment as that from which they draw their gains.
Bulls make money. Bears make money. Pigs get slaughtered.
Bulls make money. Bears make money. Pigs get slaughtered.
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.
Many of the products which create a modern standard of living are only the physical incorporations of ideas- not only read more
Many of the products which create a modern standard of living are only the physical incorporations of ideas- not only the ideas of an Edison or a Ford but the ideas of innumerable anonymous people who figure out the design of supermarkets, the location of gasoline stations, and the million mundane things on which our material well-being depends. Societies which have more people carrying out physical acts and fewer people supplying ideas do not have higher standards of living. Quite the contrary.
