If we only have great companies, we will merely have a prosperous society, not a great one. Economic growth and power are the means, not the definition, of a great nation.
Many have blamed the gasoline shortages and long lines at filling stations in 1973 on the Arab Oil embargo of that year. However, the shortages and long lines began months before the Arab oil embargo, right after price controls were imposed.
I have read more about Oprah Winfrey’s ass than I have about the rise of China as an economic superpower. I fear this is no exaggeration. Perhaps China is rising as an economic superpower because its women aren’t spending all their time reading a...
Conscious evolution of the free enterprise system happens when we realize that neither the heavy handedness of government nor the greed of unregulated enterprise holds the answer to prosperity. It is the radical introspection of both sides leading to...
The present convergence of crises––in money, energy, education, health, water, soil, climate, politics, the environment, and more––is a birth crisis, expelling us from the old world into a new.
Innovation basically involves making obsolete that which you did before.
Most revolutions start small and simmer under the surface gathering strength, adding to an ideology, gaining favourable opinion- first as a credible alternative and then as the majority view
The employment equation used to be built on a foundation of two-way loyalty. The world has changed. Today, successful employment relationships can only be sustained on a foundation of two-way honesty
best practices are useful reference points, but they must come with a warning label : The more you rely on external intelligence, the less you will value an internal idea. And this is the age of the idea
Running is perhaps the most fundamental of all sports, and it is economically the least costly to perform. As a consequence, it is the most democratic and most competitive of all sports because individual merit can prevail despite economic equality. ...
We are seeing, we have seen in the last figures a significant drop in the number of net migrants coming into the United Kingdom. So we are cutting out abuse, we've restricted the number of economic - non-EU economic migrants. We're cutting out abuse ...
Certainly, poverty and economic decline have a lot to do with the so-called rage of Islam. You've got all these young men in countries which are economically in bad shape. The idea that they might be able to make a good living and get married and hav...
People who graduate are more resilient financially, and they weather economic downturns better than people who don't graduate. And, throughout their lives, people who graduate are more likely to be economically secure, more likely to be healthy, and ...
Some people think it's a law that when productivity goes up, everybody benefits. There is no economic law that says technological progress has to benefit everybody or even most people. It's possible that productivity can go up and the economic pie ge...
For a variety of reasons, I have always felt myself an outsider. I don't know how to classify myself in economics. I am a loner. I do not like groupthink, which, if anything, has become more important in economics. In addition, a lot of the values I ...
No one is entertained by economics.
For every dollar that is spent on the (boondoggle) bridge a dollar will be taken away from taxpayers. If the bridge costs $1,000,000 the taxpayers will lose $1,000, 000. They will have that much taken away from them which they would otherwise have sp...
the larger the percentage of the national income taken by taxes the greater the deterrent to private production and employment. When the total tax burden grows beyond a bearable size, the problem of devising taxes that will not discourage and disrupt...
In a basic agricultural society, it's easy enough to swap five chickens for a new dress or to pay a schoolteacher with a goat and three sacks of rice. Barter works less well in a more advanced economy. The logistical challenges of using chickens to b...
As soon as you open your mind to doing things differently, the doors of opportunity practically fly off their hinges.
Only stilted pedants can conceive the idea that there are absolute norms to tell what is beautiful and what is not. They try to derive from the works of the past a code of rules with which, as they fancy, the writers and artists of the future should ...
