…it is the public sector I find more interesting, because governments and other non-market institutions have long suffered from the innovation malaise of top-heavy bureaucracies. Today, these institutions have an opportunity to fundamentally alter ...
it was Greenspan who through some excessive deregulation prepared the monetary ground for the rise of the subprime mortgage companies: a lending market that specialises in high-risk mortgages and loans. 'Innovation', said Greenspan in April 2005, 'ha...
We preach about capitalism and the beauty of unfettered market forces determining price--but not when it comes to gas. When it comes to gas, we need it cheap, and the president had better get it for us, or else, we don't care how.
When men have realized that time has upset many fighting faiths, they may come to believe... that the ultimate good desired is better reached by free trade in ideas-- that the best test of truth is the power of the thought to get itself accepted in t...
All types of societies are limited by economic factors. Nineteenth century civilization alone was economic in a different and distinctive sense, for it chose to base itself in a motive rarely acknowledged as valid in history of human societies, and c...
People have a hard time accepting free-market economics for the same reason they have a hard time accepting evolution: it is counterintuitive. Life looks intelligently designed, so our natural inclination is to infer that there must be an intelligent...
No innocence can shield a man from the calumnies of the wicked. [...] As a shadow follows its substance, so envy pursues goodness. It is only at the tree laden with fruit that men throw stones. If we would live without being slandered we must wait un...
The ‘Regal Seven (key) Ingredients of a Successful Company’ is: Pursue the goal of Profit Maximization keeping in mind the shareholders interests. To be achieved by developing and rendering Quality Goods and Services at a Reasonable Price. By inc...
Anyone who has learned the Quran and holds it lovingly in his heart will 'value his nights when people are asleep, his days when people are given to excess, his grief when people are joyful, his weeping when people laugh, his silence when people chat...
What is a price? It is a proposed point of agreement between a buyer and seller. The proposal is the key. It is not a marching order. Past prices represent deals done in history. Current prices represent possible deals in the future. Prices embed vas...
Harry: [pointing to the McCallister house] That's the one, Marv, that's the silver tuna. Marv: Oh, it's very gee. Harry: Very gee, huh? It's loaded. It's got lot's of top-flight goods. Stereos, VCRs... Marv: Toys? Harry: Probably looking at some very...
Vincent: Remember, I just got back from Amsterdam. Lance: Am I a nigger? Are we in Inglewood? No... You're in my home. White people who know the difference between good shit and bad shit, this is the house they come to. Now, my shit, I'll take the Pe...
Stella: You heard of that market crash in '29? I predicted that. Jeff: Oh, just how did you do that, Stella? Stella: Oh, simple. I was nursing a director of General Motors. Kidney ailment, they said. Nerves, I said. And I asked myself, "What's Genera...
[concerning the memory cloth] Bruce Wayne: Too expensive for the Army? Lucius Fox: I don't think they tried to market it to the billionaire, spelunking, BASE-jumping crowd. Bruce Wayne: Look, Mr. Fox. Lucius Fox: Yes, sir? Bruce Wayne: If you're unco...
The worst feature of the Common Core is its anti-humanistic, utilitarian approach to education. It mistakes what a child is and what a human being is for. That is why it has no use for poetry, and why it boils the study of literature down to the scra...
the freedom of individuals has – we may presume – an anthropological foundation. This is admittedly a doctrine which cannot be proved or disproved in the normal sense of the word ‘prove’. And yet our hope that freedom is not going to be ultim...
Can we actually suppose that we are wasting, polluting, and making ugly this beautiful land for the sake of patriotism and the love of God? Perhaps some of us would like to think so, but in fact this destruction is taking place because we have allowe...
The great hatred of capitalism in the hearts of the oppressed, ancient and modern, I think, stems not merely from the ensuing vast inequality in wealth, and the often unfair and arbitrary nature of who profits and who suffers, but from the silent ack...
If you put these five things together - you can't use money to attract talent, you can't advertise, you can't take risks, you can't invest in long-term results, and you don't have a stock market - then we have just put the humanitarian sector at the ...
There is a strange idea abroad, held by all monetary cranks, that credit is something a banker gives to a man. Credit, on the contrary, is something a man already has. He has it, perhaps, because he already has marketable assets of a greater cash val...
Venice appeared to me as in a recurring dream, a place once visited and now fixed in memory like images on a photographer’s plates so that my return was akin to turning the leaves of a portfolio: a scene of the gondolas moored by the railway statio...
