If all you're trying to do is essentially the same thing as your rivals, then it's unlikely that you'll be very successful.
Samuel Johnson said a second marriage is the triumph of hope over experience,” Kirkland said.
All models have faults - that doesn't mean you can't use them as tools for making decisions.
Our biggest challenge is to eliminate the popular perception that economists don't have anything useful to say.
There are different flavors of recession. You can get into some pretty dark scenarios pretty quickly.
Most of us are 'ultraconformists' when it comes to who we are most likely to follow... to socialise with, or even who we are most likely to hire.
What we can do should never by itself determine what we choose to do, yet this is the way technology tends to work.
Men who are scandalized at the lack of freedom in Russia do not ask themselves how real is liberty among the poor, the weak, and the ignorant in capitalist society.
Bush is morally a universalist. For instance, he says the freedom is good, the same thing is good, all over the world. So in that sense he's a universalist.
Big companies often use their leverage to take stakes in would-be suppliers, especially in the technology business.
Just as the Internet drops transaction and collaboration costs in business and government, it also drops the cost of dissent, of rebellion, and even insurrection.
The blanket assertion that corporations are people obfuscates the complex issues at play in the changing business world. Corporation are institutions. People are people.
If you work for and eventually lead a company, understand that companies have multiple stakeholders including employees, customers, business partners and the communities within which they operate.
In my lifetime, as a younger man, you were assumed to be an honest person. Your word was your bond, and a handshake was as good as a contract in business.
As I see it, most major philanthropists have been bullied into giving. They feel social pressure to give. It has become a cost of doing business.
You'd be a fool or a deluded idealist to think ethics would be prominent on Wall Street. That is not a statement against people in the money business, just a fact.
The lies the government and media tell are amplifications of the lies we tell ourselves. To stop being conned, stop conning yourself.
Liberals want the government to get bigger, and they want you to drive smaller cars, and they want to dictate the way you live.
The more people who are dependent on government handouts, the more votes the left can depend on for an ever-expanding welfare state.
Hyperinflation can take virtually your entire life's savings, without the government having to bother raising the official tax rate at all.
The fact that political ideologies are tangible realities is not a proof of their vitally necessary character. The bubonic plague was an extraordinarily powerful social reality, but no one would have regarded it as vitally necessary.