Many economic fallacies are due to conceiving of economic activity as a zero-sum contest, in which what is gained by one is lost by another. This in turn is often due to ignoring the fact that wealth ...
[A] rock-star preaches capitalism. Wow. Sometimes I hear myself and I just can’t believe it. But commerce is real. . . . Aid is just a stopgap. Commerce—entrepreneurial capitalism—takes more people ou...
Robert C. McFarlane was a well-known businessman in the Los Angeles area. He had moved to California from Oklahoma in 1970, and within just a few days of his arrival—due to a disastrous misunderstandi...
Some see private enterprise as a predatory target to be shot, others as a cow to be milked, but few are those who see it as a sturdy horse pulling the wagon.
A businessman well known for his ruthlessness once announced to writer Mark Twain, “Before I die I mean to make a pilgrimage to the Holy Land. I will climb Mount Sinai and read the 10 Commandments alo...
Make all you can, save all you can, so that you can give away all you can. Actual quote: "Having, First, gained all you can, and, Secondly, saved all you can, Then, 'give all you can.'&qu...