In the long run managements stressing accounting appearance over economic substance usually achieve little of either.

Warren Buffett

Tag: business accounting economic principals



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For most Americans, economic growth is a spectator sport.

Paul Krugman

Tag: economy american economic



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Priceless is economic illusion.
Costless is an economical trick.

Toba Beta

Tag: illusion trick priceless economic costless econoical



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You were probably educated in the conventional economic theories of your period which were magnificent and most ingenious, but--if you will pardon my saying so--all wrong.

Robert A. Heinlein

Tag: theories economic



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He became convinced that ordinary commercial financing could be done for a service charge plus an insurance fee amounting to much less that the current rates of interest charged by banks, whose rates were based on supply and demand, treating money as a commodity rather than as a sovereign state's means of exchange.

Robert A. Heinlein

Tag: money theory banks economic



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If we don't learn from each others experience, we are forced to listen to people who have economic reasons to withhold critical information from us all. The other option is to wait for the government to tell us what their financial supporters want us to know.

Richard Diaz

Tag: government information teach learn economic



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