It is not the fault of the entrepreneurs that the consumers, the people, the common man, prefer liquor to Bibles and detective stories to serious books, and that governments prefer guns to butter. The entrepreneur does not make greater profits in selling bad things than in selling good things. His profits are the greater the better he succeeds in providing the consumers with those things they ask for most intensely.
Ludwig von MisesThe elimination of profit, whatever methods may be resorted to for its execution, must transform society into a senseless jumble.
Ludwig von MisesIt takes a pillage.
Nomi PrinsTag: politics economics current-affairs
Businesses are great structures for managing big projects. It’s like trying to develop the ability to walk without developing a skeleton. Once in a blue moon, you get an octopus, but for the most part, you get skeletons. Skeletons are good shit.
Cory DoctorowTag: economics evolution business
The number of games went up or down according to the brutal, elegant logic of the economics of fun:
a certain amount of difficulty
plus
a certain amount of your friends
plus
a certain amount of interesting strangers
plus
a certain amount of reward
plus
a certain amount of opportunity
equaled
fun
Tag: economics gaming-theory
If it's okay to enrich ourselves by denying foreigners the right to earn a living, why shouldn't we enrich ourselves by invading peaceful countries and seizing their assets? Most of us don't think that's a good idea, and not just because it might backfire. We don't think it's a good idea because we believe human beings have human rights, whatever their colour and wherever they live. Stealing assets is wrong, and so is stealing the right to earn a living, no matter where the victim was born.
Steven E. LandsburgTag: morality economics xenophobia free-trade
Sometime I'm going to do an essay called 'The Virtues of Amateurism' for all of those people who wish they earned their living in the arts. The market kills more artistic people than anything else. It's a world of safety out there, for most people. They want safety, the magazines and manufacturers give them safety, give them homogeneity, give them the familiar and comfortable, don't challenge them.
Robert James WallerTag: science politics economics anthropology marketing
[I]n communism, you'd threaten a dog into compliance, while in capitalism, obedience is obtained through bribes.
Adam JohnsonTag: america capitalism economics communism obedience north-korea
Nothing is illegal if one hundred businessmen decide to do it. -Andrew Young, author, civil rights activist, US congressman, mayor, and UN ambassador (b. 1932)
Andrew YoungTag: injustice society justice economics irony corporations
There is a contradiction between market liberalism and political liberalism. The market liberals (e.g., social conservatives) of today want family values, less government, and maintain the traditions of society (at least in America's case). However, we must face the cultural contradiction of capitalism: the progress of capitalism, which necessitates a consumer culture, undermines the values which render capitalism possible
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