Discover new books on Goodreads
Meet your next favorite book

Michael

Add friend
Sign in to Goodreads to learn more about Michael.

http://nycinphotographs.blogspot.com/

Essays on Economi...
Rate this book
Clear rating

progress: 
 
  (page 130 of 231)
— Sep 08, 2017 07:01AM

 
Living Economics:...
Rate this book
Clear rating

progress: 
 
  (page 175 of 456)
— Oct 31, 2015 11:24AM

 
The Crowd: A Stud...
Michael is currently reading
bookshelves: currently-reading
Reading for the 2nd time
Rate this book
Clear rating

progress: 
 
  (page 24 of 160)
""In crowds the foolish, ignorant and envious persons are freed from the sense of their insignificance and powerlessness, and are possessed instead by the notion of brutal and temporary but immense strength."" — Aug 16, 2017 03:56AM

 
See all 53 books that Michael is reading…
Loading...
Ludwig Lachmann
“The generic concept of capital without which economists cannot do their work has no measurable counterpart among material objects; it reflects the entrepreneurial appraisal of such objects. Beer barrels and blast furnaces, harbour installations and hotel-room furniture are capital not by virtue of their physical properties but by virtue of their economic functions. Something is capital because the market, the consensus of entrepreneurial minds, regards it as capable of yielding an income. This does not mean that the phenomena of capital cannot be comprehended by clear and unambiguous concepts. The stock of capital used by society does not present a picture of chaos. Its arrangement is not arbitrary. There is some order in it.”
― Ludwig Lachmann, Capital and Its Structure

Peter F. Drucker
“There is surely nothing quite so useless as doing with great efficiency what should not be done at all.”
― Peter Drucker

Ayn Rand
“[Dean] “My dear fellow, who will let you?”

[Roark] “That’s not the point. The point is, who will stop me?”
― Ayn Rand, The Fountainhead

Frank H. Knight
“[The]...feeling for what one should want, in contrast with actual desire, is stronger in the unthinking than in those sophisticated by education. It is the later who argues into the ‘tolerant’ (economic) attitude of de gustibus non est disputandum [in matters of taste, there can be no disputes]; the man in the street is more likely to view the individual whose tastes are ‘wrong’ as a scurvy fellow who ought to be despised if not beaten up or shot.”
― Frank H. Knight, Ethics of Competition and Other Essays

Mark Twain
“History doesn't repeat itself, but it does rhyme.”
― Mark Twain

year in books
Booksea...
5,029 books | 247 friends

Mattheu...
1,003 books | 126 friends

Pedro A...
4,688 books | 802 friends

Robert ...
212 books | 100 friends

Patrick...
1,694 books | 582 friends

Gerard ...
1,862 books | 274 friends

Matt
851 books | 658 friends

Dorian
196 books | 17 friends

More friends…
Introduction to Scientific Programming and Simulation Using R by Owen          Jones
R books
23 books — 11 voters



Polls voted on by Michael

Lists liked by Michael