

“Failure is part of the natural cycle of business. Companies are born, companies die, capitalism moves forward. Fortunemagazine{115}”
― Basic Economics
― Basic Economics

“Evermore the Law must prepare the way for the gospel. To overlook this in instructing souls is almost certain to result in false hope, the introduction of a false standard of Christian experience, and to fill the church with false converts.”
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“The difference is that one system involves each individual making choices for himself or herself, while the other system involves a small number of people making choices for millions of others.”
― Basic Economics
― Basic Economics

“prices are not costs. Prices are what pay for costs.”
― Basic Economics
― Basic Economics

“Although the word 'economy' may bring the term money to the minds of many, the truth is that for the whole of society money is nothing more than an artificial instrument that allows real things to be done, otherwise , the government could make us all rich simply by printing more bills. It is not money but the volume of goods and services that determines whether a country is poor or prosperous.”
― Basic Economics: A Citizen's Guide to the Economy
― Basic Economics: A Citizen's Guide to the Economy
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