In well-functioning markets, price equals opportunity cost. Meaning that the proper way to price out and charge us for things is to charge us what those resources could otherwise have produced. This is a lesson the Soviet Union never learned at all, and the rest is history.
Copy QuoteOur greatest glory is not in never falling, but in rising every time we fall.
Copy Quote View & ShareThe test of our progress is not whether we add more to the abundance of those who have much it is whether we provide enough for those who have little.
Copy Quote View & ShareThere are no extraordinary men... just extraordinary circumstances that ordinary men are forced to deal with.
Copy Quote View & ShareHistory is a gallery of pictures in which there are few originals and many copies.
Copy Quote View & Share