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Man has survived hitherto because he was too ignorant to know how to realise his wishes- Now that he can realise them, he must either change them or perish

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Frank Knight

Knowledge is more a matter of learning than of the exercise of absolute judgment. Learning requires time, and in time the situation dealt with, as well as the learner, undergoes change.

Education, Judgment, Knowledge, Learning, Matter, Requires
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Never waste any time you can spend sleeping.

Sleep, Sleeping, Time, Time Management, Waste

Market competition is the only form of organization which can afford a large measure of freedom to the individual.

Competition, Individuality, Measure, Organization

In the long run all producers are forced to use the most efficient methods or give place to others who do.

Efficient, Give, Giving, Long, Place, Running

Sociology isthescience of talk, and there is onlyone law in sociology. Bad talk drives out good.

Isthescience, Law, Onlyone, Sociology, Talk

The probability of the people in power being individuals who would dislike the possession and exercise of power is on a level with the probability that an extremely tender-hearted person would get the job of whipping-master in a slave plantation.

Exercise, Extremely, Jobs, People, Power
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