Knowledge is the source of Wealth. Applied to tasks we already know, it becomes Productivity. Applied to tasks that are new, it becomes Innovation.

Profitability is the sovereign criterion of the enterprise.

Economists talk about profit motive, but nothing motivates modern man more than a chance to avoid taxes!

Increasingly, politics is not about "who gets what, when, how" but about values, each of them considered to be absolute. Politics is about "the right to life"...It is about the environment. It is about gaining equality for groups alleged to be oppressed...None of these issues is economic. All are fundamentally moral.

Communism is evil. Its driving forces are the deadly sins of envy and hatred.

It takes far less energy to move from first-rate performance to excellence than it does to move from incompetence to mediocrity.

Meetings are by definition a concession to deficient organization. For one either meets or one works.