First Quote Added
April 10, 2026
Latest Quote Added
"FĂśrsta Ăngelsmännerna nästan bättre konsten, at väl steka en stek, än andra folkslag, som ock ej är underligt; emedan de fläste Ăngelsmäns kĂśks-vetenskap icke sträcker sig til stort annat, än stek och Pudding."
"Today, I know better. As I will try to explain, one of the main lessons from working on incentive problems for 25 years is that within firms, high-powered financial incentives can be very dysfunctional and attempts to bring the market inside the firm are generally misguided. Typically, it is best to avoid high-powered incentives and sometimes not use pay-for-performance at all."
"The more opportunities there are in a Society for some persons to live upon the toil of others, and the less those others may enjoy the fruits of their work themselves, the more is diligence killed, the former become insolent, the latter despairing, and both negligent."
"Our wants are various, and nobody has been found able to acquire even the necessaries without the aid of other people, and there is scarcely any Nation that has not stood in need of others. The Almighty himself has made our race such that we should help one another. Should this mutual aid be checked within or without the Nation, it is contrary to Nature."
"The exercise of one coercion always makes another inevitable."
"...Fatherland without freedom and merit is a large word with little meaning."
"...that every individual spontaneously tries to find the place and the trade in which he can best increase National gain, if laws do not prevent him from doing so."