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In the long run, it costs more to provide poor rather than good service.

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Charles R. Morris

No specific technology. My guess is that it was the instinct always to go to maximum scale. Great Britain kept much more of a small shop mindset well into the twentieth century, for instance.

Century, Instinct, Kept, Mindset, Technology
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Credit is the air that financial markets breathe, and when the air is poisoned, there's no place to hide.

Air, Credit, Financial, Poisoned

By 18th century standards, they [Great Britain] were the freest, most dynamic, most willing to challenge tradition and authority. They had the highest wages and highest living standard, and probably the most engagement between the populace and the government of any country. Then the United States took those same qualities to the nth degree, and the British were suddenly appeared stodgy and tradition-bound.

Challenge, Challenges, Country, Government, Standard, Took

The Transcontinental Railroad Act is the first step in creating a continental common market.

Creating, Railroads, Firsts, Railroad, Market, Step

I've been among their critics [MBA programs]. Much of what I've seen in business schools is quite non-rigorous. Anecdotal histories are stretched to illustrate favored slogans. Evidence of their effectiveness is similarly anecdotal.

Anecdotal, Business, Effectiveness, Mba Programs, School, Stretched

I find her [Frances Trollope] simply delightful, even in her prejudices and cantankerousness. It is a gift to an author to find a funny, wry, perceptive contemporary observer to whom the subject matter seems almost as different and alien, and requiring as much struggling to understand, as it did to me.

Struggle, Different, Prejudice, Wry, Delightful, Perceptive
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