“The concept of profit maximization is, in fact, meaningless.”
More Inspiring Quotes by Peter Drucker
Best Quotes about Profit
Quotes about Business
Quotes about Concepts
“Out of time we cut 'days' and 'nights', 'summers' and 'winters.' We say what, each part of the sensible continuum is, and all these abstract whats are concepts. The intelletual life of man consists almost wholly in his substitution of a conceptual order for the persceptual order in which his experience originally comes.”
Quotes about Economics
“What a benefit would the American government, not yet relieved of its extreme need, render to itself, and to every city, village and hamlet in the States, if it would tax whiskey and rum almost to the point of prohibition! Was it Bonaparte who said that he found vices very good patriots? "He got five millions from the love of brandy, and he should be glad to know which of the virtues would pay him as much." Tobacco and opium have broad backs, and will cheerfully carry the load of armies, if you choose to make them pay high for such joy as they give and such harm as they do.”


