“There is no need to deny that other 'objectives' are often important—power, prestige, public approval, or the mere love of the game— it need only be recognized that the attainment of these ends more often than not is associated directly with the ability to make profits.”
Source: The Theory of the Growth of the Firm, 1959, p. 30
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Edith Penrose 7
economist 1914–1996Related quotes

“People need to be reminded more often than they need to be instructed.”

Il faut, autant qu'on peut, obliger tout le monde:
On a souvent besoin d'un plus petit que soi.
Book II (1668), fable 11.
Fables (1668–1679)
Variant: One often has need of one inferior to himself.

Part One: 1. Stultifera Navis
History of Madness (1961)
Context: Meaning created links so numerous, so rich and involved that only esoteric knowledge could possibly have the necessary key. Objects became so weighed down with attributes, connections and associations that they lost their own original face. Meaning was no longer read in an immediate perception, and accordingly objects ceased to speak directly: between the knowledge that animated the figures of objects and the forms they were transformed into, a divide began to appear, opening the way for a symbolism more often associated with the world of dreams.

Source: You Learn by Living: Eleven Keys for a More Fulfilling Life