“While the law of competition may be hard for the individual, it is the best for the human race because it ensures the survival of the fittest in every department.” -Andrew Carnegie, American industrialist. Introduction Once upon a time, in 1879, in a country we know today as the United States of America, certain unique [...]
May 28, 2011
“Competition is not only the basis of protection to the consumer, but is the incentive to progress.” - Herbert Hoover (American President, 1874-1964) Great words by a great man. However, President Herbert Hoover had somewhat erred while making this statement. He only said ‘competition’, whereas he should have stressed on ‘fair competition’. Competition is present [...]
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June 7, 2011
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