in Quotes & Aphorisms (Wealth and poverty)
The destruction of the inducement to invest by an excessive liquidity-preference was the outstanding evil, the prime impediment to the growth of wealth, in the ancient and medieval worlds.
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The destruction of the inducement to invest by an excessive liquidity-preference was the outstanding evil, the prime impediment to the growth of wealth, in the ancient and medieval worlds.
The poor beggar hath a just demand of an alms from the rich man, who is guilty of fraud, injustice, and oppression if he does not afford relief according to his abilities.
The worker is becoming impoverished absolutely, i. e., he is actually becoming poorer than before; he is compelled to live worse, to eat worse, to suffer hunger more, and to live in basements and attics.
People on all levels of income are better off than they were in 1979. The hon. Gentleman is saying that he would rather that the poor were poorer, provided that the rich were less rich. That way one will never create the wealth for better social services. As we have. What a policy. Yes, he would rather have the poor poorer, provided that the rich were less rich. That is the Liberal policy.
He had heard people speak contemptuously of money: he wondered if they had ever tried to do without it.
Capitalism is like Japanese Knotweed: nothing kills it off. If there were only two people left on the planet, one of them would find a way of making money out of the other.
It is not wealth one asks for, but just enough to preserve one's dignity, to work unhampered, to be generous, frank and independent.
Geological time is not money. A pity too; for it would have abolished poverty from the earth. Let us adopt geological time, then time being money, there will be no more poverty. We are all missionaries (propagandists of our views). Each of us disapproves of the other missionaries; in fact detests them, as a rule. I am one of the herd myself. It is noticeable that the professional always uses the one license: "Go ye into all the world," and ignores the Golden Rule which would restrain him from entering China and one or two other countries where he is not wanted and is not welcome.
Climbing out of poverty by your own efforts that is something on which to pride yourself, but poverty itself is romanticized only by fools.
Pyramid-building, earthquakes, even wars may serve to increase wealth, if the education of our statesmen on the principles of the classical economics stands in the way of anything better.