It would be too ridiculous to go about seriously to prove that wealth does not consist in money, or in gold and silver; but in what money purchases, and is valuable only for purchasing. Money no doubt, makes always a part of the national …
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Money & Wealth Quotes — page 50
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There is not even a thought, or an invention, which is not common property, born of the past and the present. Thousands of inventors, known and unknown, who have died in poverty, have co-operated in the invention of each of these machines …
There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man …
more than any other class of the community, is benefited by the depreciation of money, and injured by the increase of its value.
Now, however, we are coming into collision with facts which there can be no mistaking.
Poverty is the stepmother of genius.
The great affair, we always find, is to get money.
All belongs to all. All things are for all men, since all men have need of them, since all men have worked in the measure of their strength to produce them, and since it is not possible to evaluate every one's part in the production of the …
By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens.
Money is neither a material to work upon nor a tool to work with.
At the beginning of this marvelous era it was natural to expect, and it was expected, that labor-saving inventions would lighten the toil and improve the condition of the laborer; that the enormous increase in the power of producing wealth …
Though the profusion of Government must undoubtedly have retarded the natural progress of England to wealth and improvement, it has not been able to stop it.
each time that in the course of history, whether following upon a foreign conquest, or whether by developing authoritarian prejudices men become more and more divided into governors and governed, exploiters and exploited, the moral level …
The immense accumulations of fixed capital which, to the great benefit of mankind, were built up during the half century before the war, could never have come about in a Society where wealth was divided equitably.
With the greater part of rich people, the chief enjoyment of riches consists in the parade of riches, which in their eye is never so complete as when they appear to possess those decisive marks of opulence which nobody can possess but …
What economists call over-production is but a production that is above the purchasing power of the worker, who is reduced to poverty by Capital and State.
the competition of the poor takes away from the reward of the rich.
A great stock, though with small profits, generally increases faster than a small stock with great profits. Money, says the proverb, makes money. When you have a little, it is often easier to get more. The great difficulty is to get that …
The liberal reward of labour, therefore, as it is the affect of increasing wealth, so it is the cause of increasing population. To complain of it, is to lament over the necessary effect and cause of the greatest public prosperity.
A very poor man may be said in some sense to have a demand for a coach and six; he might like to have it; but his demand is not an effectual demand, as the commodity can never be brought to market in order to satisfy it.
Labour was the first price, the original purchase-money that was paid for all things. It was not by gold or by silver, but by labour, that all the wealth of the world was originally purchased; and its value, to those who possess it, and …
This disposition to admire, and almost to worship, the rich and powerful, and to despise or, at least, neglect persons of poor and mean conditions, though necessary both to establish and to maintain the distinction of ranks and the order …
Poor David Hume is dying very fast, but with great cheerfulness and good humour and with more real resignation to the necessary course of things then any whining Christian ever dyed with pretended resignation to the will of God.