A Quote by John Mills

As a rule, panics do not destroy capital; they merely reveal the extent to which it has been destroyed by its betrayal into hopelessly unproductive works. — © John Mills
As a rule, panics do not destroy capital; they merely reveal the extent to which it has been destroyed by its betrayal into hopelessly unproductive works.
The impossible often has a kind of integrity to it which the merely improbable lacks. How often have you been presented with an apparently rational explanation of something that works in all respects other than one, which is just that it is hopelessly improbable? Your instinct is to say, 'Yes, but he or she simply wouldn't do that.
The ability to cultivate friends is a powerful aid to success. It is capital which will stand by one when panics come, when banks fail, when business concerns go to the wall.
I have never said that love is destroyed by marriage. How can marriage destroy love? Yes, it is destroyed in marriage, but it is destroyed by you, not by marriage. It is destroyed by the partners. How can marriage destroy love? It is you who destroy it, because you don't know what love is. You simply pretend to know, you simply hope that you know, you dream that you know, but you don't know what love is. Love has to be learned; it is the greatest art there is.
You don't have to destroy me. Do you? I'm only a woman who loves you and wants to do what you want to do. I've been destroyed two or three times already. You wouldn't want to destroy me again, would you?
To the extent that bank panics interfere with normal flows of credit, they may affect the performance of the real economy.
As in all moral panics, an accusation is enough to destroy a person's life. Hysteria trumps evidence.
A study of the panics of 1873, 1893, and 1907 indicates that these panics were the result of the international bankers' operations in London.
It is as to whether its services or uses are to be exchanged or not which makes a tool an article of capital or merely an article of wealth. Thus, the lathe of a manufacturer used in making things which are to be exchanged is capital, while the lathe kept by a gentleman for his own amusement is not.
People accept a representation in which the elements of wish and fantasy are purposely included but which nevertheless proclaims to represent "the past" and to serve as a guide-rule for life, thereby hopelessly confusing the spheres of knowledge and will.
If I discover a manure which will enable me to make a piece of land produce 20 per cent more corn, I may withdraw at least a portion of my capital from the most unproductive part of my farm.
History rewards all research. And history fails to record one single instance in which the white man - as a people - did good. They have always been devils; they always will be devils, and they are about to be destroyed. The final proof that they are devils lies in the fact that they are about to destroy themselves. Only a devil - and a stupid devil at that - would destroy himself!
There is nothing destroyed by sanctification but that which would destroy us.
We do not read in order to turn great works of fiction into simplistic replicas of our own realities, we read for the pure, sensual, and unadulterated pleasure of reading. And if we do so, our reward is the discovery of the many hidden layers within these works that do not merely reflect reality but reveal a spectrum of truths, thus intrinsically going against the grain of totalitarian mindsets.
We have always borne part of the weight of war, and the major part ... Men have made boomerangs, bows, swords, or guns with which to destroy one another; we have made the men who destroyed and were destroyed! ... We pay the first cost on all human life.
The civilized people of today look back with horror at their medieval ancestors who wantonly destroyed great works of art or sat slothfully by while they destroyed. We have passed this stage.... Here in the U.S. we turn our rivers and streams into sewers and dumping grounds, we pollute the air, we destroy our forests and exterminate fishes, birds and mammals - not to speak of vulgarizing charming landscapes with hideous advertisements. But at best it looks as if our people were awakening.
I would like to suggest to you that the extent to which government in America has departed from the original design of in habiting the destructive actions of man and invoking a common justice; the extent to which government has invaded the productive and creative areas; the extent to which the government in this country has assumed the responsibility for the security, welfare, and prosperity of our people is a measure of the extent to which socialism has developed here in this land of ours.
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