A Quote by Friedrich August von Hayek
Money is one of the greatest instruments of freedom ever invented by man. It is money which in existing society opens an astounding range of choice to the poor man, a range greater than that which not many generations ago was open to the wealthy
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I tell Thee that man is tormented by no greater anxiety than to find someone quickly to whom he can hand over that gift of freedom with which the ill-fated creatures is born. But only one who can appease their conscience can take over their freedom […] Instead of taking men's freedom from them, Thou didst make it greater than ever! Didst Thou forget that man prefers peace, and even death, to freedom of choice in the knowledge of good and evil?
I have just begun a work in which an important part is given to a large chorus and with it I want to use several of your instruments - augmenting their range as in those I used for my Equatorial - especially in the high range.
The responsibility which rests upon man is proportional to the ability which he possesses and the opportunity which he faces. Perhaps that responsibility is no greater for him than was that of Notharctus or Eohippus or a trilobite, each in his own day, but because of man's unique abilities it is the greatest responsibility that has ever rested upon any of the earth's offspring.
Things which matter cost money, and we've got to spend the money if we do not want to have generations of parasites rather than generations of productive citizens.
One’s relationship with money is lifelong, it colors one’s sense of identity, it shapes one’s attitude to other people, it connects and splits generations; money is the arena in which greed and generosity are played out, in which wisdom is exercised and folly committed. Freedom, desire, power, status, work, possession: these huge ideas that rule life are enacted, almost always, in and around money.
Growing up, it was uncool to admit that your family had any money. And then, instantly, money was cool. In Reagan's parlance, it was about freedom of the individual, which was freedom to be greedy... individual versus society. There was a weird seduction in that, which I still feel.
The commodiousness of money is indeed great; but there are some advantages which money cannot buy, and which therefore no wise man will by the love of money be tempted to forego.
What's happening is there's transfer of wealth from the poor and the middle class to the wealthy. This comes about because of the monetary system that we have. When you inflate a currency or destroy a currency, the middle class gets wiped out, so the people who get to use the money first, which is created by the Federal Reserve System, benefit, so the money gravitates to the banks and to Wall Street. That's why you have more billionaires than ever before.
The Internet opens up a whole new range of possibilities in a wide range of areas.
Over two thousand years ago, Aristotle taught us that money should be durable, divisible, consistent, convenient, and value in itself. It should be durable, which is why wheat isn't money; divisible which is why works of art are not money; consistent which is why real estate isn't money; convenient, which is why lead isn't money; value in itself, which is why paper shouldn't be money. Gold answers to all these criteria.
He is a wise man who seeks by every legitimate means to make all the money he can honestly, for money can do so many worthwhile things in this world, not merely for one's self but for others. But he is an unmitigated fool who imagines for a moment that it is more important to make the money than to make it honestly. One of the advantages of possessing money is that it facilitates one's independence and mental attitude. The man head over heels in debt is more slave than independent.
When I had money, money, O! I knew no joy till I went poor; For many a false man as a friend Came knocking all day at my door.
Jesus Christ said more about money than about any other single thing because, when it comes to a man's real nature, money is of first importance. Money is an exact index to a man's true character. All through Scripture there is an intimate correlation between the development of a man's character and how he handles his money.
I am concerned that too many people are focused too much on money and not on their greatest wealth, which is their education. If people are prepared to be flexible, keep an open mind and learn, they will grow richer and richer through the changes. If they think money will solve the problems, I am afraid those people will have a rough ride. Intelligence solves problems and produces money. Money without financial intelligence is money soon gone.
No, not rich. I am a poor man with money, which is not the same thing.
Many years ago Rudyard Kipling gave an address at McGill University in Montreal. He said one striking thing which deserves to be remembered. Warning the students against an over-concern for money, or position, or glory, he said: 'Some day you will meet a man who cares for none of these things. Then you will know how poor you are.'
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