A Quote by Jean-Baptiste Say
The command of a large sum is a dangerous temptation to a national administration. Though accumulated at their expense, the people rarely, if ever profit by it: yet in point of fact, all value, and consequently, all wealth, originates with the people.
Related Quotes
The oligarchs think that the people are both dangerous and stupid. Their point is moot. But we do know that the oligarchs are a good deal more dangerous to the polity than the people at large.
The Chinese people have only family and clan groups; there is no national spirit. Consequently, in spite of four hundred million people gathered together in one China, we are, in fact, but a sheet of loose sand.
My experience indicates that most people who've accumulated a great deal of wealth haven't had that as their goal at all. Wealth is only a by-product, not the original motivation.
When a man has accumulated a sum of money, accumulated it within the law, the Government has no right to share in its earnings.
In the same way the eminence attaching to the mere possession of great wealth disappoints us nine times out of ten, especially if the wealth has been accumulated rapidly. For great wealth is accumulated rapidly by cunning or chance, or a mixture of the two. Cunning has nothing to do with high qualities; it is rather a presumption against them; while chance has nothing to do with them either. Therefore it is that men are always complaining after meeting So-and-so, that he seemed to be astonishingly stupid, though he made a million in ten years and started as a pauper.
Consequently, a young business often grows by large percentages. Mature businesses rarely do.
The environmental crisis is somber evidence of an insidious fraud hidden in the vaunted productivity and wealth of modern, technology-based society. This wealth has been gained by rapid short-term exploitation of the environmental system, but it has blindly accumulated a debt to nature-a debt so large and so pervasive that in the next generation it may, if unpaid, wipe out most of the wealth it has gained us.
I am one of those who do not believe that a national debt is a national blessing, but rather a curse to a republic; inasmuch as it is calculated to raise around the administration a moneyed aristocracy dangerous to the liberties of the country.
If slavery, as a national evil, is to be abolished, and it be just that it be done at the national expense, the amount of the expense is not a paramount consideration.
History reveals no civilized people among whom there was not a highly educated class and large aggregations of wealth. Large profits mean large payrolls.
If Americans actually have the conversation about our disastrous prison policies, we'll understand the trends all move in very dangerous directions: we lock up more people, for less violent crime, at ever greater expense, breeding more dangerous criminals who often come out unemployable, violent and isiolated.
Political conflict rests to a very large extent on a universal ignorance of consequences, as the people who are benefited by any particular act or policy are rarely those who struggled for it, and the people who are injured are rarely those who opposed it.
To me, if there is any sort of value added to the accumulation of knowledge over time, then the work of artists should be a reflection of that accumulated value, accumulated knowledge. You have to demonstrate that you have the sophistication to put that into play in the work you're making.
Bill Clinton persuaded some people that he was really a civilized character and his Administration had the best interests of humanity at heart. These days we don't have to put up with that nonsense. It's very clear that the George W. Bush Administration is out of control. It contains some truly dangerous people.
There are many ways to create economic suicide on a national level. The major way through history has been through indebting the economy. Debt always expands to reach a point where it cannot be paid by a large swathe of the economy. This is the point where austerity is imposed and ownership of wealth polarizes between the One Percent and the 99 Percent.
The time has come for writers to become inaccessible again. The reason is not some kind of 'mystique' that makes people curious (though it helps), but the fact that no real writers ever lay down anything real in public-they work in solitude, they think hard, and their thoughts are rarely nice or 'friendly.'
Related Authors
Adam Smith Quotes
Scottish
Economist
Alan Greenspan Quotes
American
Economist
Benjamin Graham Quotes
American
Economist
Friedrich August von Hayek Quotes
Austrian
Economist
John Kenneth Galbraith Quotes
American
Economist
John Maynard Keynes Quotes
English
Economist
Joseph Stiglitz Quotes
American
Economist
Ludwig von Mises Quotes
Austrian
Economist
Milton Friedman Quotes
American
Economist
Muhammad Yunus Quotes
Bangladeshi
Economist
Murray Rothbard Quotes
American
Economist
Paul Krugman Quotes
American
Economist
Richard Thaler Quotes
American
Economist
Robert Reich Quotes
American
Economist
Thomas Sowell Quotes
American
Economist
Walter E. Williams Quotes
American
Economist