A Quote by Louis Auchincloss

A common objection to inherited wealth is that it stifles the urge to work. I have not generally observed this to be true.

Louis Auchincloss

Quote Topics

Be True Common Generally Inherited Inherited Wealth Objection Observed True Urge Wealth Work

Quote Author

Louis Auchincloss
American - Novelist
Born: September 27, 1917

If, as is generally the case, the heirs are not equal to the demands which life makes on an entrepreneur, the inherited wealth rapidly vanishes.

Ludwig von Mises

Do not mistake your objection to defeat for an objection to fighting, your objection to being a slave for an objection to slavery, your objection to not being as rich as your neighbor for an objection to poverty. The cowardly, the insubordinate, and the envious share your objections.

George Bernard Shaw

...scientific power is like inherited wealth: attained without discipline. You read what others have done, and you take the next step. You can do it very young...there is no mastery, old scientists are ignored. There is no humility before nature...Its a form of inherited wealth. And you know what assholes congenitally rich people are.

Michael Crichton

Instead of promoting inherited wealth for the few, I want to tackle inherited disadvantage for the many.

Liz Kendall

The misuse of extrinsic rewards, so common in business, impedes creativity, stifles personal satisfaction and turns play into work.

Daniel H. Pink

Inherited wealth may be something easily squandered, but inherited poverty is a legacy almost impossible to lose.

Eric L. Haney

I may not have inherited wealth, but I have some inherited humility.

Carole Radziwill

This wise man observed that wealth is a tool of freedom. But the pursuit of wealth is the way to slavery.

Frank Herbert

Against Knowledge I have, as the light cynic observed of a certain lady's past, only one serious objection - that there is so much of it.

Arthur Quiller-Couch

It is commonly observed that a sudden wealth, like a prize drawn in a lottery or a large bequest to a poor family, does not permanently enrich. They have served no apprenticeship to wealth, and with the rapid wealth come rapid claims which they do not know how to deny, and the treasure is quickly dissipated.

Ralph Waldo Emerson

Too often, complaint is not about principled objection on moral grounds, but opportunistic objection on grounds of self-interest. To rectify this, we need to work on mastering the art of complaint.

Julian Baggini

There exists a false aristocracy based on family name, property, and inherited wealth. But there likewise exists a true aristocracy based on intelligence, talent and virtue.

Tom Robbins

The true defense against wealth is not a fear of wealth - of its fragility and of the vicious consequences that it can bring - the true defense against wealth is an indifference to money.

Natalia Ginzburg

Fortunately, there's another handy driver that has manifested itself throughout the history of cultures. The urge to want to gain wealth. That is almost as potent a driver as the urge to maintain your security. And that is how I view NASA going forward - as an investment in our economy.