A Quote by Philip Massinger
The sum of all that makes a just man happy
Consists in the well choosing of his wife:
And there, well to discharge it, does require
Equality of years, of birth, of fortune;
For beauty being poor, and not cried up
By birth or wealth, can truly mix with neither.
And wealth, when there's such difference in years,
And fair descent, must make the yoke uneasy.
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For neither does wealth bring honour to the owner, if he be a coward; of such a one the wealth belongs to another, and not to himself. Nor does beauty and strength of body, when dwelling in a base and cowardly man, appear comely, but the reverse of comely, making the possessor more conspicuous, and manifesting forth his cowardice.
But Adam Smith was a philosopher as well as well as an economist, famous in his time as much for his Theory of Moral Sentiments as for The Wealth of Nations. And as he understood so well, society is more than the sum of its individual parts.
Every man of ambition has to fight his century with its own weapons. What this century worships is wealth. The God of this century is wealth. To succeed one must have wealth. At all costs one must have wealth.
It is true that so far as wealth gives time for ideal ends and exercise to ideal energies, wealth is better than poverty and ought to be chosen. But wealth does this in only a portion of the actual cases. Elsewhere the desire to gain wealth and the fear to lose it are our chief breeders of cowardice and propagators of corruption. There must be thousands of conjunctures in which a wealth-bound man must be a slave, whilst a man for whom poverty has no terrors becomes a freeman.
Only the man who does not need it, is fit to inherit wealth, the man who would make his fortune no matter where he started.
Beauty is spoiled by an immoral nature; noble birth by bad conduct; learning, without being perfected; and wealth by not being properly utilised.
A man who has cured himself of all ridiculous prepossessions, and is fully, sincerely, and steadily convinced, from experience as well as philosophy, that the difference of fortune makes less difference in happiness than is vulgarly imagined; such a one does not measure out degrees of esteem according to the rent-rolls of his acquaintance. ... his internal sentiments are more regulated by the personal characters of men, than by the accidental and capricious favors of fortune.
The birth of the Savior into mortality is an event of immeasurable significance that occurred almost 2,000 years ago. In much of the world, calendar years are numbered forward and backward from the entire time of His birth.
Well, first of all, I think that a lot of the voters who are voting for the tea party candidates have really good impulses. That is, they believe that for years and years and years, the people with wealth and power or government power have done well and ordinary people have not. That's true.
Wherever the appearance of a conventional aristocracy exists in America, it must arise from wealth, as it cannot from birth. An aristocracy of mere wealth is vulgar everywhere. In a republic, it is vulgar in the extreme.
I have concluded that most PhD economists under appraise the power of the common-stock-based "wealth effect," under current extreme conditions... "Wealth effects" involve mathematical puzzles that are not nearly so well worked out as physics theories and never can be... What has happened in Japan over roughly the last ten years has shaken up academic economics, as it obviously should, creating strong worries about recession from "wealth effects" in reverse.
During the last two years the wealthiest 14 Americans saw their wealth increase by $157 billion. This is truly unbelievable. This $157 billion INCREASE in wealth among 14 individuals is more wealth that is owned, collectively, by 130 million Americans. This country does not survive morally, economically or politically when so few have so much, and so many have so little.
Increase in the wealth per capita fosters democracy; but the latter, at least according to what we have been able to observe up to now, entails great destruction of wealth and even eventually dries up the sources of it. Hence it is its own grave-digger, it destroys what gave it birth.
Not understanding the process of a spontaneously-ordered economy goes hand-in-hand with not understanding the creation of resources and wealth. And when a person does not understand the creation of resources and wealth, the only intellectual alternative is to believe that increasing wealth must be at the cost of someone else. This belief that our good fortune must be an exploitation of others may be the taproot of false prophecy about doom that our evil ways must bring upon us.
It is therefore, the interest of all, that every one, from birth, should be well educated, physically and mentally, that society may be improved in its character, - that everyone should be beneficially employed, physically and mentally, that the greatest amount of wealth may be created, and knowledge attained, - that everyone should be placed in the midst of those external circumstances that will produce the greatest number of pleasurable sensations, through the longest life, that man may be made truly intelligent, moral and happy, and be thus prepared to enter upon the coming Millennium.
If fortune makes a wicked man prosperous and a good man poor, there is no need to wonder. For the wicked regard wealth as everything, the good as nothing. And the good fortune of the bad cannot take away their badness, while virtue alone will be enough for the good.
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