Home / Quotes / Quote by Johann Wolfgang von Goethe

Quote by Johann Wolfgang von Goethe

“Be above it! Make the world serve your purpose, but do not serve it.”

Author

Johann Wolfgang von Goethe, born on August 28, 1749, and died on March 22, 1832, was a prominent German writer, thinker, and scientist. He is one of the greatest writers in German literary history and his works have had a profound impact on the world. His most famous works include 'Faust' and 'The Sorrows of Young Werther'. more

“I still believe that, in the long run, the aggregate of the decisions of individual businessmen, exercising individual judgment in a free economy, even if often mistaken, is likely to do less harm than the centralized decisions of a Government; and certainly the harm is likely to be counteracted faster. As I said earlier in this debate, our economic medicine may be painful but it is fast and powerful because it can act freely.”

“My own views on all matters of public revenue and public expenditure are conditioned by an acute appreciation of whose is the sacrifice that produces public revenue and to whom accrues the benefit of public spending.”

Matter My Own Views Sacrifice Produce Benefits Appreciation Spending Revenue Expenditures

Author:John James Cowperthwaite

“Deficit financing proper is rather the process whereby a Government spends more money that it withdraws from the economy by taxation, borrowing, running down reserves, etc.; thereby causing in most circumstances, and very acutely in ours, monetary inflation and severe pressure on the balance of payments.”

Government Running Process Economy Balance Circumstances Pressure Etc More Money Reserves Severe Taxation Inflation Deficit Payment Monetary Borrowing Financing

Author:John James Cowperthwaite

“I am afraid that I do not believe that any body of men can have enough knowledge of the past, the present and the future to establish "development priorities" - which presumably means procuring some developments as being good and prohibiting others as being bad.”

Men Believe Mean Enough Body Past Development Be Good Priorities Being Bad Knowledge Of The Past

Author:John James Cowperthwaite

Quote by Johann Wolfgang von Goethe

Author

You May Also Like