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Economy Quotes

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Economy Quotes

“... But as a Godless greed pursued its career from excess to excess, it provoked a sort of twin hostile brother, equally Godless, born in the same atmosphere of utter disregard for the foundational virtues of humility and charity. This hostile twin brother of Capitalism was destined to be called Communism, and is today setting out to murder its elder.”

“The Spirit of Justice is the single most important seed Piers planted; if you don't live by its teaching, your chance of salvation is nil. Unless Conscience and the Cardinal Virtues form the food that people live on, just take my word for it, they're utterly lost - every single living soul among them!”

“For there is no virtue, the honour and credit for which procures a man more odium from the elite than that of justice; and this, because more than any other, it acquires a man power and authority among the common people. For they only honour the valiant and admire the wise, while in addition they also love just men, and put entire trust and confidence in them.”

“As boys should be educated with temperance, so the first greatest lesson that should be taught them is to admire frugality. It is by the exercise of this virtue alone they can ever expect to be useful members of society.”

“the New Englander landed on a stony, barren tract, and a large share of his strength during two centuries has gone to force a living out of it. Hence he has come to regard economy - a necessary unpleasant quality at best - as the chief of virtues. He has cultivated habits which verge on closeness in dealing with food, and with the expression of feeling, and even - his enemies think - with feeling itself.”

“Wealth brings with it its own checks and balances. The basis of political economy is noninterference. The only safe rule is found in the self-adjusting meter of demand and supply. Open the doors of opportunity to talent and virtue and they will do themselves justice, and property will not be in bad hands. In a free and just commonwealth, property rushes from the idle and imbecile to the industrious, brave and persevering.”

“We may... affirm that the balance of power in a society accompanies the balance of property in land. The only possible way, then, of preserving the balance of power on the side of liberty and public virtue is to make the acquisition of land easy to every member of society; to make a division of the land into small quantities, so that the multitude may be possessed of landed estates.”

“If the multitude is possessed of the balance of real estate, the multitude will have the balance of power, and in that case the multitude will take care of the liberty, virtue, and interest of the multitude in all acts of government.”

“A disordered currency is one of the greatest political evils. It undermines the virtues necessary for the support of the social system, and encourages propensities destructive to its happiness. It wars against industry, frugality, and economy, and it fosters the evil spirits of extravagance and speculation.”