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Facts Quotes

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Facts Quotes

“A good many causes tend to make good masters and mistresses quite as rare as good servants.... The large and rapid fortunes by which vulgar and ignorant people become possessed of splendid houses, splendidly furnished, do not, of course, give them the feelings and manners of gentle folks, or in any way really raise them above the servants they employ, who are quite aware of this fact, and that the possession of wealth is literally the only superiority their employers have over them.”

“The author brings to the table a healthy skepticism of the conventional wisdom, an admirable ability to separate fact from fancy, and an undisguised repugnance for the mumbo-jumbo that's the curse of so much commentary on anything to do with economics or investment. A World of Wealth is not only a lively read, but an exceptionally enlightening and rewarding one to boot.”

“It seems hard for the American people to believe that anything could be more exciting than the times themselves. What we read daily and view on the TV has thrust imagined forms into the shadow. We are staggeringly rich in facts, in things, and perhaps, like the nouveau riche of other ages, we want our wealth faithfully reproduced by the artist.”

“A better distribution of incomes would increase that efficiency by diverting a great fund of wealth from the useless to the useful members of society. To cut off the income of the useless will not impair their efficiency. They have none to impair. It will, in fact, compel them to acquire a useful function.”

“Don't Latin Americans have the right to ask why their elected governments are being opposed and coup leaders supported?.. Poverty and hardship in large parts of Africa are preventing this from happening. Don't they have the right to ask why their enormous wealth - including minerals - is being looted, despite the fact that they need it more than others?”

“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.”