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Past Quotes

“May it not be asked of every intelligent friend to the liberties of his country, whether the power exercised in such an act as this ought not to produce great and universal alarm? Whether a rigid execution of such an act, in time past, would not have repressed that information and communication among the people which is indispensable to the just exercise of their electoral rights? And whether such an act, if made perpetual, and enforced with rigor, would not, in time to come, either destroy our free system of government, or prepare a convulsion that might prove equally fatal to it?”

PeopleIfsMayMadeCountryGovernmentMightPastLibertyRightsInformationProduceCommunicationOughtExerciseProveUniversalConstitutionIntelligentPerpetualExecutionIndispensableAlarmsRepressedRigorSystems Of GovernmentTimes PastInformation And Communication
Book:The Debates in the Several State Conventions on the Adoption of the Federal Constitution: As Recommended by the General Convention at Philadelphia in 1787. Together with the Journal of the Federal Convention, Luther Martin's Letter, Yates's Minutes, Congressional Opinions, Virginia and Kentucky Resolutions of '98-'99, and Other Illustrations of the Constitution
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“Our world is not an optimal place, fine tuned by omnipotent forces of selection. It is a quirky mass of imperfections, working well enough (often admirably); a jury-rigged set of adaptations built of curious parts made available by past histories in different contexts. A world optimally adapted to current environments is a world without history, and a world without history might have been created as we find it. History matters; it confounds perfection and proves that current life transformed its own past.”

WorldWellsHas BeensMadeDifferentMatterEnoughMightPastForceEnvironmentFineProveMassBuiltPerfectionCurrentsAvailableCuriousOur WorldImperfectionTransformedSelectionMight Have BeenAdaptationJuryAdaptedQuirkyOmnipotentRiggedOptimal
Author:Stephen Jay Gould
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“The history of the past fifty years, and longer, indicates that a diversified holding of representative common stocks will prove more profitable over a stretch of years than a bond portfolio, with one important provisio that the shares must be purchased at reasonable market levels, that is, levels that are reasonable in the light of fairly well-defined standards derived from past experience.”

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Book:The Intelligent Investor: A Book of Practical Counsel
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