“We stand for a living wage. Wages are subnormal if they fail to provide a living for those who devote their time and energy to industrial occupations. The monetary equivalent of a living wage varies according to local conditions, but must include enough to secure the elements of a normal standard of living-a standard high enough to make morality possible, to provide for education and recreation, to care for immature members of the family, to maintain the family during periods of sickness, and to permit of reasonable saving for old age.” IfsEnoughCareAgeEnergyFailingConditionsPeriodsMoralityMembersElementsNormalStandardsLocalsOld AgeSecureSavingReasonableSicknessOccupationPermitWagesVaryRecreationMonetaryImmatureMinimum WageStandards Of LivingTime And EnergyLiving Wage Author:Theodore Roosevelt
“It is so natural for us to consider our presence as indispensable in the world, so long as we have much to do in it, that the wisdom of retiring wholly from employments in advanced life may be questioned. Certainly, he who does so is in danger of finding, before long, that he has only given up the occupation to which he has been accustomed, for the new business of calculating the period of his decease.” WorldMayLongDoeHas BeensGivenNaturalDangerPeriodsFindingsEmploymentOccupationRetirementRetiringIndispensableAccustomedGiven UpCalculatingNew Business Author:Christian Nestell Bovee
“Every year, in the deep midwinter, there descends upon this world a terrible fortnight. ... every shop is a choked mass of humanity ... nerves are jangled and frayed, purses emptied to no purposes, all amusements and all occupations suspended in favor of frightful businesses with brown paper, string, letters, cards, stamps, and crammed post offices. This period is doubtless a foretaste of whatever purgatory lies in store for human creatures.” WorldYearsHumansLyingPurposeHumanityThis WorldPeriodsTerribleCreaturesOfficePaperMassLettersStoresFavorsChristmasCardsPostsShopsBrownStringsNervesOccupationStampsAmusementPursesSuspendedPurgatoryPost OfficeFortnightMidwinter Author:Rose Macaulay
“The discounting presumably is to be done for each period of time at that rate of interest which represents the alternative cost of employing capital in the occupation in question; that is, at the rate which the entrepreneur could obtain in other investments” DoneInterestPeriodsCostEntrepreneurInvestmentRateAlternativesOccupationEmploying Author:Kenneth E. Boulding